Elia Joins Europe’s Biggest Market for Frequency Containment Reserve

6/15/2016

As of the beginning of August 2016, Belgian TSO Elia will join the existing international cross border FCR cooperation of the German, Dutch, Swiss and Austrian TSO’s.

A first common FCR procurement amongst above mentioned TSO partners will be held for the delivery period of the 1st week of August 2016. As of the first common auction the weekly total FCR-demand procured will include maximally 70% of the Belgian FCR obligation (weekly variable volume of max. 51 MW) as well as the participation of the Belgian BSPs via the internet platform regelleistung.net to the common FCR procurement. This information will also be published on the APG website.

Due to more liquidity and greater competition the cooperation has experienced less price peaks and positive effects on the average prices for FCR. Hence the expansion of ELIA represents a next step towards a regional and European interlacing of balancing markets and is compliant with  the Guideline on Electricity Balancing (in draft). As ENTSO-E pilot project n°2 this cooperation also seeks further extensions. French Transmission System Operator RTE has already shown interest joining the common FCR procurement in 2017.