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Monthly Balance Report August 2013

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(1)

Monthly Balance Report

August 2013

(2)

BRPs' imbalances

How well have the BRPs traded into balance last report period?

BRP imbalances, reserves and balancing power

How did we manage the imbalances?

Norwegian prices

How did the prices develop during the last report period?

(3)

A balance responsible party (BRP) will

according to his physical obligations and rights have to

achieve a planned balance latest when Elspot closes for bids (to trade into balance).

Through bilateral trades and Elbas the BRP can until the trading deadline restore his balance

if prognosis errors are discovered.

System responsible and balance settlement cooperate when analyzing the BRPs' imbalances.

The following is carefully monitored:

How well do the BRPs trade into balance?

(not to large hourly absolute imbalances and appropriate relative imbalances, monthly net imbalance

should be near zero and thus not show a skewed distribution of positive and negative imbalances)

whether BRPs use trades after Elspot to restore their balance or not

As a result of the analysis the imbalances are diversified by generation and consumption

imbalance and the BRPs are classified into three categories – red, yellow and green.

Balance Responsible Party Imbalances

trading into balance

BRPs in this category might be

breaching the balance

agreement. The BRP is urged to

improve his balance.

A continued classification into

this category can result in

exclusion from the wholesale

market.

BRPs in this category are not

balancing as well as they could.

Although they during the

reporting period are not

breaching the balance

agreement a continued

classification or worsening

imbalance in future periods can

justify a classification as

In the

long run not acceptable

.

BRPs in this category are

achieving a good balance.

Although the balance is

classified as acceptable the BRP

still can reduce imbalance costs

by improving his balance.

(4)

Balance Responsible Party Imbalances

criteria for classification as red, yellow or green

(only BRPs > 1800 MWh/month abs imb)

In the long run not acceptable

(does not apply for BRPs < 1800

MWh/month absolute imbalance)

In the short run acceptable

Acceptable

Consumption Imbalance

more than 10% relative

imbalance and more than 2

times difference between

negative and positive

imbalances

more than 12,5% relative

imbalance

more than 2,5 times

difference between negative

and positive imbalances

Production Imbalance

more than 5% relative

imbalance and more than 2

times difference between

negative and positive

imbalances

more than 6% relative

imbalance

more than 2,5 times

difference between negative

and positive imbalances

Consumption Imbalance

neither red or green

Production Imbalance

neither red or green

Consumption Imbalance

less than 6% relative

imbalance and less than

1800 MWh absolute

monthly imbalance

less than 6% relative

imbalance and less than 1,5

times difference between

negative and positive

imbalances

Production Imbalance

less than 2,5% relative

imbalance and less than

1800 MWh absolute

monthly imbalance

less than 2,5% relative

imbalance and less than 1,5

times difference between

negative and positive

imbalances

(5)

