Borzen announces that the new Rules for the Operation of the Electricity Market, which will enter into force on 1 January 2023, have been published in the Official Gazette of the Republic of Slovenia 163/2022. Contact online >>
Borzen announces that the new Rules for the Operation of the Electricity Market, which will enter into force on 1 January 2023, have been published in the Official Gazette of the Republic of Slovenia 163/2022.
Are you looking for information on electricity law and regulation in Slovenia? This CMS Expert Guide provides you with everything you need to know.
The European Union Agency for the Cooperation of Energy Regulators (ACER) was established in March 2011 (Third Energy Package legislation) to foster cooperation among the EU''s energy National Regulatory Authorities (NRAs) and help ensure that a single Eu ropean market for electricity, and similarly natural gas, functions well.
The new Energy Act (the Official Gazette of the Republic of Slovenia, No 17/2014) entered into force on 22 March 2014. This act transposes a number of EU directives concerning electricity and gas markets, energy efficiency and renewable energy sources.
The electricity market is hierarchically organised into a Balance Scheme. Any legal or natural person who wants to actively operate in the Slovenian electricity market is required to become a member of the Balance Scheme.
The European Union Agency for the Cooperation of Energy Regulators (ACER) was established in March 2011 (Third Energy Package legislation) to foster cooperation among the EU''s energy National Regulatory Authorities (NRAs) and help ensure that a single European market for electricity, and similarly natural gas, functions well. ACER''s headquarters are in Ljubljana, Slovenia.
ACER is one of the EU decentralised agencies. Distinct from the EU institutions, agencies are set up as separate legal entities to perform specific technical and scientific tasks that help the EU institutions and Member States to implement policies and take decisions. EU agencies support the cooperation between the EU and national governments by pooling technical and specialist expertise. Besides working with a wide range of energy stakeholders, the EU institutions and policy makers, ACER works closely with other European agencies through the EU Agencies Network (EUAN). See the EUAN work programme 2023-2024.
Our overall purpose is achieving a transition of the European energy system in line with the political objectives set, reaping benefits of increased energy market integration across Europe, and securing low-carbon supply at least possible cost for European businesses and citizens.
Members of the Balance Scheme may operate in the electricity market in the following capacities:
The members of the Balance Scheme also include the combined transmission and distribution system operator, the energy exchange and the Eco Group (set up by Borzen's Centre for Support).
The membership and structure of the Balance Scheme are determined by the balancing agreements concluded with the Market Operator and compensation agreements concluded with the Balance Scheme members. The Market Operator, which is the head of the Balance Scheme, ensures the delivery of balancing energy to the Balance Groups through balancing agreements. The physical balancing of the electricity system is carried out by the combined transmission and distribution system operator ELES. The Market Operator manages the record of the Balance Scheme membership agreements, keeps them up-to-date and publishes them publically on its website.
There are two ways for market participants to join the Balance Scheme:
Membership in the Balance Scheme is a prerequisite for market participants to record closed contracts and operational forecasts with the Market Operator.
All legal or natural persons interested in setting up a Balance Group and becoming active members of the electricity markets are required to submit an application to acquire the status of the Balance Group Responsible Party, together with all the necessary evidence of eligibility.
The required supporting documents for meeting the eligibility conditions are the following:
The registration procedure and the conditions for entry into the Balance Scheme are set out in more detail in Chapter 3 of the Rules on the operation of the electricity market (Official Gazette of the Republic of Slovenia, No 163/22).
A Balance Group may start operating on the electricity market after signing a balancing agreement and after submitting the relevant financial guarantees and meeting all required conditions.
In order for a Balance Subgroup to be included in the Balance Scheme, the Balance Group Responsible Party, the Balance Subgroup Responsible Party or the person entering the Balancing Scheme is required to submit a request for the inclusion in the Balance Scheme.
A compensation agreement is an agreement concluded between a market participant that is included in the Balance Scheme and a legal or natural person that is included in the Balance Scheme as a new market participant by virtue of the said agreement.
The compensation agreement shall contain the elements set out in Article 22(4) of the Rules on the operation of the electricity market (Official Gazette of the Republic of Slovenia, No 163/22), namely:
Electricity Production Support
Green Investments Support
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