Long-Term Acquisition Of Frequency Reserves

  Address - Estonia

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 18916348

  Document Type - Tender Notices

Description - Description: In order to ensure the stability of the Estonian electricity system, Elering acquires a new mFRR to increase the product supply capacity. According to the procurer, the best measure to achieve this is to acquire the said reserves under a long-term contract. The object of the contract is, among other things, the market price of the mFRR upstream capacity product CfD, which the procurer guarantees to the successful bidders. This is both a price ceiling and a price floor (if the market price is lower than the subject of the contract, the Purchaser will compensate the price difference to the successful bidder, and if the market price is higher than the subject of the contract, the s

Gt Ref Id - 18916348

Deadline - Apr 14, 2025