15.4.2020 13:20
Electricity Market, Current News

Minimum bid size of 1 MW will be applied in balancing energy market until end of 2020

A pilot for a smaller bid size in balancing energy market which began in October 2019 will be continued until end of 2020. The goal of the pilot is to ease entry to the balancing energy market and the transition towards the European balancing markets.

Each balancing service provider may place one bid that is smaller than 5 MW to the balancing energy market per operational hour. During the pilot minimum bid size is 1 MW. A condition for participation is that the balancing service provider has electronic activation of balancing energy bids available. The pilot period will last at least until end 2020, unless stated otherwise. We will inform more about the pilot later this year.

 

More information:
Otso-Ville Rinne, Fingrid, tel. +358 30 395 4142