Glossary

P212 – Main Imbalance Price based on Market Reference Price

Formal title: Main Imbalance Price based on Market Reference Price

Current Status

Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Rejected

Summary

The Modification proposal seeks to replace part of the current energy imbalance price methodology with an alternative method for determining the main imbalance price paid by parties who are in imbalance in the same direction as the system. The solution would use a market-derived reference price.

Progression

P212 was raised by BizzEnergy on 27 April 2007. The recommendation of the BSC Panel is that P212 should not be made. Proposed Modification was rejected by the Authority on 29 February 2008.

My BSC

Click on the X next to any of the icons to replace them with a short-cut link to the page you are currently on or search for a specific page.