Shadow-day · stage 3 of 4 · balancing & imbalance

Balancing · hour 01 · 2026-05-29

Stage status timestamp (balancing complete): 2026-05-29T02:50:00Z

Illustrative imbalance pricing (Trading Rules R2 §07 placeholder formula). Balancing consumes the final post-IDM schedule and prices each party's deviation from it against the metered outturn.

Reference SMP (IDM)

R864.61 / MWh

Indicative balancing price

R2000.00 / MWh

Net system imbalance

-2.1 MWh

system short (under-delivery)

Per-party imbalance settlement

Metered outturn vs final schedule. A modelled residual under-delivery of 2.1 MWh sits on Eskom Holdings — coal fleet (Generator) so the balancing market has a real action to price.

Party	Final sched (MWh)	Metered (MWh)	Imbalance (MWh)	Imb. price (R/MWh)	Amount
Eskom Holdings — coal fleet (Generator)	20239.6	20237.5	-2.1	R2000.00	R-4233.33

Audit chain

Commit this balancing run to the append-only SHA-256 chain (balancing_complete event).

Full IDM + balancing transcript

[reclearIntraday] day=2026-05-29 hour=1 seed=42
[reclearIntraday] slip party=gen_ipp_wind_01 -4.6% dam=91860 revised=87624 gap+=4236
[reclearIntraday] residual_gap=4236 backfilled=4236 uncovered=0 idm_smp=86461c backfill_awards=1
— BALANCING —
[computeBalancing] day=2026-05-29 hour=1
[computeBalancing] party=gen_eskom_coal_01 sched=1214376 metered=1214249 imb=-127 price=200000c amount=-423333c
[computeBalancing] net_system_imbalance=-127 balancing_price=200000c