Close
Forgotten Password?
Login?
Register Me
Home
About
Contact
More
More
Network Operators
Funding Timeline
LCNI Presentations
Annual Innovation Summary
Funding Documents
Document Templates
Events
Login
Home
About
Contact
Network Operators
Funding Timeline
LCNI Presentations
Annual Innovation Summary
Funding Documents
Document Templates
Events
Project Details
R
eport
pt
P
rint
rn
D
ownload
/L
Save
Share
Share
Facebook
Twitter
Google
Electricity Transmission
Project Details
Documents
Ideas for future projects?
Dec 2018
Electricity Transmission
Frequency Response Auction Trial
Reference:
NIA_NGSO0017
Status:
Live
Start Date:
Dec 2018
End Date:
Jun 2021
Funding Licencee(s):
National Grid Electricity System Operator and National Grid Electricity Transmission
Contact:
Adam Sims
Click here to send a question to the contact.
Funding Mechanism
Network Innovation Allowance
Research Area:
ET - Network improvements and system operability and ET - New technologies and commercial evolution
Core Technology(ies):
Commercial and Demand Response
Estimated Expenditure:
£1,142,000.00
Introduction:
We propose to design, implement and trial a weekly cleared price auction for a volume of frequency response. The aim of the trial is to test the hypothesis that closer to real-time procurement of frequency response will lower overall procurement costs by increasing liquidity and transparency in the market, and deliver a stable market price for the relevant products.
Objectives:
At the end of the project, the ESO will understand the impact of closer-to-real-time procurement on:
Market liquidity
Diversity of providers
Ability for renewables and DSR to bid
Market and price transparency
Market and price stability
Cost of frequency response vs counter-factual
Cost of administering frequency response market vs counter factual
Internal systems and processes