Elmarknadsrådet

Svenska kraftnät‘s advisory council for electricity market participants. A non-decision-making forum where Svk presents ongoing market development work, consults on upcoming changes, and receives input from market participants.

Purpose and role

Elmarknadsrådet is one of Svk’s five advisory councils, mandated by Svk’s own arbetsordning §4. The GD (Generaldirektör) appoints members and decides on the council’s more detailed activities. (Source - Elmarknadsrådet Website and Arbetsordning (2025-2026))

The arbetsordning states the ambition to use the council in early stages of market design and development (“tidiga skeden”). It provides a structured channel for dialogue between Svk and a cross-section of market actors. Svk uses it to:

• Present the market development roadmap and flag upcoming changes
• Consult on new contracts, conditions, and balancing market rules (e.g. BSP/BRP agreement changes ahead of remiss)
• Share operational information (driftläge, grid reinforcement schedules, congestion data)
• Receive industry perspectives on design choices before they are finalized

The council is an advisory body (“rådgivande organ”). The forum complements (does not replace) public consultations and specialist reference groups — for deep technical work, Svk uses separate referensgrupper and expertgrupper. The council also helps identify personnel for those expert groups.

Information to be given in the council (per the arbetsordning):

• Level of transmissionsnätstariff, balansansvarsavgift, and strategisk reserv fee
• Changes to BSP/BRP agreements and major changes to eSett settlement agreements

Membership

Composition requirements

The Arbetsordning (December 2025) specifies the seat allocation across seven categories (elnätsföretag, elproducenter of varying size and portfolio type, balansansvariga/elhandelsföretag, leverantörer av balanstjänster, större elanvändare, and one seat each for Energiföretagen Sverige and Svenskt Näringsliv):

Nomination process: Energiföretagen nominates DSOs, BRPs, suppliers, and producers + own rep; Svenskt Näringsliv nominates large users + own rep; BSP seats via open nomination on svk.se; Svk makes final decisions. 2-year mandates, renewable. Half the members rotate even years, half odd years for continuity. Svk aims for at least 40% of members from each gender. External members are appointed after nomination of one female and one male candidate from the organisation concerned.

Member history

The BSP seat changed between 2025 and 2026. In 2024 and 2025 the single BSP seat was held by Lars Skoglund (Ntricity). At the 7 May 2025 meeting Skoglund reported that Ntricity had been put into bankruptcy a couple of weeks earlier: it was a startup about to take its next growth step, its previous owners could not agree, and bankruptcy was chosen so that a new owner could buy the company; he remained as VD. He is still listed as Ntricity’s representative at the September and November 2025 meetings. At the first 2026 meeting the council was expanded by an additional BSP seat, with Emma Hellström (Flower) and Erik Wallnér (CheckWatt) presented as new members; the arbetsordning provides for open nomination on svk.se for BSP seats. (Source - Elmarknadsrådet Meetings 1 and 2 2025 (Feb-May))

In 2024 the elanvändare seat was held by Filip Englund (Holmen) — replaced by Paola Zetterberg (Ovako) from 2025. (Source - Elmarknadsrådet Meetings 1 and 2 2024 (Feb-May))

In 2024 the DSO seat held by Daniel Köbi (Jämtkraft elnät) — attended by Thorsten Handler (also Jämtkraft elnät) from Meeting 2/2025, and by 2026 the listed member is Johanna Barr (Jämtkraft), who was on parental leave at Meeting 1/2026, where Handler attended in her place. (Source - Elmarknadsrådet Meeting 1 February 2026)

In 2024 Anna Jäderström served as acting chair (tillförordnad ordförande) for meetings 1 and 2 while Malin Stridh was tf chef for Division System. Malin Stridh returned as chair at meeting 3 (September 2024), after Eva Vitell was appointed new Division System chief on 21 May 2024. (Source - Elmarknadsrådet Meetings 1 and 2 2024 (Feb-May), Source - Elmarknadsrådet Meetings 3 and 4 2024 (Sep-Nov))

In 2025 the producent seat for Bixia was held by Morgan Andersson (Meetings 1–2) and then transferred to Anders Larsson (from Meeting 3/2025 onward). (Source - Elmarknadsrådet Meetings 3 and 4 2025 (Sep-Nov))

Current members (2026)

