Elmarknadsrådet Meeting 2 May 2026

Event: Elmarknadsrådets möte 2026-05-20 (Meeting 2/2026)
Date: May 20, 2026
Location: Svenska kraftnät, Sundbyberg
Documents: minutes (8 pp.) and consolidated presentations (87 pp.)
Chair: Malin Stridh (Svk)

Context

Second Elmarknadsrådet meeting of 2026. Mårten Bergman (Svk), Michelle von Gyllenpalm (Svenskt Näringsliv) and Johanna Barr (Jämtkraft elnät) absent. Eight substantive agenda items plus AOB.

Agenda items and key content

1. Inledning — Art. 182 follow-up

Status update on Art. 182 SO GL (raised as a question from the council before the meeting):

• TSO-DSO agreement: Svk and the DSOs have a proposal for how the TSO-DSO agreements should look
• BSP agreement: Svk is drafting corresponding wording for the BSP-avtal; it goes to remiss in autumn (September 2026) and is expected to apply from March 2027. Svk has had a dialogue with Energiföretagen on practical implementation, and a stepwise introduction will be needed
• Unresolved: it is not yet clear how the information exchange will be handled in a practical, fit-for-purpose way
• Per Wikström (Ellevio) raised the BSP/BRP perspective and need to consider SOGL Art. 182 in baseline work

Kristian Gustafsson (Vattenfall) asked about the Elmarknadsutredningen recommendations on FFR; Malin Stridh said the directors-general of Energimyndigheten, Ei, Elsäkerhetsverket and Svk were to meet shortly to go through, among other things, the division of responsibilities, and took the FFR status question back to Svk. On civil preparedness, Svk will start a deeper co-planning dialogue with selected actors: Vattenfall, Fortum, E.ON (chosen by type of actor, geography, size of resources). Broader updates continue via Elmarknadsrådet and Driftrådet.

2. Market roadmap update

Anna Jäderström presented updated roadmap. Two items marked “Försenad” (delayed) on the roadmap slide:

• Commission Regulation on demand flexibility (NC DR)
• New publication platform (per the roadmap slide)

The FCR new platform is marked as done: it runs on Fifty Nordic MMS, the same platform as the mFRR and aFRR capacity markets. Market design is unchanged except that bids are now marked as static or dynamic FCR, and there is a requirement on the share that must be dynamic; the quota is to be implemented in the dispatch system (avropssystemet) so that activations always cover the need for sufficient dynamic FCR. The council also asked about buy-back rules and compensation liability during disturbances; more information is to follow at a later council meeting.

MARI/PICASSO timelines remain 2027. Malin Stridh informed the council of Ei’s föreläggande (order) to connect to MARI in Q3 2026, and that a report is to be submitted during the summer. Svk’s assessment is that connecting to MARI is not possible before the proposed (Nordic) changes have first been implemented in MARI; the MARI algorithm developers are in a design phase investigating this, and algorithm changes are decided in the MARI project steering group where all European TSOs are represented. Anna Jäderström said both alternatives are compatible with the applicable method. The previous Svk appeal (see Source - Elmarknadsrådet Meeting 1 February 2026) concerned the penalty (vite) model, not the timeline itself.

The council noted that improvements have already occurred, while further measures such as elastic demand have not yet been implemented; Svk said the proposed measures address observed causes of extreme prices but extremes may still arise for other reasons. A reference group for imbalance pricing is starting up.

3. Kapacitetsåtgärd pilot — Västra Götaland

The pilot in Västra Götaland is concluded. The need for earlier connections in the region has changed, so the concept was not taken further (Svk and Vattenfall Eldistribution ended the joint pilot).

