Planned changes in the balancing and system use agreements
To help to facilitate the opening of the Baltic Balancing market on the 1st of January 2018 AS “Augstsprieguma tīkls” (AST) has submitted a proposal to Public Utility Regulator of Latvia for amendments in Public Utilities Regulator’s Decision No 1/14, 26th of June 2013 (hereinafter – amendments in Grid Codex). It is expected that the amendments in Grid Codex shall come in force on the 1st of January 2018.
The amendments in Grid Codex foresee principal changes in the system balancing regulation, including clearly defined roles of three separate agreements: Balancing agreement, Balancing service agreement, System use agreement.
Following the example of other transmission system operators and respecting that the electricity market will continue to grow and develop, the structure of the aforementioned agreements is chosen to ease the administrative burden of reflecting the changes in the market and regulatory framework in the legal relationships. For this purpose, for the Balancing agreement and Balancing service agreement AST has developed standard terms and conditions which are an integral part of the agreement.
Agreements and standard terms and conditions:
|
Agreement |
Parties |
Subject |
Link to the document (in Latvian) |
|---|---|---|---|
| Balancing agreement & Balancing agreement standard terms and conditions | AST and Balance responsible party | Provision of balancing services to the balance responsible party Provision of rights to balance responsible party to provide balancing service to other electricity traders. |
|
| System use agreement | AST and all electricity traders in Latvia (including those who have signed the Balancing agreement). |
Information exchange between transmission system operator and electricity trader.Provision of balancing service during period when the electricity trader does not have avalid balancing agreement or balancing service agreement. |
|
| Balancing service agreement & Balancing service agreement standard terms and conditions |
Market participant |
Provision of balancing services to a market participant (producer, consumer, trader) |
AST invites all electricity market participants to review the standard terms and conditions and to provide feedback and suggestions before 11thof December 2017.
The signing of the new agreements will be organized after the amendments in Grid Codex are approved.
In case of inquiries regarding the new agreement templates we kindly ask to contact Valentīns Lavrinovičs (e-mail: [email protected], tel. +371 67725363).
Detailed information regarding the opening of Baltic balancing market can be found here: /en/events/baltic-tsos-launch-common-baltic-balancing-market-2018