EU power balancing faces major changes

Three upcoming pieces of legislation will have significant effects on balancing trades for the UK, says energy expert

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Perhaps the European Market Infrastructure Regulation, the Regulation on Wholesale Energy Market Integrity and Transparency, and the Market Abuse Regulation are soaking up most of the limelight. Other impending regulations with a much narrower focus on intra-day forecasting, trading and risk management will also have significant – and positive – effects on the market.

Three pieces of new legislation in particular will cause major changes:

the European Guideline on Electricity Balancing 2017

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