- Balancing & Imbalance Prices
Dear market participant
As of first of January 2022 (EET), the new imbalance price methodology shall come into effect in the Baltics.
Although the publication of imbalance prices shall continue to be on the 5th working day of the next month, we would like to inform you that due to technical issues, the balancing market prices published on the Baltic Transparency Dashboard after 30.12.2021 10:00 a.m shall already include the new Value of Avoided Activation (VoAA) component (in other words, the direct replacement to the day-ahead price). This is purely a technical issue, which unfortunately we cannot solve in any other way.
Since the old methodology (according to which the balancing market price during ISPs in which there have not been any balancing energy activated equals the corresponding day-ahead price) shall be in effect until the end of 2021, the Baltic TSOs shall correct the balancing market prices published on the Baltic Transparency Dashboard after 30.12.2021 10:00 a.m. in retrospective during the 3rd of January.
To further clarify, this will only affect the ISPs, in which there has not been any balancing energy activated, which is less than 20% of all ISPs.
Balancing energy prices are published here: https://baltic.transparency-dashboard.eu/node/41.
We apologize for any inconvenience and hope you have a great end of 2021!