Fusebox Ensures MARI Compliance with 15-Minute mFRR Bidding

Overview

With the Baltic states now live on the MARI platform, flexibility operations in the region are entering a new era of precision and efficiency. Fusebox is ready to support this exciting shift with a fully optimized VPP capable of managing 15-minute resolution bids. This upgrade is a game-changer for the Baltics, bringing adaptable pricing and enhanced control across the entire mFRR process—from asset forecasting and bidding to reporting.

Our software has been designed to meet the demands of this new landscape, ensuring smooth integration with MARI and helping energy players maximize their opportunities in the evolving mFRR market.

Key Changes

• Enhanced mFRR Offer Pricing Logic: New pricing schemas support differing resolutions between energy prices (typically 60-minute) and TSO products (15-minute), ensuring precise market offer pricing.
• Improved Flexibility Forecasting and Market Offers: Flexibility forecasting and market bids now operate with a 15-minute resolution, enabling more accurate, real-time insights.
• 15-Minute TSO-Activated Bids: TSO-activated bids are dispatched within 15-minute intervals, enhancing market responsiveness and precision.
• Expanded 15-Minute Reporting: Consistent 15-minute granularity across reports enhances transparency and data accuracy in performance analysis.

Use Case

Starting in 2024, while Baltic energy prices remain on a 60-minute basis, bids will transition to a 15-minute resolution. Energy values will be replicated for each 15-minute interval, ensuring bid accuracy with shorter-resolution demands.

Example Bid Schedule

This table demonstrates the 15-minute intervals generated by our system, showcasing precise bid timing for improved market alignment.

Impact

The shift to a 15-minute resolution boosts precision for Baltic bids, optimizing flexibility and meeting evolving market requirements. This enhancement builds a robust framework for dynamic forecasting, bidding, and reporting, empowering more strategic decision-making and market adaptation.