Berlin/Ratingen, 8 September 2021 Trading Hub Europe GmbH (THE) has completed the first round of reviews in accordance with the obligation provided for in section 50 of the Cooperation Agreement (KoV). A total of 80 network balancing accounts had to comply with the obligation, for 59 network balancing accounts a significant and sustainable optimization possibility was identified and one network operator incurred a penalty.
The obligation was introduced following the report on the forecast quality of standard load profiles (SLP) drawn up for the first time in 2019, which found that some network operators still had persistently high, significant and unusual network balancing account deviations. When Cooperation Agreement XI was drawn up, section 50 (11) was therefore revised and firmed up across all associations. A certain group of distribution system operators with SLP were subject to the obligation. If a network operator did not comply with its obligation to perform the review or did so only in part, the penalties provided for under the KoV were imposed.
The summary report of the market area manager is available on the THE website. It includes, in particular, information regarding the relevant thresholds, the number of network operators contacted, the number of network operators that have identified significant and sustainable potential for improvement along with further information on the identified potential for improvement and the cumulative absolute network balancing account deviations over the last two years.
As a result of the introduction of the review obligation, which was developed across all associations, market participants expect to see an improvement in data quality.
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Trading Hub Europe GmbH
Kaiserswertherstraße 115
40880 Ratingen (Germany)
Ina Domin
T +49 2102 59796 321
presse@tradinghub.eu
www.tradinghub.eu