Balancing market’s redispatching trial run extended by further two months

An ongoing trial run distinguishing between balancing energy and redispatching-related energy in the balancing market will be extended by a further two months, RAE, the Regulatory Authority for Energy, has announced.

The dry-run had begun on December 1 and was initially planned to run for a period of about one month. But it has now been decided that the procedure will need to run until February 28 so that its formula, developed by power grid operator IPTO, can be tested over a greater period of time.

The trial run does not produce financial results but is limited to flagging quantities activated as a result of load changes.

According to the Market Reform Plan, the balancing market’s redispatching procedure is scheduled to be launched on March 31, 2022.