National mFRR capacity market has been expanded from national capacity market to Nordic capacity market

Fingrid, Svenska Kraftnät and Energinet have successfully combined each national mFRR capacity market to one Nordic mFRR capacity market. 

Inauguration of trilateral mFRR capacity market is the second and, for now, last step towards Nordic mFRR capacity market after last week’s transfer of national mFRR capacity market to the new Nordic market platform. 

Three national mFRR capacity markets were combined to a trilateral Nordic mFRR capacity market by enabling the allocation of cross-zonal capacity between the three countries. For capacity markets, 5 % of transmission capacity can be allocated from SE1 to FI  5%, and 10 % of transmission capacity from FI to SE1. This allocated capacity will first be used on the Nordic aFRR capacity market, with the remaining capacity from this market being allocated to the trilateral mFRR capacity market. 

With the capacity acquired from the MFRR capacity market, Fingrid ensures that sufficient frequency restoration reserve is available at any given time to maintain the power balance between production and consumption and to ensure the system security of the electricity transmission network. Balancing capacity for the market is provided by various reserve suppliers. 

More information:  

Joonas Muikku, Fingrid Oyj, tel. 040 630 5157 
Email addresses are firstname.lastname@fingrid.fi