Aims to harmonize and align with international ambitions Wider the - - PowerPoint PPT Presentation

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Dec 11, 2023 740 likes •793 views

Aims to harmonize and align with international ambitions Wider the balancing markets Give better price signals Five party agreement signed on March 9 th 2018 How will tomorrows balancing concept work? Current Nordic balancing model New

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Aims to harmonize and align with international ambitions

Wider the balancing markets Give better price signals Five party agreement signed on March 9th 2018

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How will tomorrows balancing concept work?

Current Nordic balancing model – 50 Hz for the whole region New balancing concept – balanced ACE for each sub region

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Concept responds to system changes and European frameworks

Closure of thermal power plants Increased share of wind power Decommissioning of Swedish nuclear power plants Increased interconnector capacity out of the Nordic power system Alignment with EU network codes and integration with future European platforms taken into account

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2018 2019 2020 2021

Merit order activation aFRR ACE based Balancing Frequency based Balancing Automatic optimization mFRR Manual operator decisions from the frequency leader Partly ACE-based balancing (mFRR) Pro-rata activation aFRR based on frequency MARI PICASSO Nordic capacity market aFRR SOGL to NRAs 14 Sep New SOA operational Nordic capacity market mFRR Proactive mFRR activation per LFC area 15 min ISP Nordic AOF for mFRR Dimensioning principles fully implemented Nordic AOF for aFRR Nordic energy market aFRR Nordic aFRR procurement