Frequency Restoration Reserves Agreement Sample Contracts
Agreement on a Nordic Market forFrequency Restoration Reserves Agreement • November 7th, 2016
The introduction of Frequency Restoration Reserves with automatic activation is important for the operation of the Nordic synchronous area. In order to ensure that the common Nordic market for aFRR becomes operative at the earliest possible point in time, the signature process was engaged before all the referenced Appendices were completed. This specifically refers to initialising the IT implementation procurement and implementation of relevant IT systems, as well as the agreements with the market operators and the hosting agreements.