Wiki
Operations
Nominations, scheduling, metering, balancing responsibility, BRP and settlement.
Nominations
Sending the planned hourly position so it can be scheduled against the market and the grid.
2 items
Scheduling
Turning nominated volumes into the schedule used for delivery and imbalance.
3 items
Metering
Measurement points used for actual energy, imbalance and settlement.
2 items
Balancing responsibility
Who remains responsible for scheduled versus actual energy and imbalance settlement.
2 items
BRP
Balance Responsible Party: the entity financially responsible for a balancing group.
2 items
Settlement
How day-ahead, intraday and imbalance volumes are valued after delivery.
3 items
In this section
Balancing responsibility
Market participants remain responsible for scheduled versus actual energy and imbalance settlement.
Source: ERE / OST · 2020-07-02
ERE · balancing · BRP
Read moreNominations and scheduling
Sending the planned hourly position so it can be scheduled against the market and the grid.
Source: ERE / OST · 2020-07-02
nomination · scheduling
Read moreSettlement
How day-ahead, intraday and imbalance volumes are valued after delivery.
Source: ERE / ALPEX · 2022-12-27
settlement · imbalance
Read moreBalancing Responsible Party (BRP)
The Balance Responsible Party is the entity financially responsible for the imbalance of a balancing group under the applicable Albanian rules.
Source: ERE / OST · 2020-07-02
BRP · balancing group · imbalance
Read moreBalancing Group
A balancing group is the set of metering points and positions whose schedules and actuals are netted under one BRP.
Source: ERE / OST · 2020-07-02
balancing group · BRP · metering
Read moreNominations
A nomination is the hourly energy plan a participant sends so the position can be scheduled against the market and the grid.
Source: OST / ALPEX / ERE · 2020-07-02
nomination · scheduling · BRP
Read moreSettlement
Settlement is the financial close of day-ahead, intraday and imbalance volumes after the delivery interval, using official prices and rules.
Source: ALPEX / OST / ERE · 2022-12-27
settlement · imbalance · ALPEX
Read moreScheduling
Scheduling turns accepted nominations, ALPEX results and internal plans into the hourly schedule compared with meters. The official clocks sit with OST and ALPEX.
Source: OST / ALPEX / ERE · 2008-10-24
scheduling · nomination · BRP · imbalance
Read moreMetering
Metering points are how actual energy enters imbalance and settlement. A forecast that does not use the same points as the BRP group will not match the invoice.
Source: OST / DSO / ERE
metering · actuals · settlement · BRP
Read moreBalancing responsibility
Balancing responsibility is the duty to keep a schedule and to settle the difference versus measured energy. In Albania that duty sits with a BRP and a balancing group.
Source: ERE / OST · 2020-07-02
balancing responsibility · BRP · imbalance · ERE
Read moreTransmission Code (ERE 123/24.10.2008)
ERE Transmission Grid Code for OST planning, operation, connection and dispatch. Official Albanian text, approved 24 October 2008. This is the grid code, not the ALPEX rulebook.
Source: ERE · 2008-10-24
ERE · OST · transmission · grid code
Read moreMetering Code (ERE 101/26.08.2008)
ERE Metering Code for measuring and recording electricity used in trade and settlement. Official Albanian text, approved 26 August 2008.
Source: ERE · 2008-08-26
ERE · metering · OST · OSSH
Read moreALPEX clearing
Clearing is how accepted ALPEX trades become a financial obligation. It is not the same invoice as TSO imbalance settlement.
Source: ERE / ALPEX · 2022-12-27
ALPEX · clearing · settlement
Read moreGrid connection
A site needs a connection point on the transmission or distribution system before it can be metered, nominated or settled. Official texts are the 2008 Transmission and Distribution Codes.
Source: ERE / OST / OSSH · 2008-10-24
connection · OST · OSSH · metering
Read more