This new paper by ENTSO-E provides a simplified overview of the European balancing energy market target model and explains the main concepts and processes related to balancing energy markets and European platforms for the exchange of balancing energy products. In particular, it focuses on the interaction between the different balancing processes and briefly describes the legal framework of the European balancing energy target model.

The Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing (EBGL) lays down detailed rules for the integration of balancing energy markets in Europe, with the objectives of fostering effective competition, non-discrimination, transparency and integration in electricity balancing markets, and by doing so, enhancing the efficiency of the European balancing system as well as security of supply.

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