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PICASSO

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Nordic Balancing Model News

The Danish connection to the European aFRR platform PICASSO is delayed

Energinet has previously announced that we expected to join the European aFRR platform, PICASSO, on 28 May 2024. Energinet regrets to announce that the Danish connection has been delayed until …

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Nordic Balancing Model News

Option space for future imbalance pricing in the Nordics – informal feedback and input welcomed

As a follow-up to the webinar on future imbalance pricing the 8. February 2023, we are now publishing a document describing the option space for future imbalance pricing in the …

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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 …

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Nordic Balancing Model News

Workshop on MARI and PICASSO implementation

MARI and PICASSO are the TSOs’ projects for establishing the European mFRR and aFRR platforms, two key deliverables of the European regulation establishing a guideline on electricity balancing (the ‘EB …

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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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