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POWER: Batlics Join EU Balancing Market Platform

POWER
BulletPower BulletsEnergy BulletsCommodities

Baltic operators AST, Elering, and Litgrid will join the European MARI platform from Oct, supporting a unified balancing market and Baltic energy independence ahead of their Feb 2025 disconnection from the Russian system, Latvian TSO AST said today.

  • With the switch to MARI, the trading interval will shift from one hour to 15 minutes, allowing smaller participants to enter the market with more flexible offers.
  • A 15-minute trading interval is also planned for day-ahead and intraday electricity markets.
  • The new balancing market will offer additional revenue streams for market participants and expand access to balancing resources for transmission operators, supporting energy system stability.
  • The Baltic balancing capacity market, set to launch in early 2025, will further expand balancing supplier options and encourage investment in balancing reserve infrastructure.
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Baltic operators AST, Elering, and Litgrid will join the European MARI platform from Oct, supporting a unified balancing market and Baltic energy independence ahead of their Feb 2025 disconnection from the Russian system, Latvian TSO AST said today.

  • With the switch to MARI, the trading interval will shift from one hour to 15 minutes, allowing smaller participants to enter the market with more flexible offers.
  • A 15-minute trading interval is also planned for day-ahead and intraday electricity markets.
  • The new balancing market will offer additional revenue streams for market participants and expand access to balancing resources for transmission operators, supporting energy system stability.
  • The Baltic balancing capacity market, set to launch in early 2025, will further expand balancing supplier options and encourage investment in balancing reserve infrastructure.