Markets Forum events

If you missed our latest Markets Forum event on 14 May, you can catch up on all the content here. 

View the event material to learn more about:

Looking to the future in markets – latest review of electricity market arrangements (REMA) updates, flexibility strategy, the new gas and whole energy roles we’ll undertake as the National Energy System Operator (NESO). 

Improvements to balancing – review of the use of storage in the balancing mechanism and sharing the latest on work to improve balancing and constraints costs. 

Next steps in our key markets – updates on the latest electricity market reform (EMR) delivery portal and key ancillary service updates including enduring auction capability, balancing reserve, quick and slow reserve, demand flexibility service, and frequency response. 

We also ran a panel discussion with questions around the priorities for NESO in its first year and challenges to meet net zero. 

If you have any feedback or questions from the event, contact us by email at: [email protected] 

We are pleased to bring you the first Markets Forum event of 2024. Having listened to your feedback about accessibility to our forums and the time commitment required, we have agreed to annually hold two pre-recorded events, and two in person where the main presentation will be live streamed. 

Our intent is to keep the messages at these forums focused on the things that matter to you. We aim to keep messages at a holistic level, communicated in a way that does not require expertise, and to also signpost how you can get more involved in specific topics. 

To kick off the new format, we have published a recorded webinar and a set of videos on the Markets Roadmap chapters. This was also followed up with a live Q&A session. The links to the content can be found below.

Markets Forum webinar

In this video, we share updates on key topics that we know are important to you. The topics included are:

• Operational overview – We cover the challenges that the control room experienced over the winter period.
• Markets Roadmap – We cover the key highlights from the latest Markets Roadmap.
• Key themes of industry feedback
  • Revenue stacking – We provide an overview of what revenue stacking is, the benefits and our plans going forward.
  • Operational metering – We provide an update on the metering standards and the independent review of operational metering.
  • Energy storage in the Balancing Mechanism (BM) – We provide an update on the progress of the plan and the additional measures we have put in place since October.
  • Electricity Market Reform (EMR) portal – We provide an update on the improvements made following recent feedback.
• Update on current projects
  • Reserve Reform – We cover an overview of our current and new Reserve products, and a summary how they are helping to balance the system.
  • REMA – We provide an update as to how we are working with DESNZ and industry to overcome barriers for clear signals and efficient operation of the BM.
  • Flexibility strategy – We explain why we need flexibility, what the future looks like and how you can get involved.
• Key code and reform updates – We cover what our codes team do, with a focus on GC0166 (Balancing Programme), GC00156 (Electricity System Restoration standard), Interconnector Framework and an update on Energy Code Reform.

Watch the Markets Forum webinar

Download the slides

Watch the Q&A session

Download the Q&A

If you have any feedback or questions from the event, please contact the team.

In March we also launched our annual Markets Roadmap, so we have a separate set of videos that cover a summary of the Roadmap and a brief overview of the chapters, which you can watch below. 

Thanks to all those who joined us at the Markets Forum event on 8 November 2023.

The forum covered:

• How the current market is structured and is operating now
• How our markets are being developed
• Longer-term market reform
• In-person breakout collaborative sessions
• Industry panel

If you have any feedback or questions from the day, please contact the team.

You can download the material from each session using the links below.

Documents

Videos

Thanks to all those who joined us both in-person and on the livestream at the Autumn Markets Forum event on 28 September 2022.

The forum covered:

• Short-term priorities: Approach to Winter 2022
• Medium-term priorities: Updates on new projects such as Demand Flexibility and Upward Firm Regulating reserve
• Long-term priorities: Net Zero Market Reform
• In-person breakout collaborative sessions

If you have any feedback from our Autumn event, please use the feedback form or email us.

The unanswered Slido questions from the event are found here.

Thanks to all those that joined us at the Markets Forum event called “Enabling Britain’s Clean Energy Future: Markets Forum and Roadmap" on 22 March 2022.

The forum covered:

• The Markets Roadmap
• Stability and reactive power markets
• Net Zero Market Reform
• Key notes from Fintan Slye

Thanks to all those that joined us at the Markets Forum event on 18th November 2021.The forum included the following topics:

• Markets Roadmap: What next?
• Net Zero Market Reform
• Energy Code Review

We held a stakeholder event so that we could keep discussing our progress with you. This interactive Markets Forum covered the following topics: 

• Net Zero Market Design
• Pathfinders: Opportunities for customers and discussing the challenges so far
• Strategic code change: Offshore transmission, storage, and the road to 2025
• Becoming a better buyer: an introduction to the Single Markets Platform

You can find feedback from the pathfinders update here, other Q&A sessions can be found at the end of the slide packs.

Below you can find the deep dive sessions, slides and podcasts from our March 2021 workshop.