Glossary
P018 – Removing / Mitigating The Effect of System Balancing Actions in The Imbalance Price
Formal title: Removing / Mitigating The Effect of System Balancing Actions in The Imbalance Price
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
A proposal to remove or mitigate the effect of system balancing actions on the imbalance price calculations under the current Trade Tagging methodology. P18A introduces the Continuous Acceptance Duration Limit (CADL) which will tag and remove from Energy Imbalance prices, BOAs that are less than 15 minutes in duration.
Progression
The Authority approved the Modification on 21 August 2001.