With the introduction of the balancing energy market, the market for mFRR will be divided into two separate stages: balancing capacity and balancing energy tendering.
In the balancing capacity tendering procedure, market participants offer pre-qualified capacities, which they must also offer on the balancing energy market, in case the bid is accepted. In addition to the capacity, a bid for mFRR capacity is characterized by the capacity price. The bids submitted are ranked in ascending order (Merit Order List for capacity). The most favorable bids for APG are finally accepted - in accordance with the published award criteria and requirements - for the capacity reserve.
The second stage of the market is formed by intraday balancing energy tenders (balancing energy market). Here, providers can adjust the energy prices already submitted in the capacity tender or offer other pre-qualified capacities, independently of the balancing capacity tender. The bids submitted are again ranked in a merit order list according to their energy price.
In the event of the need for mFRR in the APG control area, the next available bid from this list is called up. The activation of mFRR is based exclusively on demand from APG and takes place for at least 1 minute and within the framework of a web-based automatic activation solution (AutoMOT).
Further information can be found under ‘AutoMOT Downloads’ on the subpage ‘Tenders’