Electricity Balancing with a Natural Gas Power Plant in the mFRR Market

CitsTarifs has successfully integrated the first natural gas cogeneration plant in Latvia to participate in the electricity balancing market, specifically providing mFRR (manual frequency restoration reserve) services. This achievement not only enhances the stability of the energy system but also opens new opportunities for producers and consumers to benefit from efficient energy management.

How Is CitsTarifs Changing the Rules of the Energy Market?

1. The Role of Cogeneration Plants in Electricity Balancing

   Cogeneration plants, which simultaneously produce electricity and heat, are an ideal solution for improving energy efficiency. By connecting a natural gas cogeneration plant to the electricity balancing market, CitsTarifs ensures flexible energy production, increasing efficiency and promoting grid stability.

   
   

2. The mFRR Market and Its Benefits

   The mFRR (manual frequency restoration reserve) market is one of the key mechanisms ensuring the balance between electricity supply and demand in real time. By participating in this market, CitsTarifs can offer its reserve capacity to compensate for unexpected grid fluctuations, generating additional revenue. This is a win-win for both producers and consumers.

   
   

3. CitsTarifs as a Pioneer in Latvia

   CitsTarifs is the first company in Latvia to successfully integrate a natural gas cogeneration plant into the electricity balancing market. This step not only increases the company’s profitability but also enhances the stability and sustainability of Latvia’s energy system. Our experience serves as an example for other energy producers looking to participate in the mFRR market.

   
   

4. Future Perspectives

   CitsTarifs plans to continue developing its technological capabilities and expanding its participation in the electricity balancing market. Our goal is not only to drive the company’s growth but also to contribute to the development and sustainability of Latvia’s energy sector.

   
   

Want to Participate in Electricity Balancing?

Contact the CitsTarifs team today to learn more about the opportunities!