Nordic Imbalance Settlement

eSett is a company providing settlement services to electricity market participants in Denmark, Finland, Norway and Sweden.

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A comprehensive overview to the Nordic Imbalance Settlement Model from the market participant's perspective
23.5.2023 • News

The Nordic electricity market has switched to 15-minute imbalance settlement period

The Nordic electricity market switched to 15-minute imbalance settlement period (ISP) on Monday May 22, 2023 at 00.00 CEST, when eSett switched to perform the imbalance settlement in 15 min ISP. The implementation was successful, and now eSett works in quarter-hourly periods. The introduction to 15-minute imbalance settlement is the first step towards a Nordic…

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