ELECTRICITY MARKET

A

DAM Settlement Process

  • Settlement of day-ahead market are on a daily basis and balancing activities are on portfolio basis.
  • Settlement of the trade in the Day-Ahead Market is carried out in accordance with the Electricity Market Balancing and Settlement Regulation Article 93, Article 94, Article 95, Article 96.

Side Payment

  • It is the amount received from Day-Ahead Market participants in order to finance the difference between daily system purchase amount and system sales amount due to rounding, block and flexible offers within the scope of day ahead market.
  • Calculation and distribution of the side payment is made on an advance period basis.
  • Differences caused by Flexible and Block offers;

In case of a side payment in the direction of purchase, it is distributed to the sales participants in proportion to the transaction volumes.

In case of a side payment in the sales direction, it is distributed to the buyers in proportion to their transaction volumes.

  • The side payment in rounding is distributed to the participants participating in the Day-Ahead Market in proportion to the transaction volumes they have made.
  • Transactions regarding the side payment are carried out in accordance with the Difference Amount Procedure.
  • The Side Payment Procedure regarding the Side Payment has been prepared based on the subparagraph (e) of the fourth paragraph of the 11th article and the Provisional 33th article of the Electricity Market Balancing and Settlement Regulation.

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