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Frequency Co-optimised Essential System Services Offer Price Ceiling

The ERA will review the Frequency Co-optimised Essential System Services (FCESS) Offer Price Ceiling values at least once every three years. The FCESS Offer Price Ceilings are set for the five FCESS markets – Contingency Reserve Raise, Contingency Reserve Lower, Rate of Chance of Frequency (RoCoF) Control Service, Regulation Raise and Regulation Lower - and present the highest price that these services can be offered in the respective FCESS markets.