EnleashedEnleashed
Fix the energy market
Draft

Great Britain — Reformed National Market

A national wholesale market supported by balancing, constraint management, capacity procurement, Contracts for Difference, ancillary services, network charging and local flexibility mechanisms.

Solution section

Roadmap & Implementation

Institutions, infrastructure, transition requirements and practical implementation.

Roadmap & Implementation

This architecture already operates.

The implementation question is therefore one of reform rather than replacement.

Possible directions include:

  • faster settlement and dispatch;
  • improved network observability;
  • stronger locational signals;
  • reform of network charging;
  • simplification of overlapping markets;
  • deeper DER participation;
  • improved interoperability;
  • reform of capacity and investment mechanisms.

The principal advantage is transition feasibility. The principal challenge is determining when incremental reform becomes more complex than architectural redesign.