Results from the pre-study (förstudien):

• 9 potential suppliers identified
• Suppliers: 2 with production, 8 with energy storage, 1 with load reduction (did not meet the requirements)
• Power by resource type (slide 11 pie chart): energy storage 286 MW, energy storage with wind-power support 10 MW, gas turbine 334 MW
• Status per resource type: 37 MW existing energy storage, 20 MW storage under construction, 10 MW storage with land access and all permits, 230 MW storage with land access but not all permits; gas turbine 56 MW existing with permits, 140 MW existing but needing permits and upgrade, 138 MW not yet existing
• All resources assessed as realizable by 2030 with high probability
• Key friction: transformer and grid connections flagged by many suppliers as timeline uncertainty

Learnings:

• Localization signal: the tool appears to give a clear signal steering new and existing resources with the right capabilities to the right areas
• A new procurement form in which currently non-existent resources can participate has been designed (qualification → indicative bids → binding bids in the procurement plan)
• Resources can be used for multiple purposes simultaneously (regional overload + frequency reasons)
• ACCEL project created shared understanding across stakeholders

Financing: unresolved and considered a blocker. Current assumption: cost borne by customer. But industrial customers and data centers have different payment capacity than other consumers. Council requested a financing model review before next pilots.

Next steps: no decision on similar procurements exists at present, but such tools may become relevant as a complement when connections cannot proceed at the desired pace. Evaluation ongoing (internal + external survey). Contact: kapacitetsatgard@svk.se

4. BSP/BRP contract and condition changes

BSP/BRP avtal version 3, planned to take effect September 1, 2026. Remiss ran 7 April to 8 May 2026 (3 actors responded; responses being processed). The changes require Ei’s methodgodkännande. Council members found the two-month implementation period for updated BSP/BRP agreements short, since BRPs have longer customer contracts to rework.

Changes to BRP-avtalet:

• Strategic reserve charge: BRPs in SE3/SE4 must pay a levy to cover strategic reserve costs (Lag 2025:50, Förordning 2025:835)
• Faster new balance object registration: 3 days before start date (previously 14 days); synchronized with supplier switching rules (4 days)

Changes to BSP-avtalet:

• Static FCR-D upward volume limit: based on forecast rotational energy (not proportional as before); enables cheaper bids to be selected
• Prequalification: test protocol no longer needed in application; replaced by test data; ≥50 MW: notify Svk of commissioning tests 1 week before (not 3); <50 MW: no notification needed
• Market surveillance data: BSPs must provide all data Svk requests for REMIT compliance or contract compliance monitoring; keep continuous data record for 3 months
• Publication platform: handelsinformation moves to Svk Data Service (SDS); parallel publication on Mimer during transition; continued publication on Transparency Platform

BSP/BRP conditions — key changes proposed (consultation 6 March–7 April 2026, 13 respondents; still to be processed and approved by Ei):

• Max/min bid prices: ±15,000 EUR/MWh (from ±10,000 EUR/MWh); adjustable if pre-set MARI criteria met
• Non-divisible bids: volume cap ≤ highest of the lower limits of prequalified volume for constituent units (per direction)
• Publication of mFRR market information: no later than 30 minutes after the market time unit — mFRR SA-price and DA-price and volumes (scheduled and direct activation) per bidding zone
• Pricing of FCR-N/aFRR balancing energy: proposal that up-regulation is paid the higher of the imbalance price and the day-ahead price (down-regulation the lower); consultation responses argued aFRR resembles mFRR DA and should be priced alike, and Svk is reviewing the proposal

New imbalance pricing design (from the consultation summary):

• Dominerande riktning: changed from per uncongested area → per bidding zone (based on satisfied mFRR demand per area)
• Obalanspris calculation: changed from marginal price → volume-weighted average (VWA) of mFRR SA and DA prices
• Keeping national day-ahead price constraint: imbalance price ≥ day-ahead price if dominating direction is up; ≤ day-ahead if down; = day-ahead if unregulated/netted
• VoAA extended to cover quarters with netted needs (not only fully unregulated)
• Constraint on mFRR bidding removed (bids no longer have to be on the correct side of the day-ahead price)
• Legal basis: the European Imbalance Settlement Harmonisation methodology

Actors’ views (the slide flags this as an objective account of consultation responses, not Svk’s reply): VWA departs from marginal pricing and reduces incentives for dispatchable production; keeping the day-ahead link increases predictability but does not fully reflect the real-time value of energy. On the ±15,000 EUR/MWh limit, respondents said it could raise the risk of high imbalance prices and that Svk should work to lower the limits; Svk framed the limits as technical, referred bid-strategy oversight to Ei, and the council noted that ACER had proposed a much higher cap which the TSOs protested. Target: submit the conditions to Ei during summer 2026 (the earlier goal of May slipped to allow more dialogue).

