Tag: Balancing Market

HOPS to introduce 15-minute deviation calculation period in 2025 – Croatia, 25 July 2022

According to the provisions of Electricity Balancing guideline (EB GL), all electricity transmission system operators within the EU have to obligation to introduce 15-minute deviation calculation period within three years […]

Balancing market costs for suppliers amount to 27 million euros in the first two weeks – Greece, 24 November 2020

With the launch of the target model’s new markets on 1 November, electricity suppliers are faced with considerably higher prices for their electricity purchases, which could lead to higher electricity […]