P375 proposes using Metering Equipment ‘behind’ the defined Boundary Point for Balancing Services (‘behind the Meter’), for Settlement purposes rather than the Boundary Point Meter.
tagged as: flexibility balancing
last modified: 2021-02-15
primary channel for providing operational data relating to the GB Electricity Balancing and Settlement arrangements. It is used extensively by market participants to help make trading decisions and understanding market dynamics and acts as a prompt reporting platform as well as a means of accessing historic data
a very good article from Flexitricity explaining the balancing mechanism and the bid/offer acceptances structure
Sept 2020 - In launching the new API, National Grid ESO aims to make it easier for smaller assets such as batteries and small distributed generators to bid into the Balancing Mechanism
tagged as: knowledge derms balancing
last modified: 2020-10-17