Monthly Balance Report May 2015

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1 Monthly Balance Report May 215

2 Content BRPs' imbalances How well have the BRPs traded into balance last report period? BRP imbalances, reserves and balancing power How did we manage the imbalances? Norwegian prices How did the prices develop during the last report period?

3 Balance Responsible Party Imbalances trading into balance A balance responsible party (BRP) will according to his physical obligations and rights have to achieve a planned balance latest when Elspot closes for bids (to trade into balance). Through bilateral trades and Elbas the BRP can until the trading deadline restore his balance if prognosis errors are discovered. System responsible and balance settlement cooperate when analyzing the BRPs' imbalances. The following is carefully monitored: How well do the BRPs trade into balance? (not to large hourly absolute imbalances and appropriate relative imbalances, monthly net imbalance should be near zero and thus not show a skewed distribution of positive and negative imbalances) whether BRPs use trades after Elspot to restore their balance or not As a result of the analysis the imbalances are diversified by generation and consumption imbalance and the BRPs are classified into three categories red, yellow and green. In the long run not acceptable In the short run acceptable Acceptable BRPs in this category might be breaching the balance agreement. The BRP is urged to improve his balance. A continued classification into this category can result in exclusion from the wholesale market. BRPs in this category are not balancing as well as they could. Although they during the reporting period are not breaching the balance agreement a continued classification or worsening imbalance in future periods can justify a classification as In the long run not acceptable. BRPs in this category are achieving a good balance. Although the balance is classified as acceptable the BRP still can reduce imbalance costs by improving his balance.

4 Balance Responsible Party Imbalances criteria for classification as red, yellow or green (only BRPs > 18 MWh/month abs imb) In the long run not acceptable (does not apply for BRPs < 18 MWh/month absolute imbalance) In the short run acceptable Acceptable Consumption Imbalance more than 1% relative imbalance and more than 2 times difference between negative and positive imbalances more than 12,5% relative imbalance more than 2,5 times difference between negative and positive imbalances Production Imbalance more than 5% relative imbalance and more than 2 times difference between negative and positive imbalances more than 6% relative imbalance more than 2,5 times difference between negative and positive imbalances Consumption Imbalance neither red or green Production Imbalance neither red or green Consumption Imbalance less than 6% relative imbalance and less than 18 MWh absolute monthly imbalance less than 6% relative imbalance and less than 1,5 times difference between negative and positive imbalances Production Imbalance less than 2,5% relative imbalance and less than 18 MWh absolute monthly imbalance less than 2,5% relative imbalance and less than 1,5 times difference between negative and positive imbalances

5 May 215: Norwegian BRPs' Imbalances Consumption Imbalance Generation Imbalance In the long run In the short run In the long run In the short run Acceptable not acceptable acceptable not acceptable acceptable Acceptable AGA AS NO1 NO2 Agder Energi Vannkraft AS NO4 NO5 NO2 NO3 NO3 NO5 NO2 NO4 Akershus Energi Vannkraft AS NO3 NO1 NO2 NO5 NO2 NO1 Aktieselskabet Saudefaldene NO2 NO2 APX Shipping B.V. AVINOR AS NO3 NO4 NO5 NO1 NO2 AXPO Nordic AS NO3 NO1 NO2 NO4 NO5 NO2 NO5 Bane Energi NO5 Bergen Energi Spot AS NO4 NO1 NO2 NO3 NO5 NO2 NO3 NO4 NO5 BKK Produksjon AS NO5 NO5 Boliden Odda AS NO2 Coop Norge SA NO2 NO1 NO3 NO4 NO5 Dalane Energi IKS NO2 NO2 Danske Commodities A/S E.ON Global Commodities SE EB Handel AS NO1 NO2 NO3 NO5 EB Kraftproduksjon AS NO1 NO1 E-CO Energi AS NO1 NO2 NO3 NO5 NO5 NO1 EDF TRADING Limited Eidefoss AS NO3 NO3 Eidsdal Kraft AS NO3 NO3 Eidsiva Marked AS NO1 Eidsiva Vannkraft AS NO3 NO1 NO3 NO1 Eiendomsspar Energi AS NO1 NO2 Elkem AS NO4 NO5 NO2 NO3 NO3 NO5 Elkraft AS Energi Danmark Energi Salg Norge AS NO1 NO3 NO5 NO2 NO4 EVRY ASA NO2 NO3 NO4 NO1 NO5 Fjord Energi AS NO5 NO3 NO2 NO5 NO2 Flesberg Elektrisitetsverk AS NO1 For Better Days Fortum Markets AS NO4 NO1 NO2 NO3 NO5 GDF SUEZ E & P Norge AS NO5 Gudbrandsdal Energi AS NO1 NO3 NO2 NO4 NO5 NO1 Hafslund Hedging AS NO1 NO3 NO4 NO5 NO2 NO1 NO2 Haugaland Kraft AS NO2 Haugesund Kommune NO2 Heidelbergcement Norway AS Helgeland Kraft AS NO4 NO1 NO3 NO2 NO5

