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National Grid Electricity Transmission (NGET) has procured a new pan-European electricity market model from Pöyry, BID3, to assist in new requirements for the Integrated Transmission Planning and Regulation Project (ITPR) and Electricity Market Reform (EMR). These require two main distinct functions for the new software: an assessment of within-GB constraint costs; and an assessment of likely interconnector flows.
|Place of Publication||Warwick, UK|
|Commissioning body||National Grid|
|Number of pages||11|
|Publication status||Published - 4 Oct 2016|
- European market
- integrated transmission planning and regulation
- electricity market reform
- national grid
- interconnector flows
- constraint costs
- BID3 model
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