EWRC approved the new ETR

EWRC published meeting minutes of a closed Commission’s meeting at which the final texts of Electricity trading rules (ETR) were approved. The changes will come into force after their announcement in а State Gazette. Some of the more important points are:

  • The definition of Settlement Period does not change. Hence Settlement period is the time interval equal to 1 hour or the time interval specified in the instruction of the TSO (ESO)
  • The formula for calculating the balancing prices is changed. The new formula will enter into force from 1.07.2020 (attached)
  • ESO will now have to announce on its website information about the current balance of the system – no later than 30 minutes after the delivery (physical delivery hour)
  • By the end of the month following the month of entry into force of these rules, RES with a capacity of 1 MW or more than 1 MW, members of a combined balancing group, transfer their responsibility for balancing to a standard balancing group coordinator
  • Until 31.12.2020 ESO, together with the electricity distribution system operators, will publish an instruction setting the requirements of the format for data exchange
  • Aggregators are introduced in the new rules

 

All approved changes can be found in the minutes (only in BG) of the closed meeting of EWRC:

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Source: Energy and water regulatory commission