The forecasting party will be responsible for providing the transmission system operator (TSO) with estimates of each network users offtake at Non Daily Metered supply points. The TSO will aggregate these estimates with offtake values for each network users Daily Metered supply points to produce a single offtake estimate for each network user. The TSO will then pass this estimate to the network user who will use the information to balance their entry and exit nominations.
We are required to designate a ‘forecasting party’ by Article 39(5)of Regulation (EU) No 312/2014 (the Balancing Code).
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