Audit of the BID3 Pan European Market Model for National Grid

Keith Bell, Iain Staffell

Research output: Book/Report › Commissioned report

Abstract

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.
LanguageEnglish
Place of PublicationWarwick, UK
Commissioning bodyNational Grid
Number of pages11
Publication statusPublished - 4 Oct 2016

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Electricity
Planning
Costs
Power markets

Keywords

  • European market
  • integrated transmission planning and regulation
  • electricity market reform
  • national grid
  • interconnector flows
  • constraint costs
  • benchmarking
  • BID3 model
  • ELSI

Cite this

Bell, Keith ; Staffell, Iain. / Audit of the BID3 Pan European Market Model for National Grid. Warwick, UK, 2016. 11 p.
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Bell, K & Staffell, I 2016, Audit of the BID3 Pan European Market Model for National Grid. Warwick, UK.

Audit of the BID3 Pan European Market Model for National Grid. / Bell, Keith; Staffell, Iain.

Warwick, UK, 2016. 11 p.

Research output: Book/Report › Commissioned report

TY - BOOK

T1 - Audit of the BID3 Pan European Market Model for National Grid

AU - Bell, Keith

AU - Staffell, Iain

PY - 2016/10/4

Y1 - 2016/10/4

N2 - 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.

AB - 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.

KW - European market

KW - integrated transmission planning and regulation

KW - electricity market reform

KW - national grid

KW - interconnector flows

KW - constraint costs

KW - benchmarking

KW - BID3 model

KW - ELSI

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M3 - Commissioned report

BT - Audit of the BID3 Pan European Market Model for National Grid

CY - Warwick, UK

ER -

Bell K, Staffell I. Audit of the BID3 Pan European Market Model for National Grid. Warwick, UK, 2016. 11 p.

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    Projects

    UK Energy Research Centre (UKERC) phase 3: theme 3 - Energy systems at multiple scales

    Project: Research