For the effective implementation of the Balancing Market, the Balancing Market Rulebook is supplemented by methodologies decided by the Regulatory Authority for Energy (RAE), following a proposal by IPTO.
Methodology of Determination of the zonal and systemic Balancing Capacity needs for (a) Frequency Containment Reserve, (b) automatic Frequency Restoration Reserve and (c) manual Frequency Restoration Reserve. The Methodology is available in Greek.
The Demand Response Baseline Calculation Methodology is used for the Settlement of the Dispatchable Load Portfolio. The methodology is available in English.
| No | VERSION | RAE's DECISION | GG Β' |
| 1 | Demand Response Baseline_v1 | 798/2020 | 1924/19.05.2020 |
Methodology for the calculation of Activated Balancing Energy and Adjusted Dispatch Instruction. The Methodology is available in Greek.
Methodology for the calculation of Variable Cost Parameters for Thermal Production Units based on Techno-Economic data. The Methodology is available in Greek.
Methodology for estimating the HETS Losses. The Methodology is available in Greek.
The Terms and Conditions of Balancing Services Providers according to Article 18 of Commission Regulation (EU) 2017/2195. Detailed description of Balancing Services Provider pre-selection procedures. The methodology is available in English.
| No | VERSIONS | RAE's DECISION | GG Β' |
|---|---|---|---|
| 1 | Terms & Conditions BSPs_v1 | 1033/2020 | 3493/24.08.2020 |
The Terms and Conditions for Balance Responsible Parties are issued in accordance with the Balancing Market Rulebook, as well as article 18 of Commission Regulation (EU) 2017/2195 and shall apply on Balance Responsible Parties within the control area of the HETS Operator. The methodology is available in English.
| No | VERSIONS | RAE's DECISION | GG Β' |
| 1 | Terms & Conditions BRPs_v1 | 1032/2020 | 3558/28.08.2020 |
Rules for suspension and the restoration of market activities in accordance with Article 36 of Commission Regulation (EU) 2017/2196.
This methodology "Rules for the settlement in case of market activities" sets the rules for the settlement in the event of suspension of the market activities in accordance with Article 39 of Commission Regulation (EU) 2017/2196. The methodology is available in English.
| No | VERSION | RAE's DECISION | GG Β' |
| 1 | Settlement in market Suspension_v1 | 1008/2020 | 3227/04.08.2020 |
The Day-Ahead and the Intra-Day Markets do not take into account the technical constraints of the Balancing Service Entities, whereas the Balancing Market (both the Integrated Scheduling Process and the real time Balancing Energy Market) does so. In case the Market Schedule (DAM and IDM schedule) of any Balancing Service Entity violates its technical constraints, this specific Market Schedule is infeasible, as the ISP Schedule and the Balancing Market Schedule will necessarily differ from the Market Schedule. In such cases, the difference in relation to the Market Schedule will not be considered as Balancing Energy, but as an Imbalance.
The Infeasible Market Schedule Calculation Methodology determines the Dispatch Periods during which, due to a Market Schedule being infeasible, the difference between the energy injected / offtaken by the Balancing Service Entities and the corresponding Market Schedule is considered as Imbalance. The Methodology is available in Greek.
| No | VERSION | RAE's DECISION | GG B' | TRACK CHANGES |
| 1 | Μη εφικτό ΠΑ_v1 | 1363/2020 | 4596/19.10.2020 | |
| 2 | Μη εφικτό ΠΑ_v2 | 1458/2020 | 4800/31.10.2020 | Μη εφικτό ΠΑ_v2-v1 |
For the effective implementation of the Balancing Market, IPTO issues the following Technical Decisions, which regulate details in technical issues with non-regulatory content. The Technical Decisions are issued following a public consultation and are posted on the website of IPTO. In the event of any contradiction between the provisions of the Balancing Market Rulebook and the corresponding Technical Decisions, the provisions of the Rulebook shall prevail.
The Technical Decision "Procedures of registration with the HETS Operator Registry" provides detailed description of application, submission and registration procedures in the HTS Operator Registries. The procedures are analytically presented in section Registration Procedures.
The Technical Decision is available in English.
| No | VERSIONS | TRACK CHANGES |
| 1 | Technical Decision Procedures of Registration_v1 | |
| 2 | Technical Decision Procedures of Registration_v2 | Technical Decision Procedures of Registration_v2-v1 |
Procedure for issuing and sending Dispatch Instructions
Details on the implementation of the manual FRR (mFRR).
Details on the implementation of the automatic FRR (aFRR).
Details and examples of calculations regarding the clearing of the Balancing Energy Market, the Balancing Capacity Market and the Imbalances.
Details on the implementation on Integrated Scheduling Process.
Numerical values of the Minimum and Maximum Prices of Balancing Capacity and Balancing Energy Offers, which are imposed for technical reasons. The Technical Decision is available in English.
Α. Technical Limits for bidding prices and clearing prices for Balancing Energy
|
Timeframe |
Balancing Energy €/MWh |
|
|
minimum |
maximum |
|
|
1st Period |
-4.240 |
+4.240 |
|
2nd Period |
-9.999 |
+9.999 |
|
3rd Period |
-99.999 |
+99.999 |
1st Period: From the launch of the new Markets until the implementation of Complementary Regional Intraday Auctions (CRIDAs) and/or Continuous Intra-Day Trading (XBID).
2nd Period: From the implementation of Complementary Regional Intraday Auctions (CRIDAs) and/or Continuous Intra-Day Trading (XBID) until inclusion of the IPTO in one of the European platforms, MARI or PICASSO.
3rd Period: From inclusion of the IPTO in one of the European platforms, MARI or PICASSO onwards.
