Intended exchanges of energy
Article 50
1. By one year after the entry into force of this Regulation, all TSOs shall develop a proposal for common settlement rules applicable to all intended exchanges of energy as a result of one or more of the following processes pursuant to Articles 146, 147 and 148 of Regulation (EU) 2017/1485, for each of the following: (a) the reserve replacement process; (b) the frequency restoration process with manual activation; (c) the frequency restoration process with automatic activation; (d) the imbalance netting process. 2. Each TSO-TSO settlement function shall perform the settlement in accordance with the settlement rules pursuant to paragraph 1. 3. By eighteen months after the entry into force of this Regulation, all TSOs intentionally exchanging energy within a synchronous area shall develop a proposal for common settlement rules applicable to intended exchanges of energy, as a result of one or both: (a) the frequency containment process pursuant to Article 142 of Regulation (EU) 2017/1485; (b) the ramping period pursuant to Article 136 of Regulation (EU) 2017/1485. 4. By eighteen months after the entry into force of this Regulation, all asynchronously connected TSOs intentionally exchanging energy between synchronous areas shall develop a proposal for common settlement rules applicable to intended exchanges of energy, as a result of one or both: (a) frequency containment process for active power output on synchronous area level pursuant to Articles 172 and 173 of Regulation (EU) 2017/1485; (b) ramping restrictions for active power output on synchronous area level pursuant to Article 137 of Regulation (EU) 2017/1485. 5. The common settlement rules in accordance with paragraph 1 shall at least contain the provisions that the intended exchange of energy is calculated on the basis of the following criteria: (a) over periods agreed among relevant TSOs; (b) per direction; (c) as the integral of the calculated power interchange over the periods pursuant to paragraph 5 (a). 6. The common settlement rules of intended exchanges of energy in accordance with paragraphs 1(a), 1(b) and 1(c) shall take into account: (a) all balancing energy prices established pursuant Article 30(1); (b) the methodology for pricing of cross-zonal capacity used for the exchange of balancing energy pursuant Article 30(3). 7. The common settlement rules of intended exchanges of energy in accordance with paragraph 1(d) shall take into account the methodology for pricing of cross-zonal capacity used for operating the imbalance netting process pursuant Article 30(3). 8. All TSOs shall establish a coordinated mechanism for adjustments to settlements between all TSOs.