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Page 1 of 13 Balance Group Contract Version 1.0 of 5.8.08 Balance Group Contract concerning establishment and management of a Balance Group Between Swissair AG Dammstrasse 3, P.O. Box 22, CH-5070
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What is balance group contract?
A balance group contract is a legally binding agreement between different entities within the energy sector to coordinate and manage their energy supply and demand on a balanced basis.
Who is required to file balance group contract?
Entities involved in the production, transmission, or distribution of energy, including power generators, grid operators, and energy retailers, are required to file a balance group contract.
How to fill out balance group contract?
To fill out a balance group contract, you need to provide detailed information about the participating entities, their energy generation and consumption profiles, agreed-upon balancing principles, and any additional terms and conditions as per the regulatory requirements.
What is the purpose of balance group contract?
The purpose of a balance group contract is to ensure the balance and stability of the energy grid by coordinating and aligning the supply and demand of energy within a group of entities.
What information must be reported on balance group contract?
A balance group contract typically includes information about the entities involved, their energy production and consumption forecasts, agreed-upon balancing methods, communication protocols, and any financial or contractual obligations.
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