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Closed European Union Supplies

Transmission System Operator Electricity Market Management IT System for Balancing

Buyer: Fingrid Oyj

Published
27 September 2024
Procedure
Negotiated procedure
Lots
1
Documents
1
Notice number
00582548-2024
Reference
cfa9e608-e8a2-476e-b4c0-9b502fe3c239
Official source
Official source

CPV codes

Description

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 activati…

Award criteria

Official publications

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The contracting authority is Fingrid Oyj (European Union).
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Data collected from official public procurement sources. Amounts as published by the buyer.