Financial Neutrality of the TSO
According to the Terms and Conditions for BRPs, as they have also been approved by E-Control, all costs of energy components, i.e. costs of aFRR activation, mFRR activation, imbalance netting processes, unintended exchange of energy, and possible penalties and non-remuneration are allocated to the income from imbalance settlement with the BRPs.
In the new imbalance settlement regime, a financial surplus or shortage can occur each month. Article 44 (2) EBGL establishes the responsibility of the regulator to ensure financial neutrality of the TSO. Financial results shall be passed on to network users in accordance with the applicable national rules. As currently there are no existing applicable national rules, the financial results are held at APG until national rules are established by Austrian national law.
APG will publish the financial results from imbalance settlement each month here.
The request for approval of an additional settlement mechanism for mFRR capacity procurement costs can be found here.
Further Information can be found in the Explanatory document.