Settlement
Settlement is the financial close of day-ahead, intraday and imbalance volumes after the delivery interval, using official prices and rules.
- Official source
- Settlement of market and imbalance volumes
- Source language
- Albanian
- TradingDesk explanation
- English
Why it matters
A good hourly decision is unfinished until it is valued. Settlement is where ALPEX trades and imbalance become money.
Exchange clearing (ALPEX) and imbalance settlement (TSO / balancing rules) are related but not the same invoice.
The desk needs both maps: what was traded, what was measured, what was paid.
How it works
ALPEX clearing values accepted day-ahead and intraday trades under exchange procedures.
Separately, imbalance volumes are valued under the balancing settlement rules after meters are available.
Collateral, margins and payment calendars are official ALPEX / TSO items. They are not listed here without the PDF.
Key rules / parameters
| Item | Detail |
|---|---|
| Exchange settlement | ALPEX clearing of DAM / ID trades |
| Imbalance settlement | After metering, under balancing rules |
| Prices used | Official DAM, ID and imbalance / balancing prices |
| Official ALPEX PDF | Vendim ERE nr. 347, 27.12.2022, attached on this page |
| Official balancing PDF | Vendim ERE nr. 106, 02.07.2020, see Balancing Rules |
TradingDesk context
TradingDesk does not replace ALPEX or TSO settlement systems. It keeps the operational picture so the invoice is not a surprise.
- Source authority
- Source: ALPEX / OST / ERE
- Publication date
- 2022-12-27
- Official title
- Clearing and settlement. Official ALPEX text: Vendim ERE nr. 347, 27.12.2022
- Source language
- Albanian
- Last updated
- 2026-09-10
- Official source
Vendimi_Nr_347_2022_rregullat_e_tregut.pdf
Download official PDF
settlement · imbalance · ALPEX