The amount of time still needed before RAE, the Regulatory Authority for Energy, can lift balancing market measures designed to contain related surcharge costs by limiting offers of market participants will depend on the progress of a road map for structural interventions to the target model.

The road map, being prepared by RAE in collaboration with power grid operator IPTO, is expected to be ready within June.

It will offer a time frame for the implementation of all structural interventions planned and needed to promote rational behavior in wholesale electricity markets.

Restrictive measures were introduced on February 13 for an anticipated three-month period.