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single price

Nordic Balancing Model News

Single price-single position implemented on 1 November in the Nordic countries

The single price-single position will enable balance responsible parties and other market parties to handle their imbalances more efficiently.   “The production and consumption imbalances are merged into one imbalance instead of separate imbalances, as it has been the case until today” …

Nordic Balancing Model News

Data publication from the Go-live of Single Price

The go-live of single price and single balance will bring changes to the data publication of imbalance prices and partly imbalance volumes on the ENTSO-E Transparency Platform. From 1 November …

Nordic Balancing Model News

Confirmation of Go-live of Single Price and Single Position on 1 November 2021

Single price and single position is ready for go-live on 1 November 2021 at 00:00 CET, which means that the Nordic imbalance settlement model will transfer from a dual price …

Nordic Balancing Model News

Agreement on harmonisation of the BRP imbalance fee level for Sweden, Norway and Finland

Svenska kraftnät, Statnett and Fingrid have agreed to harmonise the imbalance fee level at 1.15 EUR/MWh from the go-live of Single Price on 1 November 2021 (*). Energinet is currently investigating the …

Nordic Balancing Model News

Nordic TSOs response to the stakeholder feedback to the Common Market Design

On 9 October 2020 the Nordic TSOs published the Common Market Design paper on the NBM webpage. The paper gives an overview of the common imbalance settlement model proposed to …

Nordic Balancing Model News / Publications

Single Price Single Position, publication of common Nordic market design document – feedback welcomed

October 9 2020 The common Nordic market design document gives an overview of the common imbalance settlement model with associated design, which is proposed to be implemented in the Nordics …

Nordic Balancing Model News

FAQ Single Price model

September 30 2020 Following the news of the updated go-live date, the Single Price model project has received some detailed questions and comments from stakeholders and we would therefore like …

Nordic Balancing Model News

Single price Single position go-live date 1 November 2021

An updated target go-live date for the implementation of Single price Single position has been set for 1 November 2021. The go-live date has been delayed compared to the go-live date in Q2-2021 communicated previously.   The revised go-live date and the Nordic implementation timeline take into …

Nordic Balancing Model News

Risk of delay of up to six months for implementation of Single Price Single Position

The timeline so far communicated for implementing Single Price Single Position has been go-live in Q2-2021. It has now become evident that this timeline is tight and there is a risk of a delay up to Q4-2021.   …

Publications

Paper on the use of production plans – related to single price – single position

The Nordic TSOs have written the paper “Current requirements for production plans and imbalances, monitoring and the use of production plans in balancing” to describe the current setup with regards …

Nordic Balancing Model News

Telco invitation to all interested stakeholders on single pricing – single position

The NBM working group on single pricing invites all interested stakeholders to join us in a telco meeting on 11 March 2020 from 12:00 – 14:00 CET, to discuss the …

Nordic Balancing Model News

Single pricing of all imbalances from Q2/2021

The Nordic TSOs have agreed to implement a single price – single position imbalance model by Q2/2021, without the previously proposed dual pricing in so-called diverging imbalance settlement periods (ISPs). …

Nordic Balancing Model News

Nordic stakeholders feedback on imbalance pricing consultation

Nordic TSOs consulted stakeholders on the new imbalance model on November-December 2019, which was discussed in the “Nordic TSOs discussion paper on imbalance pricing” published on 20 November 2019. The …

Nordic Balancing Model News

Invitation to telco 13 January – summary of feedback on discussion paper on imbalance pricing

Nordic TSOs published a discussion paper on imbalance pricing 20 November. Stakeholders are very welcome to provide feedback to the paper until 1 January 2020 by sending the comments to: …

Nordic Balancing Model News

Discussion paper on imbalance pricing published – feedback and input welcomed by 1 January 2020

On 2 October, it was informed that The Nordic Balancing Steering Committee (NBSC) proposed to introduce the single balance – single imbalance price model in Q2/2021. This is based on …

Nordic Balancing Model News

Single balance – single imbalance price model is proposed to be introduced in Q2/2021 (October 2 2019)

The implementation model is based on an assumption in which dual imbalance price model can be applied on imbalance settlement periods with divergent balancing directions. If the TSOs together with …

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