There is no uniform rule for setting the imbalance price in Europe, but commonly it is based on the costs in the regulating market. In addition to a single imbalance price, a dual price system with different prices for positive and negative imbalance scan used, and a distinction between consumers and producers can also be applied.
The imbalance volume is the sum of the deviation of all balancing responsible parties in the time interval.
The German imbalance price is published delayed on the 20th working day after the accounting month. We therefore calculate an estimate based on regulation cost and imbalance volumes at the end of each quarter of an hour.