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DatasetsDown-regulation price in the Balancing energy market

Down-regulation price in the Balancing energy market. The price of the cheapest regulating bid used in the balancing power market during the particular hour; however, at the most the price for price area Finland in Nord Pool Spot (Elspot FIN). Down-regulating price in Finland is the price of the most expensive down-regulating bid used in the Balancing energy market during the hour in question; however, it is at the most the day ahead market price for the price area Finland. Down-regulating price for each hour is published hourly with one hour delay, eg. information from hour 07-08 is published at 9 o'clock. Balancing energy market is market place for manual freqeuency restoration reserve (mFRR) which is used to balance the electricity generation and consumption in real time. The Balancing energy market organized by Fingrid is part of the Nordic Balancing energy market that is called also Regulating power market. Fingrid orders up- or down-regulation from the Balancing energy market. Down-regulation considers increasing of consumption or reducing of generation.

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Dataset

Unit

EUR/MWh

Data period

1 h

Dataset ID

106

Status

Active

Valid from

1.1.2014

Additional information

Contact persons

Otso-Ville Rinne (Otso-Ville.Rinne@fingrid.fi)

Organization

Fingrid

License

Keywords

Down-regulating price, mFRR, Down-regulation, Manual frequency restoration reserve, Balancing power, Balancing energy, Regional price, Balancing energy market, Down-regulation bid

Content groups

Balancing energy

Example data

Format