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Implementation guides / Nordic Balancing Model News / Publications

Updated version, May 2022: Implementation guide mFRR EAM

Please find the latest version of the “Implementation guide mFRR Energy Activation Market – BSP”. Contact details can be found in the end of the guide.     Implementation Guide …

Nordic Balancing Model News

Swedish go-live on common Nordic aFRR capacity market platform

The Swedish automatic frequency restoration reserve (aFRR) capacity market has successfully been moved to the shared Nordic MMS (market management system) starting 10 May. The milestone marks an important step …

Nordic Balancing Model News / webinar

Invitation to webinar on aFRR capacity market forecasting methodology 9 May 11-12 CET

The Nordic TSOs have launched a public consultation on the second amendment proposal for the forecasting of the market value of cross-zonal transmission capacity for the future Nordic aFRR capacity …

Nordic Balancing Model News / Nordic stakeholder reference group material

Notes from stakeholder reference group meeting 24 March 2022

The goal of the meeting was to present the status of the NBM program, explaining the reasons behind the delay of mFRR EAM and to discuss the impact on 15-minute …

Nordic Balancing Model News / Nordic stakeholder reference group material

Presentations at the Nordic Stakeholder Reference Group telco 24 March 2022

Presentations to be held at the Nordic Stakeholder Reference Group telco 24 March 2022 is found on the right hand side. Agenda NBM Stakeholder Reference Group 24 March 2022 NBM …

Nordic Balancing Model News

New go-live date for Nordic mFRR EAM in October / mid-November 2023

As earlier communicated, the go-live of the automated Nordic mFRR EAM is delayed. The new go-live date is in October/mid-November 2023, and further analyses will be done to set the …

Nordic Balancing Model News

The automated operation of the Nordic mFRR energy activation market will be postponed beyond 22 May 2023

As previously communicated, automated operation of the mFRR energy activation market will be postponed. Results from the TSO assessments show that local development and implementation in Statnett and Svenska kraftnät …

Nordic Balancing Model News

Swedish go-live for aFRR capacity market in May 2022

Svenska kraftnät will go-live with national aFRR Capacity market in May 2022. According to the plan, the first daily procurement will be carried out on 10 May, valid for delivery day …

Nordic Balancing Model News

Successful go-live of Finnish aFRR capacity market on new platform

As of 18 January, Finnish balancing service providers (BSPs) can submit bids to Fingrid on the new platform for automatic frequency restoration reserve (aFRR) capacity. Finland is the second Nordic …

Nordic Balancing Model News

Automated operation of mFRR Energy Activation Market needs to be postponed

The NBM program have assessed the risks of deployment of mFRR EAM (“automated operation”) planned for November 2022, resulting in a need to postpone the go-live of mFRR EAM automated …

Nordic Balancing Model News

Update to the NBM roadmap

We’ve already passed go-live of the Single Price Model and national go-live of the aFRR capacity market in Norway, according to the roadmap.  The next step is the national go-live …

Nordic Balancing Model News / Publications

Memorandum “Algorithm description – Nordic mFRR EAM bid selection”

 As informed in stakeholder reference group meeting June 3rd 2021, we now publish the first version of memorandum “Algorithm description – Nordic mFRR EAM bid selection”. The purpose of the …

Nordic Balancing Model News

Nordic TSOs and NRAs – continued cooperation on aFRR capacity market

13 December the Danish Utility Regulator, Finnish Energy Authority and Swedish Energy Market Inspectorate informed that they will initiate enforcement procedures against Energinet, Fingrid, and Svenska kraftnät for non-compliance with …

Nordic Balancing Model News

Go-live of aFRR capacity market in Norway

A first important step towards a common Nordic capacity market was taken when national go-live of aFRR CM in Norway took place on 29 November. Norway is the first Nordic …

Implementation guides / Nordic Balancing Model News

Updated version, November 2021: Implementation guide mFRR EAM

Please find the latest version of the “Implementation guide mFRR Energy Activation Market – BSP” and schedule for reserve bid market. Contact details can be found in the end of …

Nordic Balancing Model News

Single price-single position implemented on 1 November in the Nordic countries

The single price-single position will enable balance responsible parties and other market parties to handle their imbalances more efficiently.   “The production and consumption imbalances are merged into one imbalance instead of separate imbalances, as it has been the case until today” …

Consultations / Nordic Balancing Model News

TSO consultations of derogation application for European platforms

The Nordic TSO’s will apply for derogation for accession to the European platforms for balancing energy, MARI and PICASSO. The derogation process is national and the TSO’s should submit the …

Nordic Balancing Model News / Nordic stakeholder reference group material

Summary of stakeholder reference group meeting 14 September 2021

On 14 September, the NBM program held its third meeting in 2021 with the NBM stakeholder reference group. The meeting started with a presentation of the NBM roadmap. Stakeholders were …

Nordic Balancing Model News

Data publication from the Go-live of Single Price

The go-live of single price and single balance will bring changes to the data publication of imbalance prices and partly imbalance volumes on the ENTSO-E Transparency Platform. From 1 November …

Nordic Balancing Model News

Confirmation of Go-live of Single Price and Single Position on 1 November 2021

Single price and single position is ready for go-live on 1 November 2021 at 00:00 CET, which means that the Nordic imbalance settlement model will transfer from a dual price …

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Related News

  • Webinar invitation to stakeholders on future imbalance pricingJanuary 12, 2023
  • Presentations and summary from NBM stakeholder reference group meeting 14 December 2022December 21, 2022
  • NBM roadmap – assessing the results of new flow-based time planDecember 13, 2022
  • The Nordic aFRR capacity market went live 7th of December 2022!December 12, 2022
  • aFRR Capacity Market WebinarNovember 22, 2022
  • The Nordic aFRR capacity market proceeds with go-live as planned on 7 December 2022November 8, 2022
  • The Nordic TSOs plan to implement a common Nordic aFRR capacity market with cross-zonal capacity reservationsOctober 3, 2022
  • Presentations and summary from NBM stakeholder reference group meeting 21 September 2022September 29, 2022
  • aFRR Market Handbook is now publicSeptember 5, 2022
  • Presentation and link to recorded NBM webinar on ​the Public consultation for proposal for Nordic mFRR Capacity Market methodologies​August 11, 2022
  • Imbalance pricing and settlement in the Nordics going forward – introduction to the steps ahead (updated)July 5, 2022

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