Sweden, Denmark and Finland have today introduced a trilateral mFRR capacity market. The new market will enable the exchange of mFRR balancing capacity across bidding zones.
The trilateral capacity market will enable the transmission system operators (Svenska kraftnät in Sweden, Energinet in Denmark and Fingrid in Finland) to secure sufficient mFRR resources in a more functional and cost-effective way.
The trilateral capacity market is a development of the national capacity markets for mFRR. The market design as well as technical principles for sending bids are not affected by this development. All three countries, in their national markets, have procured mFRR balancing capacity, based on the same set of market frames and methodologies.
By integrating the three national markets, the market participants will get access to a larger market, since cross-zonal trading is enabled. Procurement plans will be updated continuously, as they are today.
Implementation guides can be found here
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