Fingrid Oyj (Fingrid) is the transmission system operator in Finland and is responsible for maintaining power system balance in Finland. Fingrid ensures the balance between consumption and production by procuring different reserves from the balancing markets, which are maintained and developed by Fingrid. On these balancing markets, Fingrid purchases the balancing energy from the the balancing service providers (BSP). All BSPs who participate in the balancing market need to have an agreement with Fingrid. Fingrid maintains balancing capacity market reserves and maintains balancing energy market for mFRR, where Fingrid activates bids whenever necessary during normal operation or disturbances. Balancing energy prices are set based on the activations in the mFRR balancing energy market and the prices are utilized in the imbalance settlement, which affects how the balance responsible parties (BRPs) are compensated or charged depending on their imbalances and the hourly power balance of the system. Being a balancing market operator, Fingrid is considered as a PPAT (persons professionally arranging transactions) in accordance with the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT regulation). As a PPAT Fingrid is obliged to establish and maintain effective arrangements and procedures to identify beaches of Article 3 or 5 on REMIT regulation. In order to find a suitable service provider for performing tasks required by the REMIT regulation for PPAT and in addition producing the relevant documentation, Fingrid launches this invitation to participate. The main scope of the procurement is defined below in section II.2.4
Määräaika
Tarjousten vastaanottamisen määräaika oli 2022-03-08.
Hankinta julkaistiin 2022-02-18.
hankintailmoitus (2022-02-18) Kohde Hankinnan laajuus
Otsikko: Tietojen analysointipalvelut
Lyhyt kuvaus:
Fingrid Oyj (Fingrid) is the transmission system operator in Finland and is responsible for maintaining power system balance in Finland. Fingrid ensures the balance between consumption and production by procuring different reserves from the balancing markets, which are maintained and developed by Fingrid. On these balancing markets, Fingrid purchases the balancing energy from the the balancing service providers (BSP). All BSPs who participate in the balancing market need to have an agreement with Fingrid.
Fingrid maintains balancing capacity market reserves and maintains balancing energy market for mFRR, where Fingrid activates bids whenever necessary during normal operation or disturbances. Balancing energy prices are set based on the activations in the mFRR balancing energy market and the prices are utilized in the imbalance settlement, which affects how the balance responsible parties (BRPs) are compensated or charged depending on their imbalances and the hourly power balance of the system.
Being a balancing market operator, Fingrid is considered as a PPAT (persons professionally arranging transactions) in accordance with the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT regulation). As a PPAT Fingrid is obliged to establish and maintain effective arrangements and procedures to identify beaches of Article 3 or 5 on REMIT regulation.
In order to find a suitable service provider for performing tasks required by the REMIT regulation for PPAT and in addition producing the relevant documentation, Fingrid launches this invitation to participate. The main scope of the procurement is defined below in section II.2.4
Fingrid Oyj (Fingrid) is the transmission system operator in Finland and is responsible for maintaining power system balance in Finland. Fingrid ensures the balance between consumption and production by procuring different reserves from the balancing markets, which are maintained and developed by Fingrid. On these balancing markets, Fingrid purchases the balancing energy from the the balancing service providers (BSP). All BSPs who participate in the balancing market need to have an agreement with Fingrid.
Fingrid maintains balancing capacity market reserves and maintains balancing energy market for mFRR, where Fingrid activates bids whenever necessary during normal operation or disturbances. Balancing energy prices are set based on the activations in the mFRR balancing energy market and the prices are utilized in the imbalance settlement, which affects how the balance responsible parties (BRPs) are compensated or charged depending on their imbalances and the hourly power balance of the system.
Being a balancing market operator, Fingrid is considered as a PPAT (persons professionally arranging transactions) in accordance with the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT regulation). As a PPAT Fingrid is obliged to establish and maintain effective arrangements and procedures to identify beaches of Article 3 or 5 on REMIT regulation.
