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ESO proposal in relation to an update to the terms and conditions related to balancing - decision

OFGEM·decision·medium·8 Mar 2024·source document

Summary

Ofgem decision on an ESO proposal to update terms and conditions for balancing services. Changes the contractual framework under which generators and demand-side providers participate in system balancing.

Why it matters

Affects how balancing service providers interact with the system operator. Changes to T&Cs can alter commercial incentives and participation levels in balancing markets.

Areas affected

balancingESOancillary services

Related programmes

balancing services
Memo

ESO proposal in relation to an update to the terms and conditions related to balancing - decision | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: ESO proposal in relation to an update to the terms and conditions related to balancing - decision Publication type: Decision Publication date: 8 March 2024 Topic: Electricity transmission Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn On 17 January 2024, we received a resubmitted proposal from the Electricity System Operator (ESO) to make amendments to the national terms and conditions related to balancing required by Article 18 of Commission Regulation (EU) 2017/2195 establishing a guideline on electricity balancing (the EBGL Regulation). This letter outlines our decision to approve the ESO's proposal to amend the terms and conditions related to balancing. Main document Decision to approve the ESOs updates to TCs related to balancing [PDF, 109.57KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close