For the physical settlement of electricity spot market trading so-called “balancing groups” are required. The physical delivery obligation of each balance group is fulfilled on the basis of "schedules" for delivery and consumption of electric energy. The term “schedule” is defined as a document that specifies which electrical power is fed in and withdrawn as a forecast at certain network points.
Balance groups represent the combination of suppliers and customers in a virtual group, within there is a balance between supply (reference schedules) and demand (delivery schedules). The energy exchange between balance groups in the control area cannot be assigned to real network points. In order to be able to evaluate the energy exchange between balance groups in the control area as a timetable within the meaning of the law, it is necessary to view the entry or withdrawal point as virtual network points.
CCP.A is responsible for the creation and transmission of internal and external schedules to the balance group coordinator (BKO) or transmission system operator (TSO).
The process of creating and reporting schedules is initiated once an auction finalised. The schedules are automatically generated and sent to the respective BKO or TSOs and for information to the balance group responsibles who traded in the respective auction.