Euroflex

Euroflex is a local market in the grid areas operated by BKK, Elvia, Fagne, Glitre Nett, Linja, Nett, Norgesnett and Tensio in Norway. The DSOs purchase LongFlex and ShortFlex products for demand reduction and production increase to manage load shifting during peak load situations. The market opened on 1st of January 2024 initially covering Elvia and Glitre Nett’ grid areas.

Euroflex is a local market in the grid areas operated by BKK, Elvia, Fagne, Glitre Nett, Linja, Nett, Norgesnett and Tensio in Norway. The DSO 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 reservation of flexibility;
  • Seasonal availability products, that consist both of an activation and an availability price, through a LongFlex™ tender.

To participate as a Flexibility Service Provider (FSP)

Follow the steps below to participate as an FSP in the Euroflex market.

  • Register your Flexibility Service Provider (FSP) organization on NODESmarket
  • Accept the NODES Rulebook , including the Market Specific Schedule for EuroFlex, by signing the NODES Membership Agreement.
  • Please contact member.services@nodesmarket.com if you have any questions.

Market Overview

A summary of key information on the market

Market Opens

1st of January 2024

FSP sign-up deadline

Continous on-boarding

Available Products

LongFlex

Shortflex

Trading details

A summary of grid needs and minimum bid size

Grid need

Demand turn-down, Generation turn-up

Minimum quantity

0.001 MW (1 kW)*

*may be delivered by aggregated assets

Quantity granularity

0.01 MW (10 kW)

Gate closure time

2 hours before physical delivery