Response Market Schedule Review
Project summary
The Response Market Schedule Review project aims to evaluate the potential benefits of alternative auction timings for frequency response services.
| Name | Status | Project reference number | Start date | Proposed End date | Expenditure |
|---|---|---|---|---|---|
| Response Market Schedule Review | Live | NIA2_NESO112 | Jul 2025 | May 2026 | £370,000 |
The Response Market Schedule Review project aims to evaluate the potential benefits of alternative auction timings for frequency response services. The focus is on exploring whether closer-to-real-time auctions—or combinations of auctions across different timescales could improve market efficiency, system operability, and participant engagement. The project will assess high-level design options for auction timing, granularity, and delivery duration, with recommendations developed in collaboration with NESO. This work will inform future market design decisions and support the transition to a more flexible, responsive energy system
Benefits
Dynamic Response is a market has more than 30 active participants and is still growing. The current procurement arrangements, while perfectly sensible, were chosen in part for their simplicity to enable the rapid launch and growth of the market. Now the market is becoming mature, a review of procurement structures is prudent, whether the review identifies opportunities to improve social benefit or simply confirms that the existing arrangements are performing well.
| Name | Published |
|---|---|
| NIA Project Registration and PEA Document | 04 Aug 2025 |