Balancing Market Rulebook

SECTION I GENERAL PROVISIONS

• CHAPTER 1 OBJECTIVE OF THE BALANCING MARKET RULEBOOK

  • Article 1.1 Balancing market

  • Article 1.2 Balancing Market Rulebook

  • Article 1.3 Definitions

• CHAPTER 2 BALANCING MARKET SYSTEM

  • Article 2.1 Balancing Market System Description

  • Article 2.2 Access to the Balancing Market System

  • Article 2.3 Balancing Market System Certification

  • Article 2.4 Communication between the HETS Operator and the Participants

  • Article 2.5 Participants Support

  • Article 2.6 Record Keeping

  • Article 2.7 Publication of Information by the HETS Operator

• CHAPTER 3 MISCELLANEOUS

  • Article 3.1 Force Majeure

  • Article 3.2 Notices

  • Article 3.3 Transparency – Confidentiality

  • Article 3.4 Release and Assignment

  • Article 3.5 Applicable law and jurisdiction

  • Article 3.6 Language and Currency

  • Article 3.7 Waiver

  • Article 3.8 Entirety of the agreement

  • Article 3.9 Special cases

SECTION II REGISTRATION OF PARTICIPANTS

• CHAPTER 4 CONTRACTS AND PROCEDURE FOR REGISTRATION WITH THE HETS OPERATOR REGISTRY

  • Article 4.1 HETS Operator Registry

  • Article 4.2 Balancing Service Contract and Balance Responsible Party Contract

  • Article 4.3 Dispute Resolution

  • Article 4.4 Termination of the Balancing Service Contract or the Balance Responsible Party Contract

  • Article 4.5 Procedure for registration with the Balancing Service Providers Registry and the Balance Responsible Parties Registry

  • Article 4.6 Rejection of application for registration with the HETS Operator Registry

• CHAPTER 5 REGISTRIES OF ENTITIES

  • Article 5.1 Entities

  • Article 5.2 Balancing Market Generating Units Registry

  • Article 5.3 Dispatchable RES Units Portfolio Registry

  • Article 5.4 Dispatchable Load Portfolio Registry

• CHAPTER 6 BALANCING MARKET FEE

  • Article 6.1 Balancing Market Fee

  • Article 6.2 Calculation of Unit Charges of the Balancing Market Fee

  • Article 6.3 Calculation of Monthly Charges of the Balancing Market Fee

SECTION III SPECIAL PROVISIONS

• CHAPTER 7 SPECIAL PROVISIONS

  • Article 7.1 General Obligations for Hydro Resources Management

  • Article 7.2 Yearly Ahead Hydro Usage Declarations

  • Article 7.3 Weekly Mandatory Hydro Management Declarations

  • Article 7.4 Daily Mandatory Hydro Management Declarations

SECTION IV INTEGRATED SCHEDULING PROCESS

• CHAPTER 8 GENERAL PROVISIONS

  • Article 8.1 Scope

  • Article 8.2 General Provisions for the Integrated Scheduling Process

  • Article 8.3 Transmission of information to the HETS Operator within the framework of the ISP

• CHAPTER 9 HELLENIC ELECTRICITY TRANSMISSION SYSTEM OPERATOR OBLIGATIONS

  • Article 9.1 HETS Operator Obligations

  • Article 9.2 Zonal Load Forecasting

  • Article 9.3 Zonal RES Units Forecasting

  • Article 9.4 Determination of Zonal/Systemic Balancing Capacity Needs

• CHAPTER 10 OBLIGATIONS OF BALANCING SERVICE PROVIDERS

  • Article 10.1 General Obligations of Balancing Service Providers

  • Article 10.2 Available Capacity

  • Article 10.3 Techno-Economic Declarations

  • Article 10.4 Techno-Economic Declaration Submission Procedure

  • Article 10.5 Acceptance and Rejection of the Techno-Economic Declaration by the HETS Operator

  • Article 10.6 Non-Availability Declarations

  • Article 10.7 Major Outage Declaration

  • Article 10.8 Acceptance and Rejection of Non-Availability Declarations and Major Outage Declarations

