Glossary

P027 – Amendment To The Derivation Of Imbalance Prices

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.

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