Β. Technical Limits for bidding prices and clearing prices for Balancing Capacity
|
Timeframe |
Balancing Capacity €/MW - hour |
|
|
minimum |
maximum |
|
|
1st Period |
0 |
+3,000 |
|
2nd Period |
0 |
+9,999 |
1st Period: From the launch of the new Markets until the implementation of Continuous Intra-Day Trading (XBID).
2nd Period: From the implementation of Continuous Intra-Day Trading (XBID) onwards.
For the effective implementation of the Balancing Market, the Balancing Market Rulebook is supplemented by special approvals and parameters provided for in this Rulebook, which are approved by the Regulatory Authority for Energy (RAE) following a proposal by IPTO.
Interested parties that wish to register in the HETS Operator Registry shall submit a registration fee, as described in section Registration Procedures. The Registration fee is determined by decision of RAE.
Registration Fee in HETS Operator Registry
One-off charge for Balancing Service Providers or/and Balance Responsible Parties: 2.000€
One-off charge for Balancing Market Generating Units: 2.500€
*The registration fee is paid only once, in case the interested party bears both the attribute of a Balancing Service Provider and Balance Responsible Party.
For the calculation of the Instructed Energy, a tolerance limit is set per category of Balancing Service Entity at 2%. The Decision of RAE is available in Greek.
The Balancing Energy Deficit Premium price in €/MWh is determined by RAE, following a proposal by IPTO. RAE's Decision No 1226/2020 (GG Β' 4033/21.09.2020) is available in Greek.
If during an Imbalance Settlement Period energy from Contracted Units or Supplementary Energy from Emergency Imports was injected, or Load Cuts were performed, the upward Balancing Energy Price for manual FRR may be increased at least up to the level of € 2.100 /MWh for the specific Imbalance Settlement Period. In the event that the upward Balancing Energy Price for manual FRR receives a value greater than € 2,100 / MWh, then the value of the Balancing Energy Deficit Premium price is zero (0).
RAE's Decision No 1328/2020 determines the numerical values of non-Compliance Charges for non-submission or unlawful submission of Balancing Energy and Capacity Offers according to articles 96 and 98 of the Balancing Market Rulebook.
| DESCRIPTION | PARAMETER | NUMERICAL VALUE |
| Unitary non-Compliance Charge for non-submission or unlawful submission of Balancing Energy Offers | UNCBEO | 0 €/MWh |
| Unitary non-Compliance Charge for non-submission or unlawful submission of Balancing Capacity Offers | UNCBRO | 0 €/MWh |
RAE's Decision No 1359/2020 determines the numerical values of non-Compliance Charges for significant unfavorable deviation from the Registered Characteristics of a Balancing Service Entity according to article 97 of the Balancing Market Rulebook.
| DESCRIPTION | PARAMETER | NUMERICAL VALUE |
| Unitary non-Compliance Charge | UNCDCe,char | 6 €/MW |
| Tolerance margin for Maximum Available Capacity | DCTOL | 3% |
| Tolerance margin for Technically Minimum Generation | DCTOL | 6% |
RAE's Decision No 1360/2020 determines the numerical values of non-Compliance Charges for significant deviation from Dispatch Instructions according to article 99 of Balancing Market Rulebook.
| DESCRIPTION | PARAMETER | NUMERICAL VALUE |
| Unitary non-Compliance Charge | UNCNPBE | 2 €/MWh |
| Margin of tolerance | TOLBE | 3% |
RAE's Decision No 1361/2020 determines the numerical values of non-Compliance Charges for significant systematic demand imbalances according to article 100 of the Balancing Market Rulebook.
| DESCRIPTION | PARAMETER | NUMERICAL VALUE |
| Unitary charge for the monthly normalized absolute deviation | UNCBALADEV | 40 €/MWh |
| Tolerance margin for the monthly normalized absolute deviation | TOLADEV | 3,3% |
| Unitary charge for the monthly normalized active value of deviations | UNCBALRMSDEV | 160 €/MWh |
| Tolerance margin for the monthly normalized active value of deviations | TOLRMSDEV | 3,3% |
RAE's Decision No 1362/2020 determines the numerical values of non-Compliance Charges for significant systematic imbalances in the production of RES Units Portfolios according to article 101 of the Balancing Market Rulebook.
| DESCRIPTION | PARAMETER | NUMERICAL VALUE |
| Unitary charge for the monthly normalized absolute deviation | UNCBALRADEV | 10 €/MWh |
| Tolerance margin for the monthly normalized absolute deviation | TOLADEV | 20% |
| Unitary charge for the monthly normalized active value of deviations | UNCBALRRMSDEV | 210 €/MWh |
| Tolerance margin for the monthly normalized active value of deviations | TOLRMSDEV | 20% |
RAE's Decision No 1363/2020 determines the numerical values of non-Compliance Charges for systematic failure to attain a feasible Market Schedule according to article 102 of the Balancing Market Rulebook.
| DESCRIPTION | PARAMETER | NUMERICAL VALUE |
| Unitary non-Compliance Charge | UNCNAMSr | 0 €/MWh |
| Tolerance margin for the quantity of the infringement | TOLr,e | 0% |
The Safety Maximum Reservoir Level is the the maximum level per reservoir, above which the Dispatchable Hydro Generating Units connected to the Reservoir may submit mandatory hydro injection declarations to avoid overflow.
The Safety Minimum Reservoir Level is the minimum level per reservoir, above which the Dispatchable Hydro Generating Units connected to the Reservoir may submit declarations of maximum daily energy injection constraint.
The height of the Safety Maximum Reservoir Level and the Safety Minimum Reservoir Level are determined for each Dispatchable hydro Generating Unit by RAE's Decision 1392/2020 (GG Β' 4703/23.10.2020).