This course will teach you about the inputs, process and outputs for Imbalance Pricing.

Objectives

After completing this course, you will have an understanding or awareness of:

  • The inputs, process and outputs of the Imbalance Pricing process
  • The application of the flagging and tagging methodologies
  • The application of Administered Scarcity Pricing
  • Calculating the Imbalance price and the Imbalance Settlement Price
View the Priority Map

Modules

  1. Introduction
  2. Inputs, Process, Outputs
  3. Determining and Ranking Bid Offer Acceptances
  4. System Operator Flagging
  5. Non-Marginal Flagging
  6. Marginal Energy Action Price
  7. Net Imbalance Volume Tagging
  8. Price Average Reference Tagging
  9. Final Imbalance Price Calculation
  10. Administered Scarcity Pricing
  11. Market Back Up Price and Curtailment Price

Once you complete all of these modules, you have finished your self-learning for the Balancing Market Bidding and Data Submission course. Should you have any questions, contact the Query Management Team.

RELEASED 12/09/2017