The arbetsordning says BSP representation is nominated openly via svk.se “för att nå ut brett” (to reach broadly); the documents do not say how Flower and CheckWatt specifically were selected. (Source - Elmarknadsrådet Website and Arbetsordning (2025-2026))

Deliberate exclusions

Previously represented: Energimyndigheten, Energimarknadsinspektionen (Ei), and Nord Pool. Under the arbetsordning none of them is now an ordinary member:

• Svk reduced the number of participants and prioritised actors directly affected by its market development work
• Ei will not be an ordinary member given its role as supervisory authority (tillsynsmyndighet); can be invited to relevant agenda items
• Energimyndigheten likewise not an ordinary member, given the agency’s mandate (“uppdrag”); can be invited
• Power exchanges excluded because multiple elbörser are now active in Sweden and cannot represent each other; Svk engages them through separate joint forums

Meeting cadence and procedure

Normally four meetings per year; extra meetings can be held if needed. Unless otherwise agreed, physical meetings at Svk’s office in Sundbyberg; no member compensation or travel reimbursement.

Procedural timeline: 14-day advance notice with preliminary agenda; member items submitted by day 10 before; final agenda and materials sent 7 days before. Minutes distributed within 2 weeks; members have 7 days to comment; then approved and published on svk.se.

2026 schedule:

Topics covered (2024)

All four 2024 meetings tracked a dense pipeline: Flowbased go-live, the mFRR EAM launch (postponed from December), two procurement reports (kompensationsmodell, kapacitetsåtgärd), and the BSP/BRP contract split. Full detail: Source - Elmarknadsrådet Meetings 1 and 2 2024 (Feb-May), Source - Elmarknadsrådet Meetings 3 and 4 2024 (Sep-Nov).

Market structure:

• FCR marginal pricing from February 1, 2024 — all accepted bids paid at margin; Svk cost increase accepted as price for price-efficient procurement
• BSP/BRP contract split May 1, 2024 (structure-only; independent BSP deferred); Ei föreläggande answered October 1; independent BSP by 2028 confirmed November 2024
• Intraday auctions (IDA) go-live June 13, 2024 at 60-min MTU; initially low liquidity due to limited capacity allocation
• EPAD pilot (Svk EPAD auctions for SE2–SE4; see EPAD Auctions) active all year; 22,000 GWh supplied through 2023; SE-LT methodology submitted November

Grid infrastructure:

• Flowbased capacity calculation go-live October 29, 2024 — first day capacities delivered to market October 30; first weeks showed non-intuitive flows (SE2 CNEC as binding constraint — see the welfare-economics mechanism behind non-intuitive flows), snitt 2 and snitt 4 flows ~30% higher vs pre-flowbased; EPAD premiums increased
• HVDC pole reversal mitigation: implicit losses on Kontiskan approved; ramp restrictions on SwePol, Kontiskan, Fennoskan; intraday countertrading via portfolio manager
• Wind curtailment event (week 32, August 2024): 1,200 MW sudden curtailment at negative spot prices → frequency outside normal operation; raised concern about BRP contract compliance for large production changes

Nordic balancing market:

• Trilateral mFRR Capacity Market (SE+FI+DK) launched November 19, 2024 — trading successful; southern Sweden supported via Finland and Denmark
• mFRR EAM postponed from December 2024 to March 4, 2025 (announced November 2024)
• Överbelastningsreserv procurement replacing störningsreserv; contracts from January 2025; production + consumption + systemdriftskompensation in scope
• Obalansanalys: 10-year increase in imbalances; SE2 shows largest growth; 800% increase in average hourly wind production; 90% of trading 12–36 h before delivery

Regulation and government assignments:

• Kompensationsmodell: report submitted to Government September 2, 2024; two recommended models (Flera leveranspunkter, Korrigerad faktura); FSP role proposed; spotprice as compensation; 4–6 years for central system
• Kapacitetsåtgärd: new Svk concept for bridging grid connection backlog with flexibility procurement; pilot intention in Västra Götaland; decision on go-ahead around year-end 2025
• Tarifföversyn: four-component tariff (Ei föreskrifter); apply by January 1, 2027; reactive power component requires Ei dispensation
• LMA2024: four scenarios; high-load scenarios show Sweden moving from net exporter to net importer; expansion of snitt 1 valuable across all scenarios
• Elmarknadsutredning: Bo Diczfalusy appointed chair; report due April 2025

Topics covered (2025)

All four 2025 meetings were dominated by the mFRR EAM and 15-min transition consequences, plus the strategisk reserv failure. Full detail: Source - Elmarknadsrådet Meetings 1 and 2 2025 (Feb-May), Source - Elmarknadsrådet Meetings 3 and 4 2025 (Sep-Nov).

