We are moving towards a green, integrated and harmonised European power market. This calls for a new model for balancing the Nordic power system. To achieve this, the Nordic TSOs have established the Nordic Balancing Model cooperation. Our new Nordic balancing model will ensure an efficient security of supply and secure a balancing scheme compliant with the European network codes. The NBM Roadmap is our high-level plan for the program, illustrating the specific building blocks of the new balancing model.
The Roadmap presents key milestones for each building block. Progress in line with the Roadmap is monitored and reported to stakeholders.
Updates of the roadmap June 2023:
15-minute imbalance settlement went live on 22 May 2023
As result of the ongoing replanning of the mFRR EAM project, the remaining part of the roadmap following the EAM go-live is being reassessed.