Common use of This Annex Clause in Contracts

This Annex. In this Annex the Nordic TSOs agree upon the main principles and requirements on electricity balancing. This Annex includes the Nordic methodologies related to electricity balancing with the focus on balancing market related issues, or references to NRA approved methodologies. There is a link between this Annex and the LFCR Annex to the SOA. In addition, this Annex refers to the methodologies required by the EBGL on a European level. The purpose of the included references is purely for information. The principles and requirements on electricity balancing, as set out in this Annex, shall be detailed in Nordic Operational instructions. These Operational instructions shall align with this Annex while providing practical guidance for day-to-day use by the TSOs. Consequently, by this Annex the Nordic TSOs will agree on the high-level principles and requirements only. Terms and Conditions and Methodologies required by the EBGL on a national level are not included in this Annex since they are part of national legislation. Bilateral or multilateral agreements between TSOs on sharing and exchange of reserves and descriptions of FRR capacity markets are covered by the SOA annex Load Frequency and Control.