6 May 215: Norwegian BRPs' Imbalances Consumption Imbalance Generation Imbalance In the long run In the short run In the long run In the short run Acceptable not acceptable acceptable not acceptable acceptable Acceptable Helgeland Kraft AS Vannkraft NO4 NO4 Helse Sør-Øst RHF NO1 NO3 NO5 NO2 Hemsedal Energi (Balanseansvarlig) NO1 NO5 Hordaland Fylkeskommune AS NO2 NO5 Hydro Energi AS NO5 NO2 NO1 NO3 NO4 NO4 NO2 NO5 Hålogaland Kraft AS Marked NO4 NO4 Ishavskraft AS NO2 NO5 NO1 NO3 NO4 NO4 Istad Kraft AS NO2 NO3 NO4 NO5 NO1 NO3 JotunKraft A/S NO1 NO2 NO5 NO1 Kongsberg Energiselskap AS NO2 NO1 Kongsvinger Kommune NO1 Konsesjonskraftfondet for Aust-Agder IKS NO2 Kraftinor AS NO4 NO1 NO2 NO3 NO5 Kraftverkene i Orkla NO3 NO3 Kragerø Kraft AS NO1 NO2 NO3 Kymppivoima Hankinta Oy Lier Everk AS Lindex AS Lofotkraft Produksjon AS NO4 LOS AS NO2 Lunds Energi Norge AS Luster Energiverk AS NO5 Lyse Energisalg AS NO1 NO3 NO4 NO5 NO2 Lyse Produksjon AS NO2 NO2 Lærdal Energi AS Markedskraft ASA NO5 NO1 NO2 NO3 NO4 NO3 NO5 NO2 Mesta Konsern AS Midt Kraft Buskerud AS NO1 Midt-Telemark Energi AS NO1 NO2 NO2 Morgan Stanley Capital Group Inc. Møre og Romsdal Fylkeskommune NO3 Nammo Raufoss AS NO1 Nesset Kraft AS NO3 NO3 NOBLE CLEAN FUELS LTD NO1 Nord Pool Spot AS NO1 NO2 Nordkraft Produksjon AS NO4 NO5 NO4 NO5 Nordmøre Energiverk AS NO2 NO3 NO1 NO4 NO5 NO2 NO3 NO1 Nord-Østerdal Kraftlag Marked NO1 NO3 NO2 NO5 Notodden Energi Kraft AS NO1 NO2