• CHAPTER 11 BALANCING CAPACITY OFFERS TO THE ISP

  • Article 11.1 Submission of Balancing Capacity Offers to the ISP

  • Article 11.2 Content and Form of Balancing Capacity Offers

  • Article 11.3 Validation of Balancing Capacity Offers

• CHAPTER 12 BALANCING ENERGY OFFERS TO THE ISP

  • Article 12.1 Submission of Balancing Energy Offers to the ISP

  • Article 12.2 Content and Form of Balancing Energy Offers to the ISP

  • Article 12.3 Validation of Balancing Energy Offers to the ISP

• CHAPTER 13 EXECUTION OF THE INTEGRATED SCHEDULING PROCESS

  • Article 13.1 Data of Integrated Scheduling Process

  • Article 13.2 Integrated Scheduling Process Optimization Methodology and Algorithm

  • Article 13.3 Results of the Integrated Scheduling Process

  • Article 13.4 Surveillance of the Results of the Integrated Scheduling Process

SECTION V BALANCING ENERGY MARKET

• CHAPTER 14 GENERAL PROVISIONS

  • Article 14.1 Scope

  • Article 14.2 General Provisions

  • Article 14.3 HETS Operator Responsibilities

  • Article 14.4 Dispatch Instructions

  • Article 14.5 Participation of Balancing Service Providers in the Balancing Energy Market

• CHAPTER 15 BALANCING ENERGY OFFERS IN THE BALANCING ENERGY MARKET

  • Article 15.1 Submission of Balancing Energy Offers to the Balancing Energy Market

  • Article 15.2 Conversion of Balancing Energy Offers into Standardized Automatic Frequency Restoration Reserve (aFRR) Products

  • Article 15.3 Revision of the aFRR Local Merit Order Lists by Balancing Service Providers

  • Article 15.4 Revision of the aFRR Local Merit Order List

• CHAPTER 16 MANUAL FRR PROCESS

  • Article 16.1 mFRR Process Input Data

  • Article 16.2 Execution of the Manual FRR Process

  • Article 16.3 Immediate Activation of manual FRR

  • Article 16.4 Manual FRR Dispatch Instructions

  • Article 16.5 Content of manual FRR Dispatch Instructions

  • Article 16.6. Manual FRR Test Dispatch Instructions

• CHAPTER 17 AUTOMATIC FRR PROCESS

  • Article 17.1 Activation of automatic FRR

SECTION VI BALANCING MARKET SETTLEMENT

• CHAPTER 18 GENERAL PROVISIONS

  • Article 18.1 General Provisions

  • Article 18.2 Balancing Market Settlement Object

  • Article 18.3 Balancing Market Accounts

  • Article 18.4 Required information for the execution of the Balancing Market Settlement

  • Article 18.5 Contract with the Clearing House

  • Article 18.6 Obligations of the Distribution Network Operators under the Balancing Market Settlement process

  • Article 18.7 Deficit or Surplus Management in relation to Cross-Border Natural Supplies

  • Article 18.8 HETS Losses Management

• CHAPTER 19 IMBALANCE AND BALANCING ENERGY SETTLEMENT

  • Article 19.1 Calculation of Balancing Energy and Imbalances

  • Article 19.2 Manual FRR and Automatic FRR Clearing Prices

  • Article 19.3 Calculation of Balancing Energy debits and credits

  • Article 19.4 Calculation of debits and credits for energy activated for purposes other than balancing

  • Article 19.5 Calculation of System Imbalance

  • Article 19.6 Calculation of the Imbalance Price

  • Article 19.7 Calculation of Debits and Credits from the Imbalance Settlement

• CHAPTER 20 BALANCING CAPACITY SETTLEMENT

  • Article 20.1 Calculation of the supplied quantity of Balancing Capacity

  • Article 20.2 Calculation of Balancing Capacity Remuneration

• CHAPTER 21 UPLIFT ACCOUNTS

  • Article 21.1 HETS Operator Uplift Account

  • Article 21.2 UA-1 HETS Losses Uplift Account

  • Article 21.3 UA-2 Balancing Capacity Uplift Account

  • Article 21.4 UA-3 Financial Neutrality Uplift Account

• CHAPTER 22 NON-COMPLIANCE CHARGES

  • Article 22.1 Consequences of non-timely commitment

  • Article 22.2 Consequences of significant deviation from the Registered Characteristics

