{
  "url": "https://openlegislation.uk/eu-regulation-2017-2195/article-54",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-2195/article-54.json",
  "legislation": "eur/2017/2195",
  "legislation_title": "Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-2195",
  "path": "article/54",
  "kind": "article",
  "number": "54",
  "heading": "Imbalance calculation",
  "text": "1. Each TSO shall calculate within its scheduling area or scheduling areas when appropriate the final position, the allocated volume, the imbalance adjustment and the imbalance:\n(a) for each balance responsible party;\n(b) for each imbalance settlement period;\n(c) in each imbalance area.\n2. The imbalance area shall be equal to the scheduling area ....\n3. Until the implementation of the proposal pursuant to Article 52(2), each TSO shall calculate the final position of a balance responsible party using one of the following approaches:\n(a) balance responsible party has one single final position equal to the sum of its external commercial trade schedules and internal commercial trade schedules;\n(b) balance responsible party has two final positions: the first is equal to the sum of its external commercial trade schedules and internal commercial trade schedules from generation, and the second is equal to the sum of its external commercial trade schedules and internal commercial trade schedules from consumption;\n(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n4. Each TSO shall set up the rules for:\n(a) the calculation of the final position;\n(b) the determination of the allocated volume;\n(c) the determination of the imbalance adjustment pursuant to Article 49;\n(d) the calculation of the imbalance;\n(e) claiming the recalculation of the imbalance by a balance responsible party.\n5. Allocated volume shall not be calculated for a balance responsible party which does not cover injections or withdrawals.\n6. An imbalance shall indicate the size and the direction of the settlement transaction between the balance responsible party and the TSO; an imbalance can have alternatively:\n(a) a negative sign, indicating a balance responsible party's shortage;\n(b) a positive sign, indicating a balance responsible party's surplus.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Art. 54(2) omitted (31.12.2020) by virtue of The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 34(2); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Art. 54(3)(c) omitted (31.12.2020) by virtue of The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 34(3); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/2195/article/54",
    "retrieved_at": "2026-11-01T14:44:25.262600+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}