Actors and Stakeholders
Balancing responsible party
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A Balancing Responsible Party (BRP) is an actor (such as an energy supplier, generator, or trader) in EU's energy systems that takes on the responsibility of balancing electricity supply.
Why this matters
Shared definitions
A balancing responsible party (BRP) is an organisational unit within the EU energy system that handles balancing responsibility for production and consumption units and for electricity trades. The role gives access to the day-ahead market, the intraday market, and the balancing market, allowing a BRP to operate in both the electricity market and the balancing market. A BRP is financially responsible for imbalances and deviations between planned and actual production, consumption, and trade of power. By agreement with the transmission system operator, a BRP may also deliver ancillary services if technical and legal requirements are met.1)