5. Driftläget (operational situation before summer 2026)

CNEC de-anonymization: Constraint names on the JAO (Joint Allocation Office) allocation platform are now publicly visible and stable (same name every day). Previously randomized daily. This is a significant transparency improvement for market participants.

Key binding constraints (Feb 6 – May 6, 2026):

Note on SWEPOL: the slide marks the SWEPOL shadow-price value as erroneous because the link has been out of service. The slide’s worked example shows a Norwegian CNEC in NO3 limiting snitt 2 (of 100 MW SE2-SE3 trade, 96 MW flows directly and 4 MW via SE2-NO3-NO1-SE3) — an illustration of how flow-based can bind Swedish areas through constraints outside Sweden (the slide does not name which NO3 CNEC).

Grid reinforcements scheduled (2026):

• Gräsmark new station: April 2026 complete — strengthens west side of snitt 2
• Ligga station renewal: mid-June 2026 — enables more capacity on SE1-SE2 and SE1-FI
• Åker station: total outage in parts of July 2026 — reduces southern Sweden capacity (lowest capacity allocation period of summer)
• Glan station renewal: September 2026
• Skogssäter-Kilanda line: November 2026
• Breared-Söderåsen line: November 2026

Power adequacy: Outage levels have been high for three years and may be seen as a new normal; despite the large outage program, Svk assesses power adequacy as sufficient (per the Kraftbalansen report, no indications of adequacy problems during the outage season), although challenging situations may arise. Contingency tools (systemvärn) available as alternative to production restrictions.

FFR: Svk changed procurement procedures for summer 2026 season; tighter requirements on actual availability during activations. Council noted that compensation for Swedish rotating mass (svängmassa) could improve system planning — currently no incentive. Nordic coordination still needed on FFR product design (each TSO has different view on market-based vs. grid code mandate approach).

6. Datahanteringsverktyg (data management tool)

Government mandate (Regeringsbeslut KN2025/01781): Svk + Ei to jointly propose a central data management tool for electricity market data. Report due September 30, 2026.

Key findings so far (from promemoria April 2026 + digital hearing May 2026):

• No fundamental objection from authorities to introducing such a tool
• The collaborating authorities (Svk and Ei) see no obstacle to introducing a tool. Key preconditions: it should contribute to statistics collection; no central operational function; regard for secrecy and protected infrastructure information; certain installations exempted from high-resolution metering data; continued close cooperation on rule design
• Industry: broad consensus on the need but differing views on design; most are basically positive (better data quality, more efficient processes, support for future rule requirements); a few favour decentralised solutions; stepwise introduction is widely requested
• Risk analysis underway: personal data protection, safety-classified information, total defence considerations

International benchmarks: input gathered from the Nordic data hubs, Estonia and Austria (which has a decentralised hub). Robert Thelander said the assignment is currently to investigate prerequisites, not to build a system, so material is not being released before a reference group has been consulted should a build mandate follow.

Implementation order concern (from council): The DHV (datahanteringsverktyg) should precede the implementation of other NC DR requirements — but the report is due in September, which is also the month of riksdagsval. The council noted that the time aspect is affected by the September election.

7. Anslutningsprocessen (connection process review)

Government assignment due to be reported to Regeringskansliet April 30, 2026 (per the slides). Emma Moberg said minor changes enter Svk’s Principer och vägledning already on 1 July 2026 and implementation of the larger changes begins in autumn. Webinar for results: May 26, 2026, 10:00-11:00.

