20.6.2022

ACER to decide on extending the application of the Forward Capacity Allocation methodologies to Fingrid

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Electricity transmission line, view from the ground

ACER to decide on extending the application of the Forward Capacity Allocation methodologies to Fingrid

What is it about?

The EU Agency for the Cooperation of Energy Regulators (ACER) has initiated the procedure to decide on the Transmission System Operators (TSOs)’ proposal to amend the Forward Capacity Allocation methodologies related to:

  • the establishment of a Single Allocation Platform and the requirements for sharing the costs of its establishment and operation
  • the Congestion Income Distribution

The proposals aim at amending the scope of these methodologies so they can apply to Fingrid, the Finnish TSO.

What are the benefits?

The amended methodologies will enable the issuing of long-term transmission rights on the Finnish – Estonian bidding zone borders and therefore provide the long-term cross-zonal hedging opportunities needed by the Baltic market participants.

How does ACER contribute?

ACER ensures that the amendments proposed by all-TSOs are in line with the Forward Capacity Allocation guideline and fulfil the legal obligations. 

ACER must reach a decision by 26th October 2022. However, it aims to decide on this matter by 13th July 2022.

Access the Public Notice.