AGA AS NO1 NO2 NO3

Agder Energi Vannkraft AS NO3 NO4 NO5 NO2 NO3 NO5 NO2 NO4

Akershus Energi Vannkraft AS NO1 NO2 NO3 NO2 NO1

Aktieselskabet Saudefaldene NO2 NO2

Alpiq Norway AS (Tillegg) NO1 NO2 NO3 NO4 NO5

AVINOR AS NO1 NO2 NO3 NO4 NO5

AXPO Nordic AS NO2 NO1 NO3 NO4 NO5 NO2 NO3 NO5

Bane Energi NO1 NO2 NO3 NO4 NO5 NO1

Bergen Energi Spot AS NO1 NO2 NO3 NO4 NO5 NO1 NO3 NO4 NO2

BKK Produksjon AS NO5 NO5

Boliden Odda AS NO2

Coop Norge SA NO1 NO2 NO3 NO4 NO5

Dalane Energi IKS NO2 NO2

EB Handel AS NO2 NO3 NO5NO1 NO1

EB Kraftproduksjon AS NO1 NO1

E-CO Energi AS NO2 NO1 NO3 NO1

Eidefoss A/S NO5 NO3 NO3

Eidsdal Kraft AS NO3 NO3

Eidsiva Marked AS NO1 NO2 NO3 NO4 NO5 NO1

Eidsiva Vannkraft AS NO1 NO3 NO1 NO3

Eiendomsspar Energi AS NO2 NO1

Elkem Power AS NO3 NO4 NO5 NO2

Elkraft AS NO1 NO2 NO3 NO4 NO5

Energi Danmark

Energi Salg Norge AS NO3 NO2 NO4 NO5NO1

Fellesdata AS NO2 NO3 NO4 NO1 NO5

Fjord Energi AS NO3 NO5 NO5

Flesberg Elektrisitetsverk AS NO1

For Better Days NO1 NO2 NO3 NO4 NO5

Fortum Markets AS NO1 NO2 NO3 NO4 NO5

GDF SUEZ E & P Norge AS NO5

Gudbrandsdal Energi AS NO1 NO3 NO2 NO4 NO5 NO1

Hafslund Hedging AS NO3 NO2 NO4 NO5NO1 NO2 NO1

Haugaland Kraft AS NO1 NO2 NO3 NO5 NO2

Haugesund Kommune NO2

Heidelbergcement Norway AS NO1 NO2 NO3 NO4 NO5

Helgelandskraft AS NO1 NO2 NO3 NO4 NO5

HelgelandsKraft AS Produksjon NO4 NO4

Helse Sør-Øst RHF NO3 NO1 NO2

Hemsedal Energi (Balanseansvarlig) NO1

Generation Imbalance

In the long run

not acceptable

In the short run

acceptable Acceptable

Consumption Imbalance

In the long run not acceptable

In the short run

acceptable Acceptable

(6)

Hjelmeland kommune NO2

Hålogaland Kraft AS Marked NO4 NO4

Ishavskraft AS NO4 NO5 NO1 NO2 NO3 NO4

Istad Kraft AS NO3 NO4 NO5 NO1 NO2

JotunKraft A/S NO1 NO2 NO5 NO1

Klæbu Kommune

Kongsberg Energiselskap AS NO2 NO1

Kongsvinger Kommune NO1

Konsesjonskraftfondet for Aust-Agder IKS NO2

Kraftinor AS NO1 NO2 NO3 NO4 NO5

Kraftverkene i Orkla NO3 NO1 NO3

Kragerø Kraft AS (Balanseansvarlig) NO2

Kymppivoima Hankinta Oy

Lantmännen Unibake Norway AS NO1

Lier Everk AS NO1 NO2 NO3 NO4 NO5

Lindex AS NO1 NO2 NO3 NO4 NO5

Lofotkraft Produksjon AS NO4 NO4

LOS AS NO1 NO3 NO2 NO4 NO5 NO2

Lunds Energi Norge AS

Luster Energiverk AS NO1 NO2 NO3 NO4 NO5 NO5

Lyse Energisalg AS NO1 NO2 NO3 NO4 NO5 NO2

Lyse Produksjon AS NO2 NO2

Lærdal Energi AS NO1 NO2 NO3 NO4 NO5

Markedskraft AS NO1 NO2 NO3 NO4 NO5 NO2 NO3

Max Kraft AS NO1 NO2 NO3 NO4 NO5

Mesta Konsern AS NO1 NO2 NO3 NO4 NO5

Midt Kraft Buskerud AS NO2 NO3 NO4 NO5 NO1 NO1

Midt-Telemark Energi AS NO1 NO2 NO2

Mo Industripark AS NO4 NO4

Morgan Stanley Capital Group Inc.

Møre og Romsdal Fylkeskommune NO3

Nammo Raufoss AS NO1

Nesset Kraft AS NO3 NO3

NOBLE CLEAN FUELS LTD NO4 NO3 NO5 NO1 NO2 NO4

Nordkraft Produksjon AS NO4 NO4

Nordmøre Energiverk AS NO2 NO3 NO1 NO4 NO5 NO1 NO2 NO3

Nord-Østerdal Kraftlag Marked NO1 NO2 NO3 NO5

Norsk Hydro Produksjon AS NO2 NO5 NO1 NO3 NO4 NO4 NO5 NO2

Norway Pelagic AS NO2 NO3 NO4 NO5

Consumption Imbalance

Generation Imbalance

In the long run

not acceptable

In the short run

acceptable Acceptable

In the long run not acceptable

In the short run

acceptable Acceptable

August 2013: Norwegian BRPs' Imbalances

(7)

