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Published: 11/23/2017. Updated:

Public consultation on Standard balancing electricity purchase-sell agreement


National Commission for Energy Control and Prices (hereinafter – NCC) in order to ensure unfirom and non-discrimonatory conditions for electricity balancing market and necessity to have harmonizee electricity balancing principles in Baltic States, also taking into account Electricity Law amendments as of 1st of November, 2017, launches public consultation on Standard Balancing Electricity Purchase-Sell Agreement prepared by transmission system operator LITGRID AB.

Common balancing market of Baltic States will start operating from January 2018.

Comments and opinions could be provided until November 27, 2017 (link to public consultation could be found here (in Lithuanian only)).