Energy Regulatory Office President of URE approves Balancing Conditions - News -

The modifications primarily focus on adjusting the Balancing Conditions to accommodate the introduction of 15-minute products, which will eventually replace the current hourly products as part of the single market merger. These changes apply to both intraday and day-ahead products. Additionally, the revised Conditions refine and organize the definition of a ‘NEMO Market Operator’ while also implementing updates related to data reporting as part of intersystem exchange.

The decision of the President of URE establishes the implementation dates for the above changes:

• For the introduction of 15-minute products covering the Polish market area and its borders within the single day-ahead market coupling – 18 March 2025, or a date mutually agreed upon by the TSO (Transmission System Operator) and NEMO (Nominated Electricity Market Operator) and published on PSE’s website with sufficient advance notice to ensure market participants are informed of the effective date.
• For the introduction of 15-minute products within a single day-ahead market coupling – 4 June 2025, or a date mutually agreed upon by the TSO and NEMO and announced on PSE’s website well in advance to provide market participants with adequate notice of the effective date.

The changes introduced in the Balancing Conditions implement the obligation outlined in Regulation (EU) 2019/943 of the European Parliament and of the Council of 5 June 2019^[1]. This regulation mandates that NEMOs ensure market participants can trade electricity in intervals at least as short as the imbalance settlement period in both the day-ahead and intraday markets.

The Balancing Conditions also govern the operation of the Balancing Market.