Clearing - Slovenia
Each Trading Day BSP shall send, in written form, to every Clearing Member Clearing Records regarding all Final Transactions concluded on Slovenian Electricity Day-ahead Market on that Trading Day, namely:
- Invoice for energy purchase,
- Invoice for energy sale,
- Offset Report of the Clearing Member’s net financial liability or net financial receivables and
- Physical Settlement Report of net physical liabilities and/or receivables.
Financial Settlement
Financial settlement shall be carried out on the basis of Invoices and in accordance with the Offset Report. Settlement Day for financial settlement is 2 (two) Business Days after the Trading Day.
Clearing Member - Net Debtor, has to settle its financial liabilities on Settlement Day by effecting payment into the Settlement Account kept by the Settlement Bank.
On Settlement Day BSP transfers the net financial receivables to the Bank Account of a Clearing Member - Net Creditor.
Physical Settlement
Settlement Day for physical settlement is the Trading Day. BSP is exclusively responsible for the registration of schedules of net physical liabilities and/or receivables for each Settlement Day.