Notodden Energi Kraft AS NO2

NTE Energi AS NO3 NO4 NO3 NO4

NTE Marked AS NO1 NO2 NO3 NO4 NO5

Oppegård kommune NO1

Oppland Energi AS NO1 NO3 NO5 NO1

Oslo Lufthavn AS NO1

Pasvik Kraft AS NO4 NO4

Posten Norge AS NO5NO1 NO2 NO3 NO4

RAO Nordic Oy NO4

Rapid Power AS

Rauma Energi Kraft AS NO1 NO2 NO3 NO4 NO5 NO3

REC Wafer Norway AS NO2 NO4

Reitan Convenience AS NO5NO1 NO2 NO3 NO4

Ringeriks-Kraft Produksjon AS NO1 NO2 NO4 NO5 NO3 NO1 NO2

Ringsaker Kommune NO1

Rogaland Fylkeskommune NO2

Røros Elektrisitetsverk Kraft NO1 NO2 NO3 NO4 NO5 NO1

Scandem Norge NO1 NO2 NO3 NO4 NO5

Scandic Hotels AS NO1 NO2 NO3 NO4 NO5

Schibsted ASA NO1 NO2

Selbu Energiverk NO3 NO3

SFE PRODUKSJON AS NO3 NO2 NO4 NO5NO1 NO3 NO5

Shell Energy NO2 NO1 NO3 NO4 NO5

Sira-Kvina Kraftselskap Produksjon NO2 NO2

Skagerak Kraft AS NO1 NO3 NO4 NO2 NO2 NO3 NO1

SKL Produksjon As NO2 NO2

SKS Kraftsalg AS NO4 NO1 NO2 NO3 NO5 NO4

SKS Produksjon AS NO4 NO4

Sogn og Fjordane fylkeskommune NO1 NO5

Sognekraft A/S NO5 NO2 NO3 NO1 NO5

Sparebank 1 Gruppen AS NO1

Stange Energi AS NO1 NO2 NO3 NO4 NO5

Statens Vegvesen NO2 NO4 NO5NO1 NO3

Statkraft Energi AS NO2 NO3 NO4 NO1 NO5 NO3 NO1 NO2 NO4 NO5

Statoil ASA NO3 NO5 NO1 NO2 NO4 NO1 NO3 NO5 NO4

Stord Kommune NO2

Stranda Energiverk AS Kraft NO3 NO1 NO2 NO4 NO5 NO3 NO5

Stryn Energi AS, Kraft NO1 NO3 NO5

Studentsamskipnaden i Oslo NO1

Sunndal Energi KF NO1 NO2 NO3 NO5 In the long run

not acceptable

In the short run

acceptable Acceptable

In the long run not acceptable

In the short run

acceptable Acceptable

Consumption Imbalance

Generation Imbalance

(8)

Sunnfjord Energi AS NO1 NO4 NO5 NO5

Tafjord Kraftproduksjon AS NO3 NO5NO1 NO2 NO4 NO3

Telenor Eiendom Holding As NO1 NO2 NO3 NO4 NO5

Telinet Energi AS NO1 NO2 NO3 NO4 NO5

Time kommune

Tinfos AS NO1 NO2 NO4 NO5 NO2

TIZIR TITANIUM & IRON AS NO2

Troms Kraft Handel AS NO4 NO4

Trønderenergi Kraft AS NO1 NO2 NO3 NO4 NO5 NO3

TrønderEnergi Marked AS - Kraft NO3 NO1 NO2 NO4 NO5

Tussa Energi AS NO3 NO4 NO5 NO1 NO2 NO3 NO5

Tussa-24 AS NO3 NO1 NO2 NO4 NO5

Uste Nes AS Produksjon NO2 NO1

Ustekveikja Energi AS NO1 NO2 NO3 NO4 NO5 NO1 NO2 NO3

Uvdal Kraftforsyning SA NO1

Varner Retail AS NO2 NO3 NO4 NO5 NO1

Vattenfall AB Filial Norge NO1 NO2 NO5

Østfold Energi AS NO1 NO4 NO5 NO4 NO5 NO1

Consumption Imbalance

Generation Imbalance

Acceptable In the long run

not acceptable

In the short run

acceptable Acceptable

In the long run not acceptable

In the short run acceptable

August 2013: Norwegian BRPs' Imbalances

(9)

The diagram shows as blue area the overestimated BRP-consumption

and as red area the underestimated BRP-consumption.

