Balancing production and consumption of electricity is essential in order to uphold the power system and deliver electricity to all consumers. Nordic power grids are coupled and Nordics have a long history of cooperation for balancing. The Nordic power system is transforming with more unregulated production like wind and solar and increased cross-border exchange.
Markets get a finer granularity and more trade is taking place closer to the operational hour. To meet these changes, the Nordic TSOs are developing the Nordic balancing of tomorrow in the joint program Nordic Balancing Model (NBM).
Through automation and new markets, we will facilitate the energy transition, enhance the socioeconomic benefits from our common Nordic market and have a safe connection to the new European platforms for exchange of balancing power. The implementation of NBM depends upon close cooperation with stakeholders and approvals by national regulatory authorities (NRAs).
This short film gives you an explanation about the significant change.
Nordic TSOs have written a joint aFRR EAM Implementation Guide for market participants in the preparation for upcoming aFRR EAM go live in Sweden and Norway. The implementation guide is …
As of today, bids submitted for aFRR and mFRR are by default indivisible if no attributes are utilized. This causes a number of indivisible bids, that are in reality not …
An updated price algorithm fixes the undesired price spread, and the issue of unforeseeably rejected fully divisible bids. Effective from December 8th, 2025, manual price corrections and delayed price publication …