In order to find a suitable service provider for performing tasks required by the REMIT regulation for PPAT and in addition producing the relevant documentation, Fingrid launches this invitation to participate. The main scope of the procurement is defined below in section II.2.4
Ilmoituksen metatiedot
Alkukieli: englanti 🗣️
Asiakirjatyyppi: hankintailmoitus
Sopimuksen luonne: Palvelut
Asetus: Euroopan unioni ja WTO-maat
Yhteinen hankintanimikkeistö (CPV)
Koodi: Tietojen analysointipalvelut📦 Suorituspaikka
NUTS-alue: Suomi/Finland
🏙️
Menettely
Menettelyn tyyppi: Kilpailukykyinen käsittävä neuvottelu
Tarjouksen tyyppi: Tarjous koskee kaikkia eriä
Myöntämisperusteet
Kokonaistaloudellisesti edullisin tarjous
Fingrid Oyj (Fingrid) is the transmission system operator in Finland and is responsible for maintaining power system balance in Finland. Fingrid ensures the balance between consumption and production by procuring different reserves from the balancing markets, which are maintained and developed by Fingrid. On these balancing markets, Fingrid purchases the balancing energy from the the balancing service providers (BSP). All BSPs who participate in the balancing market need to have an agreement with Fingrid.
Fingrid Oyj (Fingrid) is the transmission system operator in Finland and is responsible for maintaining power system balance in Finland. Fingrid ensures the balance between consumption and production by procuring different reserves from the balancing markets, which are maintained and developed by Fingrid. On these balancing markets, Fingrid purchases the balancing energy from the the balancing service providers (BSP). All BSPs who participate in the balancing market need to have an agreement with Fingrid.
Fingrid maintains balancing capacity market reserves and maintains balancing energy market for mFRR, where Fingrid activates bids whenever necessary during normal operation or disturbances. Balancing energy prices are set based on the activations in the mFRR balancing energy market and the prices are utilized in the imbalance settlement, which affects how the balance responsible parties (BRPs) are compensated or charged depending on their imbalances and the hourly power balance of the system.
Fingrid maintains balancing capacity market reserves and maintains balancing energy market for mFRR, where Fingrid activates bids whenever necessary during normal operation or disturbances. Balancing energy prices are set based on the activations in the mFRR balancing energy market and the prices are utilized in the imbalance settlement, which affects how the balance responsible parties (BRPs) are compensated or charged depending on their imbalances and the hourly power balance of the system.
Being a balancing market operator, Fingrid is considered as a PPAT (persons professionally arranging transactions) in accordance with the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT regulation). As a PPAT Fingrid is obliged to establish and maintain effective arrangements and procedures to identify beaches of Article 3 or 5 on REMIT regulation.
Being a balancing market operator, Fingrid is considered as a PPAT (persons professionally arranging transactions) in accordance with the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT regulation). As a PPAT Fingrid is obliged to establish and maintain effective arrangements and procedures to identify beaches of Article 3 or 5 on REMIT regulation.
In order to find a suitable service provider for performing tasks required by the REMIT regulation for PPAT and in addition producing the relevant documentation, Fingrid launches this invitation to participate. The main scope of the procurement is defined below in section II.2.4
In order to find a suitable service provider for performing tasks required by the REMIT regulation for PPAT and in addition producing the relevant documentation, Fingrid launches this invitation to participate. The main scope of the procurement is defined below in section II.2.4
1. Introduction
The Finnish NRA, Energiavirasto, concluded that Fingrid fulfils the definition of PPAT (persons professionally arranging transactions) and are obliged by REMIT Regulation Article 15: "Any person professionally arranging transactions in wholesale energy products who reasonably suspects that a transaction might breach Article 3 or 5 shall notify the national regulatory authority without further delay. Persons professionally arranging transactions in wholesale energy products shall establish and maintain effective arrangements and procedures to identify breaches of Article 3 or 5."
