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FINGRID CORPORATION has floated a tender for Transmission System Operator Electricity Market Management it System for Balancing. The project location is Finland and the tender is closing on 08 Aug 2025. The tender notice number is 525787, while the TOT Ref Number is 124163000. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country: Finland
Summary: Transmission System Operator Electricity Market Management it System for Balancing
Deadline: 08 Aug 2025
Other Information
Notice Type: Tender
TOT Ref.No.: 124163000
Document Ref. No.: 525787
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Login to see detailsTender Details
The procurement object is the Finnish Transmission System Operator Fingrid's Market Management System for Balancing. The system is used for managing several different electricity reserve market products as well as balancing and managing transfer capacity. Further details of the system to be procured can be found in the Procurement Object document attached. The product will operate the following markets: - Fast Frequency Reserve (FFR) - Frequency Containment Reserve for Disturbances (FCR-D) - Frequency Containment Reserve for Normal operation (FCR-N) - Automatic Frequency Restoration Reserve (aFRR) - manual Frequency Restoration Reserves (mFRR)Some of the markets are primarily operated in joint Nordic or European market places. For these, the procured system acts as a national fallback system. The system will handle standard market functionality such as bid submission, bid processing, bid selection and market clearing. Fingrid utilizes the products in the markets for balancing and transmission management activities. The procured system serves a significant portion of the Fingrid's balancing process functionality. This includes for example calculating the energy activation need as well as determining the required energy bid selections. Also determining the cross-zonal capacity for Day-ahead, Intraday and mFRR is a part of the system's functionality. Transmission management in the procured system consists mainly of control scheduling of the interconnector links as well as tran...
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Procurement Documents for Finland
Access a comprehensive library of standard procurement documents specific to Finland. Here, you'll find all the essential forms, guidelines, and templates required for tender applications and submissions in Finland
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