1. Introduction

2. Receive Balancing Actions (Includes SO-Flagging, CADL Flagged, Emergency Flagged)

3. Determine STOR action price

4. Formulate the Ranked Sets of Balancing Actions

5. Remove De Minimis and Arbitrage actions

6. Classification

7. Net Imbalance Volume (NIV) Tagging

8. Replacement Price

9. Price Average Reference Volume (PAR) Tagging

10. Buy Price Price Adjustment (BPA) / Sell Price Price Adjustment (SPA)

11. Final Calculation

12. Default rules – what happens when there is not enough priced volume?

13. Removal of Trans European Replacement Reserve Exchange (TERRE)

14. Further Information