# Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing (Text with EEA relevance), Article 53: Imbalance settlement period

Extent: E+W+S+N.I.

1. By three years after the entry into force of this Regulation, all TSOs shall apply the imbalance settlement period of 15 minutes in all scheduling areas while ensuring that all boundaries of market time unit shall coincide with boundaries of the imbalance settlement period.
2. The TSOs of the GB synchronous area may jointly request an exemption from the requirement laid down in paragraph 1.
3. The regulatory authority may grant an exemption from the requirement laid down in paragraph 1—
(a) upon a request under paragraph 2; or
(b) on its own initiative.

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Source: https://www.legislation.gov.uk/eur/2017/2195/article/53 (the official version)
Page: https://openlegislation.uk/eu-regulation-2017-2195/article-53
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.