Key results from the assignment:

1. Early dialogue: new step before formal application — “tidig guidande dialog” with intressent (before submitting to any distribution network); and tripartite dialogue (Svk + DSO + customer) to clarify connection conditions and alternatives

2. Application always via distribution network: applications for connection to stamnätet must go via the existing distribution system (clarification of existing principle); in individual cases, direct connection to stamnätet may be appropriate but is assessed by Svk in dialogue

3. Capacity zones (kapacitetszoner) and intressentpooler:

   • New concept for connection queue management
   • Geographic zones with defined capacity
   • Intressentpooler (interest pools) let potential customers signal demand before queue opens
   • Long-term electricity purchase agreements (elköpsavtal): matchmaking for large electricity users; the council questioned their usefulness (actors already have incentives to hedge; risk favouring well-financed actors)
   • Anvisningssystem (slide 72): implementation of results, matchmaking and elköpsavtal work starts autumn 2026; ambition for spring 2027 that the first kapacitetszon is designated and an intressentpool opened. Where zones should be located is still under investigation

4. Effektkrav clarification: Svk’s power requirement is not a threshold for when to submit an application — it is a planning tool. Applications always go first to the distribution network.

5. Kostnadsfördelning guidance: recommendations for DSO referral to overliggande nät; synchronized with Ei’s föreskriftsarbete (January 2027)

Implementation:

• Changes to Svk’s “Principer och vägledning för anslutning till Stamnätet”: July 1, 2026
• First Anslutningsforum: May 21, 2026 (day after this meeting)
• Anvisningssystem: ambition spring 2027 (first zone designated, intressentpool opened)

8. FoI inom Elmarknad (electricity market R&D)

Svk has elevated electricity market design to a dedicated FoI (forskning och innovation) area. New organization has four areas: Systemutmaningar, Nätteknik, Elmarknad, Digitalisering.

The Elmarknad area is genuinely new — previously electricity market research was subsumed in Systemutmaningar. Svk identified a gap: most Swedish electricity market research focuses on technology adoption (how tech can work on existing markets) or scenario modeling, not market design per se.

Key topics for FoI Elmarknad:

• Market design and incentives
• Actor behavior
• Methods and models for analysis
• Socioeconomic analyses
• Scenarios

Svk + Energimyndigheten are strengthening R&D collaboration: joint program design, co-designed calls for research, co-financing aligned with Svk priorities. The council noted that elektricitetmarknadsforskning is an underdeveloped field in Sweden and expressed support.

Key claims and new information

• BSP-avtal Art. 182 wording to remiss September 2026, expected to apply March 2027 (refines Art. 182 implementation timeline)
• MARI: Ei has ordered connection in Q3 2026; Svk assesses it is not possible before the proposed changes are implemented in MARI
• FCR platform migrated to Fifty Nordic MMS; bids now marked static/dynamic, dynamic-share quota to be implemented in the dispatch system
• CNEC names de-anonymized on JAO — major transparency improvement; SWEPOL 87.9% binding but out of service
• Kapacitetsåtgärd pilot concluded; financing model for future pilots unresolved
• Imbalance pricing (proposal, still to be processed and approved by Ei): VWA (not marginal) for mFRR; day-ahead constraint proposed kept as national rule
• Connection review reported; kapacitetszoner + intressentpooler presented as proposals; July 1 principle changes
• DHV report due September 30, 2026 — authorities see no obstacle
• Svk elevating electricity market design as dedicated R&D area; Energimyndigheten collaboration expanding

Relevance to wiki

• Elmarknadsrådet — entity page
• Balancing Markets — FCR platform, MARI timeline, imbalance pricing, self-regulation
• TSO-DSO Coordination — The Central Design Problem — Art. 182 BSP timeline confirmed
• Demand Response — NC DR delayed flag; DHV link
• the regulatory timeline — multiple new milestones and updates
• Svenska kraftnät — roadmap, Nexus, FoI
• Flow-Based Capacity Calculation — CNEC transparency, Statnett strategy change
• DSO Connection Queue Reform — The Swedish Policy Response — kapacitetszoner + intressentpooler