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NBM
Nordic Balancing Model News

Transition of intraday trading to 15-minute resolution on Finland and Estonia’s Estlink connection on 22.1.2025

Fingrid has agreed with the Estonian transmission system operator Elering on the transition of intraday trading (ID) to 15-minute resolution market time units (MTUs). Intraday trading consists of continuous trading …

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 NBM roadmap confirms go-live of mFRR energy activation market by Q1 2025

Based on detailed analyses done this summer, the NBM program confirms a Nordic go-live of the mFRR energy activation market by Q1 2025.   Go-live of mFRR EAM by Q1’25, will …

NBM
Nordic Balancing Model News

NBM Roadmap update: Go-live of mFRR energy activation market aimed by Q1 2025

The NBM program has made good progress in spring 2023. The national Danish capacity market for mFRR has gone live, and several milestones in the project for automated balancing (mFRR …

NBM
Nordic Balancing Model News

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 …

Nordic Balancing Model News / Publications / webinar

Presentations and link to recorded webinar on Nordic TSOs 15 min imbalance settlement period

Thank you for participating at the Nordic stakeholder webinar on Nordic TSOs 15 min imbalance settlement period. Please find the links to the slides from the webinar and the webinar …

Nordic Balancing Model News / webinar

15 min Imbalance Settlement Period webinar, hosted by Nordic TSOs

15 min Imbalance Settlement Period – webinar 7 June 2021, 13:00-14:30 CET. This webinar gives an introduction to the implementation of a 15 minute imbalance settlement period in the Nordic …

NBM
Nordic Balancing Model News

Go-live date for 15-minute imbalance settlement period has been confirmed: 22.05.2023

The Nordic TSOs requested derogation from implementing the 15-minute imbalance settlement period (ISP) until 22.05.2023. The Nordic NRAs have granted the derogations according to the derogation requests, and the common …

NBM
Nordic Balancing Model News

Nordic Roadmap updated – 15 min ISP unchanged

Based on the latest reassessments and information, changes have been made to the NBM roadmap. The reassessment of the mFRR energy activation market has shown that the transition to the automated Nordic mFRR energy activation market will have …

NBM
Nordic Balancing Model News

Nordic TSOs: 15 minutes balancing period from 22 May 2023

The Steering Committee of the NBM today confirmed the TSO position on timing in the NBM roadmap to implement 15 minutes imbalance settlement period (ISP) in Q2 2023. The agreed …

NBM
Nordic Balancing Model News

The Nordic TSOs confirm the need for longer implementation time of 15 minutes imbalance settlement period

The information was given at the Nordic TSOs’ Solution workshop in Copenhagen on April 26th, following up on the press release published by the Nordic transmission system operators on March …

NBM
Nordic Balancing Model News

Risk of delay in the implementation of 15 min imbalance settlement period in the Nordics

In March 2018 the Nordic TSOs agreed on an ambitious roadmap for the new Nordic Balancing Model (NBM). The first important milestone is the common Nordic aFRR capacity market in …

NBM
Nordic Balancing Model News

NORDIC TSOS: 15 MINUTE IMBALANCE SETTLEMENT BY 2020

The common Nordic power market has provided huge benefits for more than 20 years. Among the next steps in this cooperation is the move from 60 to 15 minutes markets …

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Related News

  • 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
  • Confirmation of mFRR EAM go-live March 4th, 2025March 3, 2025
  • Test data from mFRR EAM shadow operationFebruary 25, 2025
  • Pricing issue in Nordic mFRR EAMFebruary 20, 2025
  • Confirmation of mFRR EAM go live March 4th 2025February 12, 2025
  • Updated Go-Live Plan for 15-Minute Energy MarketsDecember 20, 2024
  • Transition of intraday trading to 15-minute resolution on Finland and Estonia’s Estlink connection on 22.1.2025December 5, 2024
  • Memorandum: Algorithm description – Nordic mFRR EAM bid selection – updated versionNovember 20, 2024
  • Trilateral capacity market for mFRR is liveNovember 19, 2024

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