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Reserve market development

Reserve markets are being developed both nationally and internationally, and both national and European legislation regulate the development of reserve markets. Below is a list of recent and upcoming changes in the reserve markets, as well as other changes in the electricity markets that impact the reserve markets: 

Date 

Market Change 

12.6.2024 

Introduction of the aFRR energy market - Change in imbalance price calculation 

29.10.2024 

Nordic Flow-based capacity calculation 

19.11.2024 

Expansion of the mFRR capacity market to FI + SE + DK 

10.2.2025 

Compensation for activated energy in FCR-N to BSP instead of BRP 

4.3.2025 

15-minute mFRR energy market 

18.3.2025 

15-minute cross-border trading in the Intraday market 

19.3.2025 

15-minute imbalance price 

26.3.2025 

Finland's connection to PICASSO 

5.6.2025 

Independent aggregation in the aFRR markets 

11.6.2025 

15-minute Day-ahead market