Balancing markets in 2026: More efficient, less forgiving
With platforms like PICASSO now operational, cross-border balancing has dampened some of the sharpest edges that characterized earlier years. Imbalance value still exists, but capturing it that has become more competitive.
What’s missing in many trading setups is a forward-looking view on where imbalance prices are likely to settle, also as a directional proxy for intraday price dynamics.