The Baltic TSOs launch a public consultation on the Baltic balancing capacity market proposal

Market

On  January 21, 2021, JSC "Augstsprieguma tīkls" together with the other Baltic transmission system operators (TSOs) prepared and published the Baltic Load-Frequency control block (LFC block) concept, which described plans for establishing and implementation of methodologies and processes necessary for operation of Baltic LFC block, including introduction of common Baltic balancing capacity market. Baltic TSOs have prepared common proposal for Balancing capacity market pursuant with Article 33(1) and Article 38(1) of the Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing (hereinafter – Proposal for Baltic balancing capacity market ).

The Baltic TSOs are seeking input from stakeholders and market participants on the Proposal on balancing capacity market rules, provided feedback will be assesed by Baltic TSOs and answers to the questions and comments will be provided together with updated Baltic balancing capacity market proposal. Please take note that comments received during the public consultation may be kept anonymous, if the party providing comments indicates to remain anonymous.

Public consultations on the Baltic balancing capacity market proposal will take place from 19 October to 20 November this year (inclusive). The materials can be found on the websites of the Baltic TSOs. The Baltic TSOs will jointly review the results of the public consultation and prepare the finalized Baltic capacity market proposal.

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