An Introductory Guide to the GB Energy Industry: Chapter 4 – Market Design
‘An Introductory Guide to the GB Energy Industry’ is a series of eight separate chapters commissioned by Energy Systems Catapult and Energy Innovation Centre. This is Chapter 4 – Market Design
It provides a succinct overview of the current UK energy market structure, key players, and emerging trends of this rapidly evolving market. It is aimed at those new to the sector, those looking for a broader perspective and those with sector experience looking to consolidate their understanding.
Chapter 4 of the guide focuses on gas market structure, including:
The concept of bilateral markets
The incentive to trade and balancing
Balancing tools for the SO
Balancing services contracts
Trading electricity and gas
Wholesale power and gas price drivers.
An Introductory Guide to the GB Energy Industry
The guide won’t make you an expert in 40 pages, but it will give you a clearer picture of the current state of the market. We have provided eight key sections detailing the key areas of the market. These are:
Chapter 4 of the guide is focused on: Market Design.
The complete guide will also be available as a PDF download once all of the chapters have been released.
Each section has been authored by a subject expert from Cornwall Energy.
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An Introductory Guide to the GB Energy Industry: Chapter 4 - Market Design
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