7 May 215: Norwegian BRPs' Imbalances Consumption Imbalance Generation Imbalance In the long run In the short run In the long run In the short run Acceptable not acceptable acceptable not acceptable acceptable Acceptable NTE Energi AS NO3 NO4 NO3 NO4 NTE Marked AS NO3 NO4 NO1 NO2 NO5 Oppegård kommune NO1 Oppland Energi AS NO1 NO3 NO1 Oslo Lufthavn AS NO1 Pasvik Kraft AS NO4 NO4 Pelagia AS NO2 NO3 NO4 NO5 Posten Norge AS Powest AS NO1 RAO Nordic Oy NO4 Rapid Power AS Rauma Energi Kraft AS NO3 NO1 NO2 NO4 NO5 NO3 REC Wafer Norway AS NO2 Reitan Convenience AS NO4 NO1 NO2 NO3 NO5 Ringeriks-Kraft Produksjon AS NO1 NO2 Ringsaker Kommune NO1 Røros Elektrisitetsverk Kraft NO1 Scandem Norge Scandic Hotels AS Selbu Energiverk NO3 NO3 SFE PRODUKSJON AS NO1 NO3 NO5 NO2 NO4 NO3 NO5 Shell Energy Sira-Kvina Kraftselskap Produksjon NO2 NO2 Skagerak Kraft AS NO2 NO5 NO3 NO4 NO1 NO2 NO3 NO5 NO1 SKL Produksjon As NO2 NO2 SKS Kraftsalg AS NO5 NO1 NO2 NO3 NO4 NO4 SKS Produksjon AS NO4 NO4 Sogn og Fjordane fylkeskommune NO5 Sognekraft A/S NO1 NO2 NO3 NO5 NO5 Stange Energi AS Statens Vegvesen NO2 NO4 NO5 NO1 NO3 Statkraft Energi AS NO2 NO3 NO4 NO5 NO1 NO1 NO3 NO4 NO5 NO2 Statnett - Danmark NO2 Statnett SF Statnett SF - NorNed NO2 Statnett SF - RKV NO3 NO3 Statnett Sverige NO1 NO3 NO4 Statoil ASA NO5 NO1 NO2 NO3 NO4 NO1 NO3 NO4 NO5 Stord Kommune NO2 Stranda Energiverk AS Kraft NO3 NO1 NO2 NO4 NO5 NO3

8 May 215: Norwegian BRPs' Imbalances Consumption Imbalance Generation Imbalance In the long run In the short run In the long run In the short run Acceptable not acceptable acceptable not acceptable acceptable Acceptable Stryn Energi AS, Kraft Studentsamskipnaden i Oslo NO1 Sunndal Energi KF NO1 NO2 NO3 NO5 Sunnfjord Energi AS NO5 NO1 NO3 NO4 NO5 Tafjord Kraftproduksjon AS NO3 NO1 NO2 NO4 NO5 NO3 Telenor Eiendom Holding As Telge Kraft AS Telinet Energi AS Tinfos AS NO2 NO4 NO5 NO2 NO4 TIZIR TITANIUM & IRON AS NO2 Troms Kraft Handel AS NO4 NO4 Trønderenergi Kraft AS NO3 NO1 NO4 NO3 TrønderEnergi Marked AS - Kraft NO3 NO4 NO5 NO1 NO2 Trønderenergi Nett AS NO3 Tussa Energi AS NO3 NO5 Tussa-24 AS NO3 NO1 NO2 NO4 NO5 Uste Nes AS Produksjon NO2 NO1 NO5 Ustekveikja Energi AS NO1 NO5 NO3 NO2 NO4 NO3 NO5 Uvdal Kraftforsyning SA NO5 Varner Retail AS Vattenfall AB Filial Norge NO1 NO4 NO5 NO1 NO4 NO5

9 MWh/h Consumption Imbalance Norway The diagram shows as blue area the overestimated BRP-consumption and as red area the underestimated BRP-consumption. (Wrongly reported bilateral trades can disturb the figures)

10 jan feb mar apr jun jul aug sep oct nov dec jan feb mar apr jun jul aug sep oct nov dec imbalance per consumption Norwegian BRPs Accumulated imbalances for the NO-area The BRP-imbalance is diversified into generation and consumption. Consumption includes all imbalances settled as consumption imbalance except for the main transmission grid's losses.,5 Monthly Imbalances BRPs Norway (relative to consumption),3,1 -,1 -,3 generated less or consumed more than planned generated more or consumed less than planned -, PositiveConsumptionImbalance PositiveProductionImbalance NegativeConsumptionImbalance NegativeProductionImbalance

11 Share of up- and down regulation hours May % 9 % 8 % up 7 % 6 % 5 % none 4 % 3 % 2 % down 1 % %

12 NOK/month Imbalance Costs What did it cost to have 1 MWh/h imbalance during May 215? cost for imbalance NO1 cost for imbalance NO2 cost for imbalance NO3 cost for imbalance NO4 cost for imbalance NO average cost NO1 36 NOK/MWh NO2 36 NOK/MWh NO3 4 NOK/MWh NO4 39 NOK/MWh NO5 36 NOK/MWh BRPs will have the same cost if their hourly imbalances are opposite to the main direction of regulation.

