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topics:balance_responsible_party [2026/03/14 12:34] – removed - external edit (Unknown date) 127.0.0.1topics:balance_responsible_party [2026/03/14 12:34] (current) – ↷ Page moved from balance_responsible_party to topics:balance_responsible_party admin
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 +====== Balance-Responsible Party in EU (BRP) ======
  
 +"A balance-responsible party, or BRP for short, is a company that can and may handle the balance responsibility for production and consumption units and/or trades actual electricity. Because this role gives access to the day-ahead market, the intraday market, and the balancing market, a BRP can be active in both the electricity market and the balancing market.
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 +Last, but not least, the balance-responsible party is financially responsible for imbalances and deviations between planned and actual production, consumption, and trade of power.
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 +A balance-responsible party can also, by agreement with [the Transmission System Operator], deliver ancillary services, if technical and legal requirements are met." 
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 +[Source: https://en.energinet.dk/electricity/new-player/become-a-balance-responsible-party/#:~:text=A%20balance%2Dresponsible%20party%2C%20or,and%2For%20trades%20actual%20electricity. Accessed 08.09.2023]