(Wrongly reported bilateral trades can disturb the figures)

Consumption Imbalance Norway

8 000

8 500

9 000

9 500

10 000

10 500

11 000

11 500

12 000

12 500

13 000

0

1

.0

8

.2

0

1

3

0

1

.0

8

.2

0

1

3

0

2

.0

8

.2

0

1

3

0

3

.0

8

.2

0

1

3

0

4

.0

8

.2

0

1

3

0

4

.0

8

.2

0

1

3

0

5

.0

8

.2

0

1

3

0

6

.0

8

.2

0

1

3

0

7

.0

8

.2

0

1

3

0

7

.0

8

.2

0

1

3

0

8

.0

8

.2

0

1

3

0

9

.0

8

.2

0

1

3

1

0

.0

8

.2

0

1

3

1

0

.0

8

.2

0

1

3

1

1

.0

8

.2

0

1

3

1

2

.0

8

.2

0

1

3

1

3

.0

8

.2

0

1

3

1

3

.0

8

.2

0

1

3

1

4

.0

8

.2

0

1

3

1

5

.0

8

.2

0

1

3

1

6

.0

8

.2

0

1

3

1

6

.0

8

.2

0

1

3

1

7

.0

8

.2

0

1

3

1

8

.0

8

.2

0

1

3

1

9

.0

8

.2

0

1

3

1

9

.0

8

.2

0

1

3

2

0

.0

8

.2

0

1

3

2

1

.0

8

.2

0

1

3

2

2

.0

8

.2

0

1

3

2

2

.0

8

.2

0

1

3

2

3

.0

8

.2

0

1

3

2

4

.0

8

.2

0

1

3

2

5

.0

8

.2

0

1

3

2

5

.0

8

.2

0

1

3

2

6

.0

8

.2

0

1

3

2

7

.0

8

.2

0

1

3

2

8

.0

8

.2

0

1

3

2

8

.0

8

.2

0

1

3

2

9

.0

8

.2

0

1

3

3

0

.0

8

.2

0

1

3

3

1

.0

8

.2

0

1

3

3

1

.0

8

.2

0

1

3

M

W

h

/

h

(10)

Norwegian BRPs

Accumulated imbalances for the NO-area

-0,05

-0,03

-0,01

0,01

0,03

0,05

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

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ju

l

a

u

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se

p

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ct

n

o

v

d

e

c

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

2012

2013

im

b

a

la

n

c

e

p

e

r

c

o

n

s

u

m

p

ti

o

n

Monthly Imbalances BRPs Norway

(relative to consumption)

PositiveConsumptionImbalance

NegativeConsumptionImbalance

PositiveProductionImbalance

NegativeProductionImbalance

generated less

or consumed

more than

planned

generated

more or

consumed less

than planned

The BRP-imbalance is diversified into generation and consumption.

Consumption includes all imbalances settled as consumption imbalance except for

the main transmission grid's losses.

(11)

Share of up- and down regulation hours

0 %

10 %

20 %

30 %

40 %

50 %

60 %

70 %

80 %

90 %

100 %

NO1

NO2

NO3

NO4

NO5

up

none

down

August 2013

(12)

Imbalance Costs

BRPs will have the same cost if their hourly imbalances are opposite to the

main direction of regulation.

