The Energy Act – the Act amending the Energy Act stipulates that every closed contract must be recorded to the Market Operator. Balance Scheme Members are obliged to report all closed contracts concluded among Balance Scheme Members, all closed contracts for export and import and all concluded transactions on the exchange. On the basis of the quantities of bought and sold electricity in recorded closed contracts, the Market Operator calculates a market plan for Balance Scheme Members.

Balance Scheme Members are also required to report daily operational forecasts for supply and consumption for the delivery points that belong to their Balance Group. Balancing affiliation of the delivery points are laid down in open contracts concluded among suppliers and consumers or generators of electricity.

Reporting closed contracts and operational forecasts is performed daily with the assistance of an online application for reporting closed contracts and operational forecasts, to which access is available to Balance Responsible Parties who create reports for their hierarchically inferior members as well.

Due to the Single Intraday Coupling (SIDC or formerly known as XBID) the reported quantities in the closed contracts with the use of cross-border transmission capacity are enabled to three decimal places.

→ Additional instructions  - transition to a 15-minute accounting interval

→ Additional instructions for balancing service providers

 The deadline for recording of closed contracts and operational forecasts

* Recording deadlines in case of multilateral IBWT or bilateral decoupling. Deadlines apply until the start of the “Core Flow-Based Market Coupling” project.

In case of errors leading to postponement of results publication or decoupling, the current schedule for contract recording would be breached. In case of such occurrence the market operator (Borzen) will notify all balance scheme members via the scheduling application and allow scheduling to take place as outlined below.

FIRST POSTPONEMENT IN CASE OF MULTILATERAL IBWT DECOUPLING:
The deadline for recording is moved from 14:30 to 15:30. The application gate closure is moved to the period from 15:30 to 16:30. The market operator notifies all balance scheme members via the scheduling application.

SECOND POSTPONEMENT IN CASE OF IBWT DECOUPLING FOLLOWED BY BILATERAL DECOUPLING:
The deadline is further extended to 16:00. The application gate closure is moved to the period from 16:00 to 16:30. The market operator notifies all balance scheme members via the scheduling application.

** Deadlines for recording of closed contracts and operational forecasts in case of delays in publication of multilateral market coupling results or full decoupling. The deadlines are valid from the start date of the "Core Flow-Based Market coupling" project.

FIRST POSTPONEMENT IN CASE OF DELAYS IN PUBLICATION OF MULTILATERAL MARKET COUPLING MARKET RESULTS

In the event of a message received with a designated code from the Nominated Electricity Market Operators (hereinafter NEMO), the deadline for submitting closed contracts and operational forecasts is postponed from 14:30 to 15:00. The application gate closure is moved to the period from 15:00 to 16:30. The market operator notifies all balance scheme members via the scheduling application.

Message code to be received at 13:50:
- ExC_03b: Further delay of the Market Coupling Session or
- UMM_01c: Delay in Local Market Results publication (after a Partial Decoupling, for the decoupled Core NEMO Trading Hub (s)).

SECOND POSTPONEMENT IN CASE OF FULL OR PARTIAL DECOUPLING