The EU Agency for the Cooperation of Energy Regulators (ACER) has revised and approved the all Transmission System Operators' (TSOs') proposal to amend the implementation frameworks for the European balancing platforms for the exchange of balancing energy from automatic and manual frequency restoration reserves (aFRR, mFRR) and for the imbalance netting.
The implementation frameworks for the European balancing platforms provide the rules for the efficient cross-border exchange of balancing energy from frequency restoration reserves with automatic activation (aFRR) and manual activation (mFRR) and for the imbalance netting. This fosters the liquidity of balancing markets, lowers the cost of balancing energy at European level by using the cheapest resources, and contributes to operational security.
What are the main elements of ACER's Decision?
ACER amended the TSOs' proposal to further specify the designation of the entities performing relevant functions of these platforms, ensuring the efficient and effective governance, operation and regulatory oversight of these platforms.
The main changes introduced by ACER are:
- establishment of a joint steering committee for all three platforms,
- requirements on an annual work program, and
- requirements to ensure proper fall-back and backup mechanisms.
Please find more information here.