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Nordic Balancing Model News

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Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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: …

NBM
Nordic Balancing Model News

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, …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

NBM
Nordic Balancing Model News

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 …

Nordic Balancing Model News / webinar

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. …

Nordic Balancing Model News

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 …

NBM
Implementation guides / Nordic Balancing Model News / Publications

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 …

NBM
Nordic Balancing Model News

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 …

Consultations / Nordic Balancing Model News / webinar

Energinet webinar: Preparation of Nordic mFRR energy activation market go-live

As previously announced, the Nordic mFRR energy activation market will go live on Tuesday, December 3, 2024. In this regard, Energinet would like to invite you to a planning meeting …

Nordic Balancing Model News / webinar

Statnett biweekly BSP-meetings towards the start of mFRR EAM

The main goal of these BSP-meetings is so that actors working towards participating in mFRR EAM from go-live should have the opportunity to discuss relevant issues related to this work, …

NBM
Nordic Balancing Model News

aFRR energy market go-live in Finland

The aFRR energy market was taken in operation in Finland on June 12th at 14.25 pm (EET). The energy market enables aFRR energy bids near real time and optimizes aFRR …

NBM
Nordic Balancing Model News / Publications

Nordic aFRR CM Evaluation Report Reveals Insights on Cross-Zonal Capacity and Economic Surplus

The Nordic TSOs have completed the Evaluation Report for the Nordic aFRR capacity market covering analysis for the year 2023. The Evaluation Report covers the mandatory evaluation criteria set out …

NBM
Nordic Balancing Model News / Publications / Uncategorized

Updated version of Implementation guide mFRR EAM, April 2024

– Updated go-live date – Product characteristics for the market – Bid message size limit increased – Description of resending of BidAvailability document and ReserveAllocationResult document – Codes for Disturbance …

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Related News

  • New implementation fixes undesired price spread issue in Nordic mFRR EAM – TSOs stop manual correction processDecember 8, 2025
  • Update to the timeline for the Nordic accession to the MARI platformNovember 17, 2025
  • 15-minute market time unit (MTU) has been implemented in the Day-Ahead marketOctober 1, 2025
  • Follow-up on the Informal Public Consultation on the Nordic Capacity Markets for aFRR and mFRRSeptember 23, 2025
  • MCSC Confirms Transition to 15-Minute Time Resolution in Day-Ahead MarketSeptember 12, 2025
  • Nordic TSOs invite to an online session regarding the informal public consultation in the Nordic aFRR and mFRR capacity marketsAugust 14, 2025
  • Informal Public Consultation on the Nordic Capacity Markets for aFRR and mFRRAugust 8, 2025
  • Evaluation Report for 2024 for the Nordic aFRR Capacity MarketJune 2, 2025
  • Transition to 15-minute time resolution in the day-ahead market postponed to September 30, 2025May 15, 2025
  • Go-live of 15 min Intraday Cross-Border Trading in the Nordics on 18/03 for delivery on 19/03March 10, 2025
  • The new automated mFFR energy market is now permanently implementedMarch 7, 2025

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