The capacity market for frequency reserves necessary for synchronization opens on February 4

The Baltic system operators have confirmed the opening of the capacity market for frequency reserves, with the first auction date set for February 4.

The opening of the capacity market for frequency reserves is an important step in synchronizing the Baltic electrical systems with the Continental European frequency area. The market's goal is to ensure that the Baltic system operators have sufficient reserves to keep the power system balanced in accordance with the requirements of the Continental European frequency area.

The Baltic system operators will jointly procure frequency containment reserve (FCR), automated frequency restoration reserve (aFRR), and manual frequency restoration reserve (mFRR) from flexible market participants on a daily basis. To facilitate the efficient sharing of reserves between Baltic system operators, transmission capacity will be reserved at the Estonian-Latvian and Latvian-Lithuanian borders.

Watch a short video to learn more about frequency reserves and their purpose: https://youtu.be/r5n7vFO_nAw.