  • Article 22.3 Consequences of non-compliance with manual FRR Test Instructions

  • Article 22.4 Consequences of significant deviation from the Dispatch Instructions

  • Article 22.5 Consequences of significant systematic demand imbalances

  • Article 22.6 Consequences of significant systematic imbalances in the production of RES Units Portfolios

  • Article 22.7 Consequences of systematic failure to attain a feasible Market Schedule

  • Article 22.8 Management of the amount of non-Compliance Charges

• CHAPTER 23 BALANCING MARKET SETTLEMENT PROCEDURE

  • Article 23.1 Balancing Market Settlement Procedure

  • Article 23.2 Procedure for Settlement of Non-Compliance Charges

  • Article 23.3 Balancing Market Fee Settlement Procedure

  • Article 23.4 Content of Settlement results notified to the Participants

  • Article 23.5 Pricing of non-Compliance Charges

• CHAPTER 24 DEFAULT MANAGEMENT

  • Article 24.1 Actions of the HETS Operator and the Clearing House in case of default

• CHAPTER 25 SPECIAL PROVISIONS FOR THE BALANCING MARKET SETTLEMENT IF NO CLEARING HOUSE OPERATES

  • Article 25.1 Application of Special Provisions

  • Article 25.2 HETS Operator Accounts

  • Article 25.3 Invoicing and Settlement

  • Article 25.4 Actions of the Operator in case of Participant default

  • Article 25.5 Provision of Guarantees

SECTION VII TRANSITIONAL PROVISIONS

• CHAPTER 26 TRANSITIONAL PROVISIONS FOR RES

  • Article 26.1 Commencement of balancing obligations for RES Units with Market Participation Obligation under a Contract for Differential State Aid Support

  • Article 26.2 Explanation of symbols

  • Article 26.3 Calculation of Production Imbalances for RES Units with Market Participation Obligation under a DSAS Contract

  • Article 26.4 Calculation of Debits and Credits for RES Units with Market Participation Obligation under a DSAS Contract

• CHAPTER 27 TRANSITIONAL PROVISIONS ON THE BALANCING MARKET

  • Article27.1 Submission of Balancing Energy Offers to the Balancing Energy Market

  • Article 27.2 Submission of Balancing Energy Offers to the Balancing Market for the period until the constraint in the Peloponnese System is lifted

  • Article 27.3 Calculation of the Balancing Market Fee

  • Article 27.4 Temporary Refund Mechanism of a portion of Revenue of Day-Ahead Market

  • Article 27.5 Calculation of Balancing Energy and Imbalances in operation under AGC

• CHAPTER 28 TRANSITIONAL PROVISIONS RELATING TO THE OPERATION OF THE ELECTRICITY MARKET OF CRETE FROM THE DATE OF THE FIRST PHASE OF THE INTERCONNECTION UNTIL THE DATE OF THE SECOND PHASE OF THE INTERCONNECTION OF CRETE WITH THE HETS

  • Article 28.1. Validity of provisions for the operation of the Electricity Market of Crete from the Date of Completion of Phase A until the Date of Completion of Phase B of the Interconnection of Crete with the HETS

  • Article 28.2. Operation of the SIS Market of Crete from the Date of Completion of Phase A until the Date of Completion of Phase B of the Interconnection of Crete with the HETS

  • Article 28.3 Settlement of the virtual Balance Responsible Entity “Crete” from the Date of Completion of Phase A until the Date of Completion of Phase B of the Interconnection of Crete with the HETS

ANNEX I LIST OF TECHNICAL DECISIONS

ANNEX II LIST OF METHODOLOGIES AND SPECIAL APPROVALS

ANNEX III LIST OF ACRONYMS

FILES

• Methodologies

  • Baseline Calculation

  • Terms and Conditions of BSPs

  • Terms and Conditions of BRPs

  • Rules for suspension and restoration of market activities

• Technical Decisions

  • Procedures of registration with the HETS Operator Registry

  • Integrated Scheduling Process

  • Technical limits on bidding and clearing prices