The Finnish NRA, Energiavirasto, concluded that Fingrid fulfils the definition of PPAT (persons professionally arranging transactions) and are obliged by REMIT Regulation Article 15: "Any person professionally arranging transactions in wholesale energy products who reasonably suspects that a transaction might breach Article 3 or 5 shall notify the national regulatory authority without further delay. Persons professionally arranging transactions in wholesale energy products shall establish and maintain effective arrangements and procedures to identify breaches of Article 3 or 5."
Article 3 of the REMIT regulation is related to the prohibition of insider trading and Article 5 of the REMIT regulation is related to the prohibition of market manipulation.
In order to fulfil the obligations, set by the REMIT regulation, Fingrid shall establish a Market Surveillance function, which will be responsible for monitoring the balancing market, including all market participants and Fingrid’s behaviour in order to identify potential breaches of REMIT. The Market Surveillance function shall notify potential breaches to the relevant national regulator in Finland, i.e. to Energiavirasto.
In order to fulfil the obligations, set by the REMIT regulation, Fingrid shall establish a Market Surveillance function, which will be responsible for monitoring the balancing market, including all market participants and Fingrid’s behaviour in order to identify potential breaches of REMIT. The Market Surveillance function shall notify potential breaches to the relevant national regulator in Finland, i.e. to Energiavirasto.
Fingrid has decided to outsource the Market Surveillance function to the third party to the extend allowed according to the ACER Guidance on REMIT application, 6th edition: "PPATs should be able to outsource a part of their monitoring activity, including the analysis of orders and transactions, alerts generation for the detection of anomalous events, as well as the identification of potential breaches of Articles 3 and 5 of REMIT."
Fingrid has decided to outsource the Market Surveillance function to the third party to the extend allowed according to the ACER Guidance on REMIT application, 6th edition: "PPATs should be able to outsource a part of their monitoring activity, including the analysis of orders and transactions, alerts generation for the detection of anomalous events, as well as the identification of potential breaches of Articles 3 and 5 of REMIT."
The main scope of the procurement is defined below. Fingrid reserves all rights to make necessary specifications to the scope during the procurement process.
2. Market surveillance tasks for service provider
• Drafting basic documents regarding the market surveillance in close cooperation with Fingrid, including e.g. risk assessment, market surveillance strategy and other possible monitoring documentation
• Creating patterns for monitoring and alerts for detection of anomalous events according the REMIT Articles 3 and 5
• Development and maintaining market monitoring system and interfaces for Fingrid’s mFRR energy market
• Creating Suspicious Transaction Report (STR report) for Fingrid, which are to be send to the national regulatory authorities
• Monitoring Fingrid’s balancing market, main scope of the contract will be the mFRR energy market.
• As an option to the main scope there will be a possibility to extend the service to other markets operated by Fingrid
• Internal training for Fingrid´s personnel dedicated to the market surveillance tasks
3. Fingrid's tasks and obligations
• be responsible for providing necessary data to the selected supplier in order to do market monitoring on behalf of Fingrid
• retain the expertise and resources necessary for evaluating the quality of the services provided and the organisational adequacy of the providers, and for supervising the outsourced services effectively and managing the risks associated on an ongoing basis;
• retain the expertise and resources necessary for evaluating the quality of the services provided and the organisational adequacy of the providers, and for supervising the outsourced services effectively and managing the risks associated on an ongoing basis;
• have direct access to the relevant information related to the outsourced service;
• define in a written agreement the terms and conditions for the services.
• remain fully responsible for the obligations stated in REMIT Article 15
• submit any STR report to Energiavirasto
Kesto: 48 kuukautta
Uudistusten kuvaus: The procurement contains an option to continue the contract for a 2-year-period.
Vaihtoehtojen kuvaus:
The procurement contains an option to continue the contract for a 2-year-period.
The procurement further will contain an option to extend the services to the other markets operated by Fingrid.
Menettely
Oikeusperusta: 32014L0024
Tarjousten vastaanottoaika: 16:00
Kielet, joilla tarjoukset tai osallistumishakemukset voidaan jättää: englanti 🗣️
Tarjouksen voimassaoloaika: 4 kuukautta