For each Balancing Settlement Period t, the energy absorption from the HETS measured by the meter of the Peloponnese-Crete interconnection shall be allocated to the Load Representatives operating in Crete based on the representation percentages calculated and sent out by the Hellenic Electricity Distribution Network Operator (HEDNO) in accordance with paragraph 9 of this Article. The quantity corresponding to each Load Representative for energy absorption from the virtual Balance Responsible Entity 'Crete', $M{Q}_{p,t}^{{\rm K}\rho ή\tau \eta }$, shall be assigned to a a separate portfolio from the energy absorbed by the other Offtake Facilities in the HETS represented by the same Load Representative.

For each Imbalance Settlement Period t, the energy injection into the HETS measured by the meter of the Peloponnese-Crete interconnection shall be assigned to DAPEEP. The above energy injection assigned to DAPEEP, $M{Q}_{p,t}^{{\rm K}\rho ή\tau \eta }$, is part of a separate portfolio from the injection of the RES Units without Market Participation Obligation represented by DAPEEP in the HETS.

For each Imbalance Settlement Period t, the Imbalance is calculated for each Load Representative operating in Crete, p, and for the virtual Balance Responsible Entity 'Crete',  as the difference between the energy absorption, $M{Q}_{p,t}^{{\rm K}\rho ή\tau \eta }$, as determined in accordance with paragraph 1 of this Article, and the relevant Market Schedule, $M{S}_{p,t}^{{\rm K}\rho ή\tau \eta }$, as follows:

For each Imbalance Settlement Period t, the Imbalance of DAPEEP, p, for the virtual Balance Responsible Entity “Crete” is calculated as the difference between the energy injection, $M{Q}_{p,t}^{{\rm K}\rho ή\tau \eta }$, resulting from the measurement data obtained from the meter of the Peloponnese-Crete interconnection, and the relevant Market Schedule, $M{S}_{p,t}^{{\rm K}\rho ή\tau \eta }$, as follows:

The HETS Operator shall calculate the Imbalance amount, in €, for each Discharge Settlement Period for the Load Representatives operating in Crete and for DAPEEP in accordance with the provisions of Article 89 of this Rulebook.

The calculation of the amounts corresponding to the Balance Responsible Parties for the Uplift Accounts in accordance with CHAPTER 20 of this Rulebook shall be made for the total offtake, i.e. the sum of the absorption corresponding to HETS Offtake Facilities and the absorption corresponding to the virtual Balance Responsible Entity 'Crete'.

The quantities corresponding to the virtual Balance Responsible Entity 'Crete' and calculated in accordance with paragraphs 1 and 2 of this Article and the corresponding Market Schedules shall not be taken into account for the purpose of calculating Non-Compliance Charges in accordance with CHAPTER 22 of this Rulebook.

When performing the Initial and Corrective Settlements provided for in Article 23.1 of this Rulebook, the monthly ex-ante estimated representation rates per Load Representative sent by HEDNO in accordance with paragraph 9 of this Article shall be taken into account. During the execution of the Final Settlements or additional Corrective Settlements executed following a respective decision of the RAEWW pursuant to Article 23.1, paragraph 8 of this Rulebook, revised representation percentages per Load Representative operating in Crete shall be taken into account, and shall be sent by HEDNO in accordance with paragraph 9 of this Article.

Two days before the first day of each month M, at 12:00 EET, HEDNO shall send the monthly ex-ante estimated representation rates of the Offtake Facilities in Crete for each Load Representative operating in Crete for month M. The revised representation rates per Load Representative of Crete shall be sent by HEDNO in accordance with the schedule set out in Article 23.1 of this Rulebook.

The Settlement results provided for in CHAPTER 23 shall be communicated to the Balance Responsible Parties separately for the virtual Balance Responsible Entity 'Crete'.

Otherwise, the settlement procedure for the energy injected or absorbed through the Peloponnese-Crete interconnection from the day of completion of Phase A of the interconnection until the day of completion of Phase B of the interconnection of Crete with the HETS shall be carried out in accordance with the provisions of Article 108C of Law 4001/2011, as in force and in CHAPTER 23 of this Rulebook.