NESO asks for views on balancing reforms

The system operator has launched a call for input on reforms to balancing, settlement and dispatch.

The reforms are being considered as part of the Government’s Reformed National Pricing (RNP) programme.

In the call for input the National Energy System Operator said that the industry has made great progress towards decarbonising the electricity system with the proportion of renewable power increasing three-fold since 2015.

It said this rapid transformation is set to continue as the generation and demand mix evolves at pace.

“However, our market arrangements have not kept pace with these changes and therefore reform is required to ensure that consumers and industry get the maximum benefits from our changing system,” it said.

“RNP represents an opportunity for us to reform electricity markets to better utilise our energy resources, provide the market with clearer signals and incentives, improve data quality and granularity to promote more innovative use of technology, and ultimately operate the system in a more efficient and cost-effective way.”