New Market Participants | Imbalance Settlement Structures

Thank you for showing interest in becoming a Balance Responsible Party (BRP) in the Nordic countries. There are several steps that a new BRP needs to take. Here you will find the most relevant information on BRP requirements and tips on how to proceed with the registration. Please also read the eSett Guidelines for new BRPs if you are planning to enter the market as a BRP or set up a branch in another country. There you can find information on agreements, collaterals, and other necessary advices.

If you are planning to enter the market as a retailer or set up a branch in another country, please go through country- specific instructions in Denmark, Finland, Norway, and Sweden.

If you have any questions, we are happy to assist you. You can reach us by sending an e-mail to settlement@esett.com or submit a service request. You can also reach us by phone +358 10 501 8500.

Registration process

Kindly send us a service request to inform us about your plans to become a Balance Responsible Party. The customer service request can be created on our website by submitting a form; remember to fill in all fields of the service request. After the request has been successfully created, eSett will carry out the rest of the work and contact the service request creator for more information, if needed.

Imbalance settlement structures

Imbalance settlement structures are at the core of settlement, so it is crucial to establish them correctly. Structures are used to represent the real-world entities and their relations; they are needed in the reporting of hourly metered values of time series, which again are the basis for the imbalance settlement calculations.

eSett requests that market participants use the templates provided below. The market participant is asked to fill in the “Company” template as well as templates corresponding to the individual market role(s). Templates are named after the abbreviations of market roles, which are Balance Responsible Party (BRP), Retailer (RE), Distribution System Operator (DSO), Service Provider (SP), and can be found under the section “Templates”. “Connection details” template also needs to be filled in by those who need machine-to-machine connection for messaging purposes. Retailers will not need to provide this information as there is no possibility to provide and fetch data electronically from eSett.