Regulation of frequency and balance Sample Clauses

Regulation of frequency and balance. For the regulation of the frequency of the synchronous system and the balance in Western Denmark, the bids on the joint regulation list are used in the order of price, with the exception of bids confined behind a bottleneck. The activated bids are marked as balance regulations and are included when calculating the regulation price and regulation volume. For each hour, the regulation price is determined in all Elspot areas. The regulation price is set at the margin price of activated bids in the joint regulation list. When bottlenecks do not arise during the hour of operation, the prices will be equal. The available capacity during the hour of operation can be utilised even there is a bottleneck in Elspot so that a joint regulation price is obtained. If there has been no regulation, the regulation price is set as the area price in Elspot. When a bottleneck arises during the hour of operation between Elspot areas which entails that a bid in an area cannot be activated, the relevant area will obtain a regulation price of its own. This regulation price will be decided by the last bid activated in the joint regulation list prior to the bottleneck arising. There is a bottleneck between the Elspot areas when it is not “possible” to carry out balance regulation on the basis of a joint regulation list without deviating from the normal price order of the list. The reason for this not being “possible” can be for example levels of transmission that are too high on the cross-border link itself or on other lines/transmission constraints or operational/trading rules which entail that it is not permitted to activate bids in the joint regulation list. If the transmission between Elspot areas is greater than the trading plan and this creates bottleneck problems for other Elspot areas, the area(s) which caused this will regulate against the balance. The area(s) therefore obtain(s) its/their own regulation price(s). This will be decided by balance regulations within the area or within several adjacent areas that are affecting the bottleneck in the same way. During bidirectional regulation for an hour in the synchronous system, the net regulated energy will decide whether the regulation price will be the upward or downward regulation price. If no regulation has taken place or if the net volumes upwards and downwards are equal, the price will be set at the Elspot price. Regulation behind a bottleneck will only affect the net volume if the bottleneck has arisen through activated...
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