Glossary
P027
Formal title: Amendment To The Derivation Of Imbalance Prices
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
Imbalance cash-out prices to be amended to more closely reflect the costs that out-of-balance parties impose on the system. This should be based around a correct valuation both of net imbalance energy and of energy for reverse-flow imbalances.
Progression
The Authority rejected the Proposed Modification on 27 February 2002.