Procurement of FCR-D downwards and mFRR down to increase from 1 July
The procurement of FCR-D downwards increases to 220 MW and the procurement of mFRR down to 225 MW from the beginning of July.
Fingrid is increasing the procured volume of the Frequency Containment Reserve for Disturbances, Downwards (FCR-D downwards) from 200 MW to 220 MW and the procured volume of the manual Frequency Restoration Reserve (mFRR) down-regulation capacity from 200 MW to 225 MW starting from 1 July.
FCR-D downwards was implemented in the Nordic countries at the beginning of 2022. The volume needed in the Nordics is a maximum of 1,400 MW, of which Fingrid’s share is approximately 280 MW. The market-based procurement will be increased gradually. These volumes will next be assessed for the fourth quarter of 2023.
Ensuring the down-regulation capacity of the manual Frequency Restoration Reserve (mFRR) was started on 11 January 2023 in the hourly balancing capacity market. Fingrid’s objective is to use the capacity market to ensure sufficient down-regulation volume for situations where electricity production exceeds demand. The procured volume will be assessed in the future according to the supply and need for procurement.
Further information:
Pia Ruokolainen, Fingrid, tel. +358 30 395 5105 (FCR-D)
Otso-Ville Rinne, Fingrid, tel. +358 30 395 4142 (mFRR)
Email addresses are in the form firstname.lastname@fingrid.fi
More information also:
Fast Frequency Reserve (FFR):
https://www.fingrid.fi/en/electricity-market/reserves_and_balancing/frequency-containment-reserves/
Balancing energy and balancing capacity markets (mFRR):
https://www.fingrid.fi/en/electricity-market/reserves_and_balancing/balancing-energy-and-balancing-capacity-markets/