The Balancing Mechanism operates continuously in real time after Gate Closure.
Time Structure
- Settlement Period (SP): 30 minutes
- Dispatch instructions: ~1-minute resolution
- Pricing granularity: 5-minute imbalance pricing blocks
Decision Factors
NESO accepts actions based on:
- System imbalance
- Network constraints
- Cost
- Reserve requirements
Typical Dispatch Actions
- Increasing generator output
- Reducing generator output
- Adjusting demand (up or down)