Mid-term market (Y-1)
We have now completed our work with industry, which included a webinar and voluntary Request for Information (RFI) and are recommending implementation of the mid-term Reactive Power Market.
The Mid-term Reactive Power Market will provide a route to access voltage services from existing assets based on their additional capability over & above the requirements of Grid Code through an open, transparent and competitive market.
As our system studies identify future needs for locational voltage services across Great Britain, we will continue to develop our approach for how best to meet these requirements. Once a requirement for mid-term procurement is identified, further information will be provided to industry.
Below you can find the latest material from our workshops and webinars.
Reactive Power Market - November 2024
We hosted an initial webinar on 13 November. The purpose of this was to provide a recap of the Future of Reactive Power Market innovation project, with a specific focus on the mid-term market. This included NESO’s current thinking, next steps and how industry can get involved.
The Market Engagement RFI was a voluntary RFI seeking voluntary views, NESO is not exercising its RFI powers under the Energy Act 2023, but NESO still reserves the right to issue RFIs under this Act. This closed on Friday 13 December 2024.