New short-term operating reserve services in the UK electricity market

S. Matthews, I. Kockar

Research output: Contribution to conferencePaper

3 Citations (Scopus)

Abstract

After a reserve review process and consultations with a regulator and interested market participants, national grid, which also has a role of the system operator in the UK electricity market, has decided to modify the procurement of reserve services. This means that the current Standing Reserve service arrangements will be replaced by new Short-Term Operating Reserve Tender. The implementation of these changes is planned for 1 April 2007. This paper outlines the old standing reserve services, introduces the new short-term operating reserve tender, and then investigates the reasons that have initiated these changes as well as the expected economic benefits.

Conference

ConferenceIEEE Power Engineering Society General Meeting 2007.
CountryUnited States
CityTampa
Period24/06/0728/06/07

Fingerprint

Electricity market
Operator
Grid
Procurement
Economic benefits
Review process

Keywords

  • operating reserve services
  • electricity market

Cite this

Matthews, S., & Kockar, I. (2007). New short-term operating reserve services in the UK electricity market. 1-7. Paper presented at IEEE Power Engineering Society General Meeting 2007., Tampa, United States. https://doi.org/10.1109/PES.2007.385949
Matthews, S. ; Kockar, I. / New short-term operating reserve services in the UK electricity market. Paper presented at IEEE Power Engineering Society General Meeting 2007., Tampa, United States.8 p.
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abstract = "After a reserve review process and consultations with a regulator and interested market participants, national grid, which also has a role of the system operator in the UK electricity market, has decided to modify the procurement of reserve services. This means that the current Standing Reserve service arrangements will be replaced by new Short-Term Operating Reserve Tender. The implementation of these changes is planned for 1 April 2007. This paper outlines the old standing reserve services, introduces the new short-term operating reserve tender, and then investigates the reasons that have initiated these changes as well as the expected economic benefits.",
keywords = "operating reserve services , electricity market",
author = "S. Matthews and I. Kockar",
year = "2007",
doi = "10.1109/PES.2007.385949",
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note = "IEEE Power Engineering Society General Meeting 2007. ; Conference date: 24-06-2007 Through 28-06-2007",

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Matthews, S & Kockar, I 2007, 'New short-term operating reserve services in the UK electricity market' Paper presented at IEEE Power Engineering Society General Meeting 2007., Tampa, United States, 24/06/07 - 28/06/07, pp. 1-7. https://doi.org/10.1109/PES.2007.385949

New short-term operating reserve services in the UK electricity market. / Matthews, S.; Kockar, I.

2007. 1-7 Paper presented at IEEE Power Engineering Society General Meeting 2007., Tampa, United States.

Research output: Contribution to conferencePaper

TY - CONF

T1 - New short-term operating reserve services in the UK electricity market

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AU - Kockar, I.

PY - 2007

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N2 - After a reserve review process and consultations with a regulator and interested market participants, national grid, which also has a role of the system operator in the UK electricity market, has decided to modify the procurement of reserve services. This means that the current Standing Reserve service arrangements will be replaced by new Short-Term Operating Reserve Tender. The implementation of these changes is planned for 1 April 2007. This paper outlines the old standing reserve services, introduces the new short-term operating reserve tender, and then investigates the reasons that have initiated these changes as well as the expected economic benefits.

AB - After a reserve review process and consultations with a regulator and interested market participants, national grid, which also has a role of the system operator in the UK electricity market, has decided to modify the procurement of reserve services. This means that the current Standing Reserve service arrangements will be replaced by new Short-Term Operating Reserve Tender. The implementation of these changes is planned for 1 April 2007. This paper outlines the old standing reserve services, introduces the new short-term operating reserve tender, and then investigates the reasons that have initiated these changes as well as the expected economic benefits.

KW - operating reserve services

KW - electricity market

U2 - 10.1109/PES.2007.385949

DO - 10.1109/PES.2007.385949

M3 - Paper

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EP - 7

ER -

Matthews S, Kockar I. New short-term operating reserve services in the UK electricity market. 2007. Paper presented at IEEE Power Engineering Society General Meeting 2007., Tampa, United States. https://doi.org/10.1109/PES.2007.385949