On 22 February, the Market Operator published the first imbalance settlement under the new Rules on the Operation of the Electricity Market, which entered into force in January. For the first time, a new model for calculating imbalance prices was applied, using a single price in each accounting interval, regardless of the imbalance direction. In this way, the Market Operator successfully implemented the requirements of the European guidelines on electricity balancing, the ACER decision on harmon...

Sharing knowledge and experiences is of great importance when it comes to energy market development. 13th of January the 1st Knowledge Sharing Session of the BRIDGE Regulation WG was held in that context, aiming to facilitate the exchange of knowledge and good practices between the projects participating in the initiative by enabling them to present in these sessions specific topics or insights that may go beyond the scope of the Regulation WG work plan. Katerina Drivakou, Energy Systems Researc...

Borzen announces that the new Rules on the organization of the Market Operator’s platform for balancing energy, which will enter into force on 1 January 2023, have been published in the Official Gazette of the Republic of Slovenia 161/2022. The new Rules on the organization of the Market Operator’s platform for balancing energy mainly include amendments related to the change of terminology compared to the current Rules for the operation of the electricity balancing market.  The terminology ha...

December 10 2022 company D. TRADING INTERNATIONAL SA became a member of Balance Scheme with Balance Scheme Responsible status. The entire list of members is available here. 

As of 22 November 2022 the termination of Balance Scheme membership for company Europe Energy S.p.A. will come into force. At the same time, membership in the Balance Scheme also ceases for company Energia gas and power d.o.o whichwas included in the Balance Scheme based on compensation agreement concluded with Europe Energy S.p.A. List of Balance Scheme members is available here. 

Borzen, the Slovenian Power Market Operator, is responsible for issuing the Rules on the organization of the Market Operator’s platform for balancing energy. Borzen has prepared new draft Rules that mainly include amendments related to the change of terminology compared to the current Rules for the operation of the electricity balancing market - unofficial translation.  The terminology has changed due to stipulation laid down in Electricity Supply Act. The public consultation is open from 24 O...

The Supervisory Board of Borzen appointed Mr Borut Rajer, MSc to the position of General Manager of the company for a full term of five years, effective 1 November 2022. Mr Rajer, whose career has been closely intertwined with energy for almost two decades, is an economist and statistician by training. For several years, he was Director of Operations at Borzen, where he was involved in the development of the Slovenian energy market. Throughout the years, he has also been active in the field of ...

The STREAM project has officially started on the 1st of October 2022 and all 20 involved partners (industrial partners, universities, research associations, NGOs, municipality and SMEs) have met in Ljubljana, Slovenia. The Kick-Off meeting was hosted by project coordinator at their premises at Faculty of Electrical Engineering between 4th and 5th October. Project coordinator is University of Ljubljana, led by the Tomi Medved from Laboratory of Energy Policy. The main aim of the STREAM project i...

Borzen, the Slovenian power market operator, in performing its role as Centre for RES/CHP support will sell the electricity from the ECO Group for the year 2023 (an estimated quantity of 97 GWh) in the same way as in the previous years, i.e. indirectly by transferring the whole ECO group to another Balance Scheme Member’s balancing group or subgroup. For that purpose an Auction will be organized, at which participants will be asked to bid the highest price in EUR/MWh for all the electricity pro...

Borzen, the Slovenian Power Market Operator, is responsible for issuing the Rules on the Operation of the Electricity Market. Borzen has prepared new draft Rules with changes which include amendments based on the imbalance settlement concept publicly consulted in February (link) and June (link) and additionally with changes demanded by Slovenian Electricity Supply Act and by Electricity Balancing Guideline (Commission Regulation (EU) 2017/2195). The public consultation is open from 19 September...