5 000 10 000 15 000 20 000 25 000 30 000 35 000 0 1 .0 8 .2 0 1 3 0 2 .0 8 .2 0 1 3 0 3 .0 8 .2 0 1 3 0 4 .0 8 .2 0 1 3 0 5 .0 8 .2 0 1 3 0 6 .0 8 .2 0 1 3 0 7 .0 8 .2 0 1 3 0 8 .0 8 .2 0 1 3 0 9 .0 8 .2 0 1 3 1 0 .0 8 .2 0 1 3 1 1 .0 8 .2 0 1 3 1 2 .0 8 .2 0 1 3 1 3 .0 8 .2 0 1 3 1 4 .0 8 .2 0 1 3 1 5 .0 8 .2 0 1 3 1 6 .0 8 .2 0 1 3 1 7 .0 8 .2 0 1 3 1 8 .0 8 .2 0 1 3 1 9 .0 8 .2 0 1 3 2 0 .0 8 .2 0 1 3 2 1 .0 8 .2 0 1 3 2 2 .0 8 .2 0 1 3 2 3 .0 8 .2 0 1 3 2 4 .0 8 .2 0 1 3 2 6 .0 8 .2 0 1 3 2 7 .0 8 .2 0 1 3 2 8 .0 8 .2 0 1 3 2 9 .0 8 .2 0 1 3 3 0 .0 8 .2 0 1 3 3 1 .0 8 .2 0 1 3 N O K /m on th

cost for imbalance NO1

cost for imbalance NO2

cost for imbalance NO3

cost for imbalance NO4

cost for imbalance NO5

NO1

28

NOK/MWh

NO2

28

NOK/MWh

NO3

43

NOK/MWh

NO4

43

NOK/MWh

NO5

27

NOK/MWh

average cost

(13)

Content

BRPs' imbalances

How well have the BRPs traded into balance last report period?

BRP imbalances, reserves and balancing power

How did we manage the imbalances?

Norwegian prices

(14)

Balancing with Norwegian Reserves

The diagram shows the net activated energy from all available reserves in Norway, i.e. primary-,

secondary- and tertiary-regulation, special regulation and adjusted generation schedules.

Minus means that Norway used less water than planned, plus means that Norway used

more water.

-300 000

-200 000

-100 000

0

100 000

200 000

300 000

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

2012

2013

M

W

h

/m

o

n

th

Net Balancing Power Norway

used more water

than planned

used less water

than planned

(15)

Imbalances and the

joint Nordic Balancing

An important "imbalance" is referring to the planned exchange with SE/DK/FI/NL. Basically an

imbalance between planned and metered exchange is the result of exchange of reserves. Failures on

the interconnectors are included in these volumes.

Negative values indicate that Norway exported less or imported more than planned, positive that

Norway exported more or imported less than planned.

-300 000

-200 000

-100 000

0

100 000

200 000

300 000

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

2012

2013

M

W

h

/

m

o

n

th

Deviation between planned and metered

exchange between NO and SE/FI/DK/NL

regulated up for

neighbors

regulated down

for neighbors

(16)

bought more than needed

bought more or generated

more than needed

bought less than needed

bought less or generated

less than needed

Both BRP's imbalances and the exchange of reserves influence the flow in the grid and thus create an

imbalance between Statnett's purchased and metered grid loss.

-200 000

-150 000

-100 000

-50 000

0

50 000

100 000

150 000

200 000

ja

n

fe

b

m

a

r

a

p

r

m

a

y

ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

ja

n

fe

b

m

a

r

a

p

r

m

a

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ju

n

ju

l

a

u

g

se

p

o

ct

n

o

v

d

e

c

2012

2013

M

W

h

/

m

o

n

th

Norwegian net monthly imbalance

BRPs net.imb.

Imbalance Grid Loss Statnett

Norwegian imbalances

(17)

Norwegian Balance Power

Activated reserves in the NO-area

The during the report period activated reserves in Norway are shown above. Primary and secondary

reserves are activated automatically when the frequency needs to be stabilized. Tertiary reserves are

activated manually and in merit order when restoring the frequency. Special regulation also uses

tertiary reserves, but not in a merit order.

Other regulation is mainly the adjustment of generation schedules.

-150 000

-50 000

50 000

150 000

P

ri

m

a

ry

R

e

se

rv

e

s

Te

rt

ia

ry

Re

se

rv

e

s

S

p

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a

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R

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n

O

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e

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Re

g

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To

ta

l

B

a

la

n

ce

P

o

w

e

r

N

e

t

B

a

la

n

ce

P

o

w

e

r

M

W

h

Activated Reserves NO (august 2013)

(18)

-50 000

-40 000

-30 000

-20 000

-10 000

0

10 000

20 000

30 000

40 000

50 000

ja

n

u

a

ry

fe

b

ru

a

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m

a

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ce

m

b

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r

2011

2012

2013

M

W

h

p

e

r

m

o

n

th

down-regulation

Primary Reserves

(FFR/FNR)

