The intra-day balancing actions of GTS on the within day market will also help support the market by setting the balancing charges
for all shippers.
Here we assume the diffusion of balancing charges
has a Gaussian-like structure:
The Muller Wiseman Formula Price follows the same approach and unlike prices offered by competitors, it is not then eroded by deductions like member contributions, capital levies, balancing charges
or haulage charges."
These cover the services offered by transmission system operators, capacity allocation and congestion management, transparency requirements, tariff structures, including balancing charges
* Of extra or hidden charges such as balancing charges
, nomination chargers, service feeds, and onerous late payment charges.
The function of "responsable d'equilibre" was introduced in September to help consumers and producers balance their position on the electricity grid as a group rather than separate companies and to reduce balancing charges
. The contract was prepared by Transmission system operator RTE (Reseau de Transport de l'Electricite) following a request by CRE on 6 September.