Balancing market reforms:

• mFRR EAM go-live (March 4, 2025) — operational stress, a widened mFRR-spot spread (a participant slide cites up to 400%, not a Svk figure), equipment wear, manual price corrections throughout the year
• 15-min intraday launch; 15-min DA go-live (September 30, 2025)
• mFRR price cap consultation (November 2025) — two alternatives (bid cap vs imbalance price cap at ±5,000 EUR/MWh); requires Ei dialogue
• aFRR new-entrant access — ombud discussion; Svk eventually decided to procure its own ombud
• BSP avtal new version (September 2025): FCR moves to Nordic MMS; mFRR abnormal frequency rules

Infrastructure:

• Flowbased post-go-live review (February 2025): intraday capacity to Norway (SE3-NO1) significantly reduced
• Flowbased intraday auctions: Q3 2027 go-live; countertrading concept for intraday under development
• MARI timeline: Nordic TSOs announced the connection timeline on November 17, 2025 (date not restated in the minutes; latest figure in the minutes March 31, 2027; Svk has since postponed the Nordic MARI connection to an estimated September/October 2027, Source - Svk Forandrad Tidtabell MARI (2026)); PICASSO: DK/FI already connected; Swedish national connection pending

Capacity adequacy:

• Strategisk reserv: first procurement failed October 2025 (713 MW bids, target 800 MW, none cost-effective under CONE methodology); second procurement underway; winter 2025/2026 balance adequate without reserve
• Capacity mechanism consequence analysis (February meeting): a council member commented that Sweden’s 1h LOLE norm is Europe’s lowest (not a Svk finding); sensitivity to reliability norm very high

Regulation and governance:

• Svk new instruction (June 2025): “samhällsbyggare” mandate; broader delivery security; new planning coordination; national vs EU interest balancing
• DHV government assignment (September 2025): Ei as lead, Svk co-author; scope, governance, and risk analysis
• Bidding zone review (May 2025): Svk recommends maintaining SE1-SE4; government assignment for deeper analysis received May 15, 2025
• Transmission tariff: four-component model; Ei rejected dispens for abonnemangsavgift (October 24, 2025) → subscription elements folded into fast avgift

Transparency:

• CNEC secrecy debate: Montel analysts claim to have identified binding elements; Svk classifies under OSL
• Art. 182 DSO visibility gap: DSOs currently cannot see which actors deliver ancillary services in their network; Svk confirms Art. 182 agreements will address this

Topics covered (2026)

Topics from the two 2026 meetings reflect Svk’s major workstreams:

Market design and regulation:

• Market development roadmap
• NC DR (Network Code on Demand Response) implementation timeline
• Elområdesanalys (bidding zone structure alternatives)
• Imbalance pricing reform (per bidding zone; VWA of mFRR prices)
• Självreglering (self-regulation by BRPs) — under evaluation
• MARI/PICASSO connection timelines and the Ei föreläggande on MARI connection

Grid operation and infrastructure:

• Nätinvesteringar (grid investment programme; NordSyd, Sörmlandspaketet, Skåne packages)
• Driftläge (operational situation; grid outage programme; CNEC data)
• Kapacitetsåtgärd pilot (Västra Götaland) — concluded May 2026
• Anslutningsprocessen (connection process review; kapacitetszoner; intressentpooler)

Contracts and conditions:

• BSP/BRP contract version 3 (effective September 1, 2026)
• SO GL Article 182 TSO-DSO agreement — draft ready; BSP agreement to remiss September 2026

Civil preparedness:

• Projekt Nexus — national electricity supply strategy for war/crisis scenarios

Data and digitalization:

• Datahanteringsverktyg (DHV) — report due September 30, 2026
• FoI (research and innovation) in electricity market design — new Svk area

Related pages

• Svenska kraftnät — Svk operates and chairs the council
• Balancing Markets — primary venue for BSP/BRP condition consultations
• Demand Response — NC DR implementation timeline discussed
• TSO-DSO Coordination — The Central Design Problem — Art. 182 progress
• the regulatory timeline — milestones announced via the council