Historical activation

(19)

-50 000

-40 000

-30 000

-20 000

-10 000

0

10 000

20 000

30 000

40 000

50 000

a

u

g

u

st

se

p

te

m

b

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r

2013

M

W

h

p

e

r

m

o

n

th

down-regulation

Secondary Reserves

(LFC)

Historical activation

(20)

-200 000

-150 000

-100 000

-50 000

0

50 000

100 000

150 000

200 000

ja

n

u

a

ry

fe

b

ru

a

ry

m

a

rc

h

a

p

ri

l

m

a

y

ju

n

e

ju

ly

a

u

g

u

st

se

p

te

m

b

e

r

o

ct

o

b

e

r

n

o

ve

m

b

e

r

d

e

ce

m

b

e

r

ja

n

u

a

ry

fe

b

ru

a

ry

m

a

rc

h

a

p

ri

l

m

a

y

ju

n

e

ju

ly

a

u

g

u

st

se

p

te

m

b

e

r

o

ct

o

b

e

r

n

o

ve

m

b

e

r

d

e

ce

m

b

e

r

ja

n

u

a

ry

fe

b

ru

a

ry

m

a

rc

h

a

p

ri

l

m

a

y

ju

n

e

ju

ly

a

u

g

u

st

se

p

te

m

b

e

r

o

ct

o

b

e

r

n

o

ve

m

b

e

r

d

e

ce

m

b

e

r

2011

2012

2013

M

W

h

p

e

r

m

o

n

th

down-regulation

up-regulation

Tertiary Reserves

(RK - ordinary balancing)

(21)

-200 000

-150 000

-100 000

-50 000

0

50 000

100 000

150 000

200 000

ja

n

u

a

ry

fe

b

ru

a

ry

m

a

rc

h

a

p

ri

l

m

a

y

ju

n

e

ju

ly

a

u

g

u

st

se

p

te

m

b

e

r

o

ct

o

b

e

r

n

o

ve

m

b

e

r

d

e

ce

m

b

e

r

ja

n

u

a

ry

fe

b

ru

a

ry

m

a

rc

h

a

p

ri

l

m

a

y

ju

n

e

ju

ly

a

u

g

u

st

se

p

te

m

b

e

r

o

ct

o

b

e

r

n

o

ve

m

b

e

r

d

e

ce

m

b

e

r

ja

n

u

a

ry

fe

b

ru

a

ry

m

a

rc

h

a

p

ri

l

m

a

y

ju

n

e

ju

ly

a

u

g

u

st

se

p

te

m

b

e

r

o

ct

o

b

e

r

n

o

ve

m

b

e

r

d

e

ce

m

b

e

r

2011

2012

2013

M

W

h

p

e

r

m

o

n

th

down-regulation

up-regulation

Tertiary Reserves

(RK - special balancing)

(22)

Content

BRPs' imbalances

How well have the BRPs traded into balance last report period?

BRP imbalances, reserves and balancing power

How did we manage the imbalances?

Norwegian prices

(23)

