On 1-6-2022, PICASSO TSOs announced the successful Go-Live of the European platform for the exchange of balancing energy from standard products for automatic frequency restoration reserves (aFRR) and the successful operational connection to this platform of the first TSO, CEPS, the TSO from Czech Republic. E-Bridge, has been supporting the PICASSO TSOs towards this important milestone since September 2019 by providing René Beune as a full-time senior project leader, one of our most experienced consultants in balancing market design and implementation. The next important milestone is expected on 22 June 2022, when the TSOs from Germany and Austria are scheduled to be operationally connected. From that point onwards, balancing energies from aFRR will be exchanged through the PICASSO platform, which will gradually increase with each new TSO connecting until the second half of 2024, where the last TSO is expected to connect.
You can find the press release here: ENTSO-E