P194: Revised derivation of the main energy imbalance price

Correspondence and other

Publication date

Industry sector

  • Supply and Retail Market
  • Generation and Wholesale Market

amend the main energy imbalance price such that only a predefined volume of balancing actions will contribute to the calculation of a volume weighted imbalance price. Ofgem issued this decision letter on 23 March 2006, approving P194.