Free Trial

POWER: Nordic TSOs to Increase aFRR Procurement to 500MW

POWER

Nordic TSOs have decided to increase the procurement of automatic frequency restoration reserve (aFRR) to support the introduction of the 15-minute mFRR energy market.

  • Starting from 3 March 2025, the target for the total aFRR maintained in the Nordic countries will be 500MW for both up and down regulation, with Fingrid's share varying between 75-80MW.
  • The is up from 200–400MW currently, with Fingrid's share varying between 30–60MW
  • Nordic TSO confirmed that they will launch the automated 15-minute mFRR energy market on 4 March, with backup dates set for 6 March or 11 March in case of extreme weather or major system disruptions, Fingrid said on 12 February.
104 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Nordic TSOs have decided to increase the procurement of automatic frequency restoration reserve (aFRR) to support the introduction of the 15-minute mFRR energy market.

  • Starting from 3 March 2025, the target for the total aFRR maintained in the Nordic countries will be 500MW for both up and down regulation, with Fingrid's share varying between 75-80MW.
  • The is up from 200–400MW currently, with Fingrid's share varying between 30–60MW
  • Nordic TSO confirmed that they will launch the automated 15-minute mFRR energy market on 4 March, with backup dates set for 6 March or 11 March in case of extreme weather or major system disruptions, Fingrid said on 12 February.