Following the public consultation on the harmonised Baltic imbalance settlement model, the Baltic transmission system operators Elering AS (Elering), AS Augstsprieguma tīkls (AST) and LITGRID AB (Litgrid) (hereinafter – Baltic TSOs) have concluded imbalance settlement model proposal, which shall be adopted within the Baltics at the start of 2018. The model was developed taking into consideration present draft edition on the Guidelines on Electricity Balancing and the feedback received through the public consultation process. The detailed description of the Baltic TSOs conclusive harmonised Baltic imbalance settlement model proposal can be found at Baltic TSOs websites.

Baltic TSOs conducted the public consultation on “Baltic CoBA development elements” which lasted from June 27th until August 15th 2016. The objective of the consultation was to gather feedback from Baltic electricity market participants and stakeholders regarding Baltic mFRR standard product for balancing and Baltic imbalance settlement harmonisation proposed by the Baltic TSOs.

By the 4th quarter of 2017 each TSO will publish the standard terms and conditions for BRPs approved by national regulatory authorities and the new model is planned to become effective from January 1, 2018.