# Regulation (EU) 2019/943 of the European Parliament and of the Council of 5 June 2019 on the internal market for electricity (recast) (Text with EEA relevance), Article 8: Trade on day-ahead and intraday markets

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

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4. By 1 January 2021, the imbalance settlement period shall be 15 minutes in all scheduling areas, unless the regulatory authority has granted a derogation or an exemption. Derogations may be granted only until 31 December 2024.
From 1 January 2025, the imbalance settlement period shall not exceed 30 minutes where an exemption has been granted by all the regulatory authorities within a synchronous area.

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Source: https://www.legislation.gov.uk/eur/2019/943/article/8 (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-943/article-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

