From 1 June 2021 (delivery day), RTE is setting up a daily call for tenders for contracting manual frequency restoration reserves and replacement reserves.
In accordance with Commission Regulation (EU) No 2019/943 of 5 June 2019 on the internal market for electricity, RTE must contract part of its manual frequency restoration and replacement reserve requirement one day before the provision of the balancing capacity with a contracting period of no longer than one day.
As such, RTE will contract at least 500 MW of its manual frequency restoration and replacement reserve requirement (corresponding to one third of the total volume of the need) through a day-ahead call for tenders. The first gate closure of this day-ahead tender will be held on 31 May 2021 for a June 1, 2021 first delivery day.
Procedure for day-ahead call for tenders
Contracting of manual frequency restoration and replacement reserve type products through a day-ahead call for tenders takes place after the contracting of frequency containment reserve products (FCR) and automatic frequency restoration reserve products (aFRR) and before the closing time of the auction of the day-ahead markets, set at 12PM.
From 31 May 2021, the day-ahead gate closure for manual frequency restoration and replacement reserves will therefore take place every day at 10AM in D-1 and publication of the results no later than 10:30AM. The opening of the day-ahead gate for manual frequency restoration and replacement reserves allowing submission of bids for a delivery day D will take place on D-8 at 10AM.
Terms for participation
Only balancing service providers can participate to the manual frequency restoration reserve and replacement reserve calls for tenders.
The procedures for the day-ahead call for tenders are described in Article 3.5 of the mFRR-RR terms and conditions. There is no specific tender regulation for the day-ahead call for tenders.
An IT guide is published on the webpage Respond to the manual frequency restoration reserve and replacement reserve calls for tenders. This guide explains the procedures for submitting bids and details the operation of the platform through which market participants submit their bids.
Connection to the platform
Permission to the RACOON application is required in order to be able to participate in the day-ahead call for tenders. A permission request with the list of expected users must first be sent to RTE and requires a PKI certificate for each of the required users. For users who do not yet have PKI, a creation request can be made upstream on the RTE Service Portal.
Publications of the call for tenders results
The results of the daily call for tenders will be published on the RTE Services Portal in accordance with the following terms:
- Total volume retained and marginal price for each product at 30 minute intervals
- Downloadable history file on each year
The data will also be available by API (Balancing Capacity).
May 28, 2021