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SPOT ELECTRICITY MARKET

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Instruction Labeling Principles

  • Code “0” Instruction: The instructions given for the purpose of balancing supply and demand in real time.
  • Code “1” Instruction: These instructions are issued to prevent congestion in system
  • Each instruction can only have one label value and the corresponding label value is given for the most relevant reason.
  • While instrucions are issued the following are taken into consideration;
    • Transmission system constraints
    • Technical constraints for balancing entities within the context of balancing power market,
    • Criteria for supply security and supply quality
    • Differences between forecasted and actual demand
    • Ensuring operational safety and system integrity and minimizing the costs of balancing

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