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

Wholesale

The wholesale energy-market layer.

Wholesale

The wholesale market remains the central commercial trading layer.

Its defining characteristic for this comparison is the use of a broad national price rather than nodal or zonal wholesale settlement.

Wholesale trading establishes commercial positions, while physical feasibility is completed through balancing and system operation.