The Balancing Market System shall perform all the procedures and all the necessary calculations, and shall record all the data and the results of the Balancing Market in connection to the ISP, the Balancing Energy Market and the Balancing Market Settlement. The Balancing Market System shall include the following subsystems:

a) the HETS Operator Registry,

b) the Physical Transmission Rights Declaration Submission System of the HETS Operator,

c) the Balancing Market Bidding Submission System,

d) the Dispatch Information Administration System, including: the Load Forecasting / RES Injection Forecasting / Reserve Requirements Forecasting Mechanism, the interface with the Energy Exchange for acquisition of the Market Schedules of all Entities, the Integrated Schedule Process solution mechanism and the Balancing Energy Market solution mechanism, the mechanism that produces the Dispatch Instructions in real time and the interface with the Supervisory Control and Data Acquisition System (SCADA).

e) the Balancing Market Settlement System, which carries out all clearing calculations and processes, as well as acting as the interface with the Clearing House;

f) the Participant Communication System and the databases required for the operation of all of the above; and

g) the systems and databases required for the participation of the HETS Operator in the European Platforms as per Regulation (EU) 2017/2195.

The HETS Operator shall operate and maintain the Balancing Market System. The Balancing Market System must be fully compatible with the functions provided for in this Rulebook.

The HETS Operator shall take the appropriate measures to prevent any operational issues in the Balancing Market System and shall try to restore any failure or malfunction, as soon as possible. The HETS Operator shall not be liable to the Participants for any loss they may incur due to any unforeseen failure or malfunction in the Balancing Market System, even temporary ones, or due to any loss of data from the Balancing Market System, or due to any malicious use of the Balancing Market System or the data therein by third parties.

The Balancing Market System supports the commonly accepted principles of good business practices, it is based on modern, appropriate and reliable information and communication technologies and complies with strict standards of uninterrupted operation, increased reliability and integrity of information.

The Balancing Market System databases are protected by an appropriate security system that does not allow access to classified information to unauthorized persons. The System itself provides protection against deletion of information from the databases.