Services

Imbalances and settlements

We lower your imbalance costs and explain every euro: portfolio effect, per-plant allocation and REE settlements reconciled invoice by invoice.

How we lower the cost

Three levers against imbalances

  1. 01

    Portfolio effect

    Your plant's imbalances are netted against the rest of the portfolio before settlement, and the cost goes down.

  2. 02

    Each plant, its own imbalance

    The cost is allocated by each plant's actual imbalance, not pro rata by energy.

  3. 03

    Bids that look at the imbalance

    When each bid is adjusted, the position is rounded towards the cheaper imbalance direction.

Settlements

REE's calendar, settlement by settlement

  1. A1Current monthFirst settlement at month end.
  2. C2One month laterFirst close with metering data.
  3. C3Three months laterNew close with revised metering data.
  4. C4Eight months laterSecond-to-last revision.
  5. C5Eleven months laterFinal settlement.

Each close is adjusted on your invoice, with its month of origin.

Your invoice

What your invoice includes

Sample invoiceIllustrative amounts
  1. 1Energy sold in the day-ahead market+12 480,00 €
  2. 2Intraday adjustments+640,00 €
  3. 3Imbalances, after the portfolio effect−310,00 €
  4. 4Balancing services and system costs−220,00 €
  5. 5Reactive energy component−45,00 €
  6. 6Adjustment from a previous close+18,00 €
Total+12 563,00 €
  1. 1

    What your energy earns in the day-ahead market, quarter-hour by quarter-hour.

  2. 2

    The result of readjusting the position in the auctions and the continuous market.

  3. 3

    The cost of your actual imbalance, already netted with the rest of the portfolio.

  4. 4

    Your share of the costs REE allocates among market participants.

  5. 5

    Calculated by plant and hour, based on the power factor.

  6. 6

    Adjustment of a previous month with revised metering data.

Value your asset

Tell us what you have and we will study it with its real data. No off-the-shelf estimates.

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