Successful 15-minute ISP go-live
An important step forward On 22 May, a major milestone was reached in the Nordic electricity markets as eSett moved to 15-minute imbalance settlement. From 22 May, the common Nordic …
New Market Handbook for aFRR and mFRR capacity markets
The Market Handbook for aFRR capacity market has been updated to also cover the mFRR capacity market. Both aFRR and mFRR capacity markets are handled in the same Nordic platform, …
Value of common Nordic aFRR capacity market confirmed
A first-of-its-kind evaluation report confirms that the Nordic capacity market for automatic frequency restoration reserves (aFRR CM) has great socio-economic value while also improving the security of supply. The purpose …
Rethinking the method for a Nordic capacity market for mFRR
A proposed Nordic method for a common capacity market for manual frequency restoration reserves (mFRR) has been withdrawn. The reason is that the Nordic TSOs were notified that the Nordic …
Option space for future imbalance pricing in the Nordics – informal feedback and input welcomed
As a follow-up to the webinar on future imbalance pricing the 8. February 2023, we are now publishing a document describing the option space for future imbalance pricing in the …
NBM – status update on the ongoing assessment of the mFRR EAM timeline
As announced on 13 December 2022, the go-live of mFRR EAM (manual Frequency Restoration Reserve Energy Activation Market) will be delayed. The reason for the delay is the need for …
Q&A follow up on future imbalance pricing
The NBM working group on imbalance pricing held a Nordic webinar on the topic Future Imbalance Pricing on 8 February 2023. Material and a recording of the webinar can be …
Target is set for mFRR capacity markets
Following the launch of the Nordic aFRR capacity market in December 2022, the NBM program has revised the plans for the implementation of the national mFRR capacity markets. The target …
Webinar invitation to stakeholders on future imbalance pricing
The NBM working group on imbalance pricing invites all interested stakeholders to join us in a webinar meeting on 8 February 2023 from 12:00 – 14:00 CET, to discuss the …
Presentations and summary from NBM stakeholder reference group meeting 14 December 2022
NBM stakeholder reference group had a Teams meeting 21 September. The takeaways listed below reflect the key points at the meeting. Presentations held at the Nordic Stakeholder Reference Group are found …
NBM roadmap – assessing the results of new flow-based time plan
The Nordic TSOs are analyzing the effects on the NBM program coming from the new time plan for implementation of flow-based capacity calculation in the Nordic countries. Due to the …
The Nordic aFRR capacity market went live 7th of December 2022!
The Nordic TSOs successfully launched the Nordic aFRR capacity market according to plan, 7th of December. “We are happy to conclude that the go-live went as planned. We have been …
aFRR Capacity Market Webinar
The Nordic aFRR Capacity Market will be launched 7 December 2022, as previously communicated. There will be an open webinar for all market participants, with the purpose of answering questions …
The Nordic aFRR capacity market proceeds with go-live as planned on 7 December 2022
The Nordic TSOs are ready to launch the Nordic aFRR capacity market. This will improve security of supply in the Nordic region while at the same time contribute to significant …
The Nordic TSOs plan to implement a common Nordic aFRR capacity market with cross-zonal capacity reservations
The Nordic TSOs (Svenska kraftnät, Energinet, Fingrid and Statnett) plan to implement a common Nordic aFRR capacity market with cross-zonal capacity reservations. The introduction of the Nordic aFRR capacity market …
Presentations and summary from NBM stakeholder reference group meeting 21 September 2022
NBM stakeholder reference group had a Teams meeting 21 September. The takeaways listed below reflect the key points at the meeting. Presentations held at the Nordic Stakeholder Reference Group is …
aFRR Market Handbook is now public
The first version of the Nordic Handbook aFRR Capacity Market is now published. The purpose of the aFRR Market Handbook is to give the market participants a description of the …
Presentation and link to recorded NBM webinar on the Public consultation for proposal for Nordic mFRR Capacity Market methodologies
Thank you for participating in the webinar on Nordic TSOs proposal for Nordic mFRR Capacity Market methodologies on 11. August 2022. The methodologies are out for public consultation until 22. …
Imbalance pricing and settlement in the Nordics going forward – introduction to the steps ahead (updated)
With the future development of connecting to the MARI and PICASSO platforms, also follows changes to FRR products, product pricing and imbalance settlement. As a follow up to the Stakeholder …
Presentations from webinar on BSP implementation guide for mFRR
Thank you for participating at the webinars for walkthrough of BSP implementation guide for mFRR capacity market, 22-24 June. Please find the links to the presentations and the recorded webinars …