Confirmation of Go-live of Single Price and Single Balance on 1.11.2021
It has been confirmed that the Single price and single balance is ready for go-live on 1st November 2021 at 00:00 CET. This means that the Nordic imbalance settlement model will transfer from a dual price model to a single price model from this date.
It has been confirmed that the Single price and single balance is ready for go-live on 1st November 2021 at 00:00 CET. This means that the Nordic imbalance settlement model will transfer from a dual price model to a single price model from this date.
The go-live of single price and single balance will bring changes to the data publication of imbalance prices and partly imbalance volumes. The Incentivising Component (IC) together with the Value of Avoided Activation (VoAA) will be published at eSett public data and Fingrid open data for all the Nordic countries. The VoAA and IC are used for calculation of Imbalance prices in ISPs with no dominating direction in the Nordics except for in Norway. More information about data publication can be found on NBM’s web page.
Information about the changes in the imbalane settlement system can be found in the commissioning plan on eSett’s Single Balance webpage.
Don’t hesitate to contact eSett’s customer service in case you have any questions or concerns.