Financial Balance: Financial Expenses and Income for Balancing [17.1.I]

Monthly financial balance
Regulation Article		TR article 17.1.i and 17.2.h
Regulation text		Monthly financial balance of the control area, specifying: – the expenses incurred to the TSO for procuring reserves and activating balancing energy, – the net income to the TSO after settling the imbalance accounts with balance responsible parties The information shall be published no later than three months after the operational month. In case the settlement is preliminary, the figures shall be updated after the final settlement
Detailed description		Monthly information on the financial expenses and incomes related to the system balancing and imbalances : - The expenses represent netted value (expenses and income) resulting from the reservation/procurement of capacity from balancing reserves as well as from the activation of balancing energy from contracted and/or non-contracted reserves. - The net income represents netted value (income and expenses) resulting exclusively from the settlement of imbalance with BRPs. GL EB article 55 is applied as follows: A positive value for expenses means cash flow from TSO to BSPs while a negative value implies that cash flows from BSPs to TSO. A positive value for net income means that cash flows from BRPs to TSO while a negative value implies that cash flows from TSO to BRPs. The information shall be published per control area, per month at the latest on the last calendar day of M+3. If settlement is preliminary, the figures shall be updated after the final settlement.
Specification of calculation		Values are aggregated per month (2 values per month) by the Primary owner of the data. The expenses and the net income can be positive or negative as well.
Primary owner of the data		TSO/ operator of balancing market
Data provider		TSO/ operator of balancing market
Aggregation		TSO/ operator of balancing market
Publication deadline for ENTSO-E		At the latest on the last calendar day of M+3 for month M
Updates		In case the settlement is preliminary, the figures shall be updated after the final settlement