Effekthandel Väst
Effekthandel Väst is a local market in the Gothenburg region, where Göteborg Energi Nät and Mölndal Energi Nät buy flexibility services as reservation and activation products.
Effekthandel Väst
During winter 2023/24 Göteborg Energi Nät and Mölndal Energi Nät are buying flexibility on NODES market platform:
- Hourly products on a day ahead and intraday basis in the ShortFlex™ market;
- On certain days, the network operators will call for a Max Usage contract.
- Seasonal availability products, that consist both of an activation and an availability price, through a LongFlex™ tender.
System operator part of the market
To participate as a Flexibility Service Provider (FSP)
Follow the steps below to participate as an FSP in the Effekthandel Väst market.
- Discuss baselines and meter data with GENAB/MENAB, to determine whether the FSP will use the NODES’ standard baseline or calculate its own.
- Determine whether the FSP will rely on meter data from GENAB/MENAB’s meters or submit meter data from the FSP’s own sub-meters.
- Register your Flexibility Service Provider (FSP) organization on the NODES™ Platform
- Accept NODES Rulebook , including the Market Specific Schedule for Effekthandel Väst, by signing NODES Membership Agreement.
- Submit the signed Agreement by email to member.services@nodesmarket.com.
- Further details of the steps FSPs need to take to participate can be found here.
- A summary of the market specific rules that apply to Effekthandel Väst can be found here (in Swedish).
- The Rules that apply to LongFlex™ purchases can be found here.
Market Overview
A summary of key information on the market
Market Opens
1st of December 2023
FSP sign-up deadline
Continous on-boarding of FSPs
Available Products
LongFlex™
Shortflex™
Max Usage
Trading details
A summary of grid needs and minimum bid size
Grid need
Demand turn-down, Generation turn-up
Minimum quantity
0.5 MW (50 kW)*
*may be delivered by aggregated assets
Quantity granularity
0.001 MW (1 kW)
Gate closure time
2 hours before physical delivery
Are you a Flexibility Service Provider (FSP) interested in joining NODES™ flexibility market
