Updated Go-Live Plan for 15-Minute Energy Markets
Parties in the Single Day-Ahead Coupling (SDAC) confirm the transition to the 15-minute Market Time Unit (MTU) in the SDAC is set for 11 June 2025 with delivery date of …
Transition of intraday trading to 15-minute resolution on Finland and Estonia’s Estlink connection on 22.1.2025
Fingrid has agreed with the Estonian transmission system operator Elering on the transition of intraday trading (ID) to 15-minute resolution market time units (MTUs). Intraday trading consists of continuous trading …
Memorandum: Algorithm description – Nordic mFRR EAM bid selection – updated version
The purpose of the memorandum is to describe the bid selection algorithm for the Nordic mFRR Energy Activation Market (EAM). The memorandum provides information particularly to market participants, so they …
Trilateral capacity market for mFRR is live
Sweden, Denmark and Finland have today introduced a trilateral mFRR capacity market. The new market will enable the exchange of mFRR balancing capacity across bidding zones. The trilateral capacity market …
New date for mFRR EAM go-live
The new go-live date of the automated Nordic mFRR energy activation market (mFRR EAM) is Tuesday March 4, 2025. In October, the four Nordic transmission system operators decided to postpone …
National mFRR capacity market has been succesfully transferred to new Fifty NMMS market platform in Finland
Fingrid has successfully transferred the national mFRR capacity market from the current Vaksi market platform to the new Nordic Fifty NMMS market platform on 12th November. From now on Fifty …
mFRR EAM go-live date to be announced mid-November
On October 10, the four Nordic transmission system operators decided to postpone the launch of mFRR EAM from December 3, 2024, to early 2025, and communicated that a new go-live …
Successful go-live of the Nordic Flow-based Market Coupling project
The project parties involved in the day-ahead Nordic Flow-Based Market Coupling project are pleased to announce the successful go-live of the project on 29/10/2024, (first trading day for delivery …
High clearing prices in the Nordic aFRR Capacity Market
During the last week, the procurement of aFRR balancing capacity in the common Nordic aFRR capacity market has resulted in unusually high prices. The high prices are not due to …
Finnish mFRR capacity market to new Nordic market platform Fifty NMMS on November 12
Finnish National Regulatory Authority has given a decision on new mFRR terms & conditions, which will come into effect November 12. The new terms & conditions enable the national Finnish …
Fingrid’s accession to the European aFRR energy market will be transferred
Fingrid’s accession to the European aFRR energy marketplace PICASSO will be moved to the beginning of 2025. The previously announced schedule was in this autumn. The transfer of the accession …
Nordic Flow-Based Market Coupling Project confirms Go-Live for 29th October 2024
Please direct any questions about this matter to Erik Ek, Chair of the Nordic Flow-Based Implementation Project through the Svenska kraftnät press office. Phone: +46 10 475 80 10, e-mail: …
Go-live of automated Nordic mFRR energy activation market is postponed
The Nordic TSO’s acknowledge that the additional postponement of the Nordic mFRR EAM go-live is unfortunate. However, as manual frequency restoration reserves (mFRR) are central to balancing the power system, …
Updated NBM roadmap
The NBM roadmap has been updated so that it mirrors updates in the project milestones. The updates concerns the following milestones: Go live date for Flowbased is October 29 2024 …
Go-live of 15-min MTU ID postponed with a target for March
The Nordic steering group for 15 MTU & IDA has decided that the 15-minute MTU in the Intraday market will not be implemented in January as originally planned. Instead, March …
Updated Go-Live Timeslot for Nordic mFRR EAM
Automated Nordic mFRR EAM will go live on December 3rd, 2024, at 13:00 CET. During today’s NBM Roadmap Webinar (September 27th), the go-live timeslot for the Nordic mFRR EAM was …
Webinar on data from mFRR EAM shadow operation October 7, 2024
NBM is pleased to invite market participants to a Nordic webinar October 7, where key insights and raw data from test runs of the mFRR shadow operation will be presented. …
NBM roadmap webinar September 27th, 2024
The NBM program is pleased to invite you to the upcoming Nordic Balancing Model Roadmap Webinar that aims to provide e a comprehensive overview of the upcoming go-lives. The webinar …
Updated Implementation guides for aFRR and mFRR capacity markets and mFRR EAM, September 2024
Please find the latest versions of the implementation guides for aFRR and mFRR capacity markets and relevant example files, as well as the latest version of the implementation guide for …
Updated version August 2024: Memo on process for activating mFRR products
The updated memo provides an outlook for the mFRR standard product development up until connection to the European platform for mFRR energy activation, MARI (Manually Activated Reserves Initiative), and describes …