The colored area indicates the price spread between

the lowest and highest price area

Norwegian Prices

0

50

100

150

200

250

300

350

400

450

0

1

.0

8

.2

0

1

3

0

2

.0

8

.2

0

1

3

0

3

.0

8

.2

0

1

3

0

4

.0

8

.2

0

1

3

0

5

.0

8

.2

0

1

3

0

6

.0

8

.2

0

1

3

0

7

.0

8

.2

0

1

3

0

8

.0

8

.2

0

1

3

0

9

.0

8

.2

0

1

3

1

0

.0

8

.2

0

1

3

1

1

.0

8

.2

0

1

3

1

2

.0

8

.2

0

1

3

1

3

.0

8

.2

0

1

3

1

4

.0

8

.2

0

1

3

1

5

.0

8

.2

0

1

3

1

6

.0

8

.2

0

1

3

1

7

.0

8

.2

0

1

3

1

8

.0

8

.2

0

1

3

1

9

.0

8

.2

0

1

3

2

0

.0

8

.2

0

1

3

2

1

.0

8

.2

0

1

3

2

2

.0

8

.2

0

1

3

2

3

.0

8

.2

0

1

3

2

4

.0

8

.2

0

1

3

2

5

.0

8

.2

0

1

3

2

6

.0

8

.2

0

1

3

2

7

.0

8

.2

0

1

3

2

8

.0

8

.2

0

1

3

2

9

.0

8

.2

0

1

3

3

0

.0

8

.2

0

1

3

3

1

.0

8

.2

0

1

3

N

OK

/

M

W

h

Norwegian Spot Prices

0

200

400

600

800

1000

1200

1400

1600

1800

N

OK

/

M

W

h

(24)

Norwegian Prices

(NOK/MWh)

0 50 100 150 200 250 300 350 400

450 balancing power price NO1 Elspot area price NO1 0 50 100 150 200 250 300 350 400

450 balancing power price NO2 Elspot area price NO2 0 50 100 150 200 250 300 350 400 450 0 1 .0 8 .2 0 1 3 0 2 .0 8 .2 0 1 3 0 3 .0 8 .2 0 1 3 0 4 .0 8 .2 0 1 3 0 5 .0 8 .2 0 1 3 0 6 .0 8 .2 0 1 3 0 7 .0 8 .2 0 1 3 0 8 .0 8 .2 0 1 3 0 9 .0 8 .2 0 1 3 1 0 .0 8 .2 0 1 3 1 1 .0 8 .2 0 1 3 1 2 .0 8 .2 0 1 3 1 3 .0 8 .2 0 1 3 1 4 .0 8 .2 0 1 3 1 5 .0 8 .2 0 1 3 1 6 .0 8 .2 0 1 3 1 7 .0 8 .2 0 1 3 1 8 .0 8 .2 0 1 3 1 9 .0 8 .2 0 1 3 2 0 .0 8 .2 0 1 3 2 1 .0 8 .2 0 1 3 2 2 .0 8 .2 0 1 3 2 3 .0 8 .2 0 1 3 2 4 .0 8 .2 0 1 3 2 6 .0 8 .2 0 1 3 2 7 .0 8 .2 0 1 3 2 8 .0 8 .2 0 1 3 2 9 .0 8 .2 0 1 3 3 0 .0 8 .2 0 1 3 3 1 .0 8 .2 0 1 3

(25)

0 50 100 150 200 250 300 350 400 450 0 1 .0 8 .2 0 1 3 0 2 .0 8 .2 0 1 3 0 3 .0 8 .2 0 1 3 0 4 .0 8 .2 0 1 3 0 5 .0 8 .2 0 1 3 0 6 .0 8 .2 0 1 3 0 7 .0 8 .2 0 1 3 0 8 .0 8 .2 0 1 3 0 9 .0 8 .2 0 1 3 1 0 .0 8 .2 0 1 3 1 1 .0 8 .2 0 1 3 1 2 .0 8 .2 0 1 3 1 3 .0 8 .2 0 1 3 1 4 .0 8 .2 0 1 3 1 5 .0 8 .2 0 1 3 1 6 .0 8 .2 0 1 3 1 7 .0 8 .2 0 1 3 1 8 .0 8 .2 0 1 3 1 9 .0 8 .2 0 1 3 2 0 .0 8 .2 0 1 3 2 1 .0 8 .2 0 1 3 2 2 .0 8 .2 0 1 3 2 3 .0 8 .2 0 1 3 2 4 .0 8 .2 0 1 3 2 6 .0 8 .2 0 1 3 2 7 .0 8 .2 0 1 3 2 8 .0 8 .2 0 1 3 2 9 .0 8 .2 0 1 3 3 0 .0 8 .2 0 1 3 3 1 .0 8 .2 0 1 3

balancing power price NO5 Elspot area price NO5 0 200 400 600 800 1000 1200 1400 1600

1800 balancing power price NO4 Elspot area price NO4

Norwegian Prices

(NOK/MWh)

(26)

Imbalance prices versus spot price

(NOK/MWh)

average spotprice

average price for generation balance deficit

average price for generation balance surplus

average price for consumers' imbalance

0

50

100

150

200

250

300

350

NO1

NO2

NO3

NO4

NO5

(27)

END

References

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