13 Content BRPs' imbalances How well have the BRPs traded into balance last report period? BRP imbalances, reserves and balancing power How did we manage the imbalances? Norwegian prices How did the prices develop during the last report period?

14 jan feb mar apr jun jul aug sep oct nov dec jan feb mar apr jun jul aug sep oct nov dec MWh/month Balancing with Norwegian Reserves The diagram shows the net activated energy from all available reserves in Norway, i.e. primary-, secondary- and tertiary-regulation, special regulation and adjusted generation schedules. Minus means that Norway used less water than planned, plus means that Norway used more water. 3 Net Balancing Power Norway used more water than planned used less water than planned (1. MWh/month 139 MWh/h)

15 jan feb mar apr jun jul aug sep oct nov dec jan feb mar apr jun jul aug sep oct nov dec MWh/month Imbalances and the joint Nordic Balancing An important "imbalance" is referring to the planned exchange with SE/DK/FI/NL. Basically an imbalance between planned and metered exchange is the result of exchange of reserves. Failures on the interconnectors are included in these volumes. Negative values indicate that Norway exported less or imported more than planned, positive that Norway exported more or imported less than planned. 3 Deviation between planned and metered exchange between NO and SE/FI/DK/NL regulated up for neighbors regulated down for neighbors (1. MWh/month 139 MWh/h)

16 jan feb mar apr jun jul aug sep oct nov dec jan feb mar apr jun jul aug sep oct nov dec MWh/month Norwegian imbalances Both BRP's imbalances and the exchange of reserves influence the flow in the grid and thus create an imbalance between Statnett's purchased and metered grid loss. Norwegian net monthly imbalance bought more than needed bought more or generated more than needed bought less than needed bought less or generated less than needed BRPs net.imb. Imbalance Grid Loss Statnett

17 Primary Reserves Secondary Reserves Tertiary Reserves Special Regulation Other Regulation Total Balance Power Net Balance Power MWh Norwegian Balance Power Activated reserves in the NO-area Activated Reserves NO ( 215) up-regulation down-regulation The during the report period activated reserves in Norway are shown above. Primary and secondary reserves are activated automatically when the frequency needs to be stabilized. Tertiary reserves are activated manually and in merit order when restoring the frequency. Special regulation also uses tertiary reserves, but not in a merit order. Other regulation is mainly the adjustment of generation schedules.

18 january february march april june july august september october november december january february march april june july august september october november december january february march april june july august september october november december MWh per month Primary Reserves (FFR/FNR) Historical activation down-regulation up-regulation

19 november december january february march april june july august september october november december MWh per month Secondary Reserves (LFC) Historical activation down-regulation up-regulation

20 january february march april june july august september october november december january february march april june july august september october november december january february march april june july august september october november december MWh per month Tertiary Reserves (RK - ordinary balancing) Historical activation down-regulation up-regulation

21 january february march april june july august september october november december january february march april june july august september october november december january february march april june july august september october november december MWh per month Tertiary Reserves (RK - special balancing) Historical activation down-regulation up-regulation

22 Content BRPs' imbalances How well have the BRPs traded into balance last report period? BRP imbalances, reserves and balancing power How did we manage the imbalances? Norwegian prices How did the prices develop during the last report period?

23 NOK/MWh NOK/MWh Norwegian Prices Norwegian Balancing Power Prices Norwegian Spot Prices The colored area indicates the price spread between the lowest and highest price area

24 Norwegian Prices (NOK/MWh) 35 balancing power price NO1 Elspot area price NO balancing power price NO2 Elspot area price NO balancing power price NO3 Elspot area price NO3

25 Norwegian Prices (NOK/MWh) 35 balancing power price NO4 Elspot area price NO balancing power price NO5 Elspot area price NO5

26 Imbalance prices versus spot price (NOK/MWh) 25 May average spotprice average price for generation balance deficit average price for generation balance surplus average price for consumers' imbalance

27 Content END

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