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10.3.2025 11:14
Current News, Electricity Market

Go-live of 15 min Intraday Cross-Border Trading in the Nordics on 18/03 for delivery on 19/03

The Nordic TSOs, NEMOs and Nordic RCC have confirmed their readiness for the go-live of the 15-minute Intraday trading on the Nordic internal and external borders*. Imbalance pricing in the Nordics and bidding zone resolution in Norway will transition to 15-minute granularity at the same time.

Intraday market consists of continuous trading and auctions held three times a day. As of 18/03 (first trading day, with delivery date on 19/03), the four Nordic TSOs, EPEX SPOT, Nord Pool EMCO and the Nordic RCC will enable cross-border Intraday trading in 15-minute resolution. This transition is part of the SIDC (Single Intraday Coupling) Wave 5 together with Bidding Zones Spain, Portugal and cross-borders: ES-FR, ES-PT, CZ-PL, DE-PL, SK-PL, RO-BG, RO-HU

Simultaneously the pricing of mFRR energy and imbalance pricing will transition to 15-minute resolution. The change will take place at midnight between 18th and19th of March (00:00 CET, or 01:00 for EET). At the same moment, the imbalance settlement period in Norway will change to 15-minute resolution enabling NEMOs to offer 15-minute MTU SIDC IDA and continuous products in Norway as well. (For a detailed explanation on the change see eSett press release)

Paired with the 15-min MTU change, the ramping limit (the maximum power flow change between two MTUs) shall decrease on Kontek & Kriegersflak CGS (DK2-DE), NordBalt (LT-SE4) and SwePol (SE4-PL) (from current 600 MW/MTU) to 300 MW/MTU in the Intraday and Day-Ahead markets.

Link to Nordic press release

*except EstLink which is already in 15-minute resolution

More information

Marja Eronen, p. 030 3954457