The balancing power market
(7/14/2011)
There must always be a balance between the supply and consumption of electrical power. In the balancing power market, the participants bid a price to alter production or consumption. This is used when any imbalances arise in the power system.
When there is a balance between the supply and the consumption of electrical power, the frequency of the voltage in the Nordic power system is 50.00 Hz.
Regulating power prices and volume
By selecting ‘Table’ on the graph page, you can view the prices for balancing power and the volume that is traded on this market.
