National Energy Regulatory Council (NERC) of Lithuania informs that the EU Agency for the Cooperation of Energy Regulators (ACER) has decided on the proposal by all Transmission System Operators (TSOs) to amend the common methodology for the pricing of balancing energy and the cross-border capacity used for the exchange across the European electricity markets.
What are the main elements of ACER's decision?
- ACER amended the TSOs' proposal and included a transitory price limit for the first 4 years of the European balancing platforms' operations, until July 2026.
- The transitional price limit provides a safeguard for the first years of the European balancing platforms' operations. This is a temporary measure for mitigating the possible risks of the European balancing platforms' go-live and to allow TSOs and market participants to gather experience on their functioning.
You can find more information about ACER's decision here.