European aFRR and mFRR activation market
What: Common European platforms for exchange of balancing energy, aFRR, mFRR and restoration reserves (RR) are being developed. The Nordic TSOs will connect to the common European platforms PICASSO for aFRR and MARI for mFRR.
How: TSOs collect bids from the balancing service providers (BSPs) and estimate their need for aFRR and mFRR. This is sent to the platforms where an activation optimisation function (AOF) matches the bids and needs, taking into account available cross-zonal capacities. The results from the AOF is sent back to the TSOs. Based on the results from MARI and PICASSO, the TSOs activate the bids of the BSPs. Both scheduled activations based on estimated imbalances and direct activations due to unforeseen incidents are done based on bids submitted to MARI and PICASSO. The market time unit in MARI and PICASSO is 15 minutes.
Why: Exchanging balancing energy across TSO control areas in Europe will give huge economic gains as resources and needs are unevenly distributed across Europe.
- Nordic mFRR Energy Activation Market entry into operation on 3 December 2024 December 4, 2023
- Updated NBM roadmap confirms go-live of mFRR energy activation market by Q1 2025 September 5, 2023
- NBM – status update on the ongoing assessment of the mFRR EAM timeline March 23, 2023
- Invitation to webinar on “Results from shadow operation of mFRR EAM” 15 June 13:30-14:30 CET May 20, 2022
- Updated version, May 2022: Implementation guide mFRR EAM May 13, 2022
- Automated operation of mFRR Energy Activation Market needs to be postponed January 11, 2022
- Updated version, September 2021: Implementation guide mFRR EAM September 9, 2021
- Presentations and link to recorded webinar on Implementation Guide and Memo on process for activating products in mFRR energy activation market June 24, 2021
- Updated version June 2021: BSP – Implementation guide and Memo on process for activating products in mFRR energy activation market June 14, 2021
- Invitation to webinar on updated Implementation Guide for market participants in the common Nordic mFRR energy activation market May 12, 2021
- Presentations and link to recorded webinar on the implementation of Nordic mFRR EAM January 19, 2021
- Updated project timeline for automated mFRR energy activation market December 18, 2020
- BSP – Implementation guide mFRR energy activation market December 18, 2020
- An updated version of the memorandum “Product Activation Process” for the mFRR energy activation market July 1, 2020
- Nordic mFRR energy activation market presentations and recorded webinar June 3, 2020