Imbalance price modules (IP)

There are three different modules for calculating the imbalance price: 

Module 1

As part of IP Module 1, the prices of the European balancing platforms PICASSO and MARI are included in the imbalance price.

Module 2

The IP module 2 is formed on the basis of the IP Index. In addition, a minimum gap is established between the IP Index and the imbalance price in Module 2.

Module 3 

In IP module 3, the scarcity component is applied in quarter hours in which the balance of the German Grid Control Cooperation has a value of at least 80% of the Balancing Energy  dimensioned for the German Grid Control Cooperation in the corresponding direction.  

In the event of a positive balance of the German Grid Control Cooperation (deficit), the scarcity component forms the lower limit for the reBAP for the respective quarter of an hour. In the event of a negative balance of the German Grid Control Cooperation (surplus), the scarcity component forms the upper limit for the reBAP for the respective quarter hour.  

The scarcity component is a second-order function (parabolic curve) depending on the balance of the German Grid Control Cooperation.  

IP modules

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Price-setting IP module

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