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Long-Term Acquisition Of Frequency Reserves

Elering AS Estonia has Released a tender for Long-Term Acquisition Of Frequency Reserves in Engineering. The tender was released on Aug 30, 2024.

Country - Estonia

Summary - Long-Term Acquisition Of Frequency Reserves

Deadline - Apr 14, 2025

GT reference number - 92111720

Product classification - Electrical services

Organization Details:

  Address - Estonia

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 92111720

  Document Type - Tender Notices

Notice Details and Documents:

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. It 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 suc

Gt Ref Id - 92111720

Deadline - Apr 14, 2025

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