go to top scroll for more

Generating Additional Markets for Mature Access to Flexibility (GAMMA Flex)

Reference Number
NIA_WPD_069
Title
Generating Additional Markets for Mature Access to Flexibility (GAMMA Flex)
Status
Completed
Energy Categories
Other Cross-Cutting Technologies or Research(Energy system analysis)
Other Power and Storage Technologies(Electricity transmission and distribution)
Research Types
Applied Research and Development
Science and Technology Fields
SOCIAL SCIENCES (Economics and Econometrics)
SOCIAL SCIENCES (Business and Management Studies)
UKERC Cross Cutting Characterisation
Not Cross-cutting
Principal Investigator
Project Contact
Western Power Distribution (WPD) - South West
Award Type
Network Innovation Allowance
Funding Source
Ofgem
Start Date
01 June 2022
End Date
31 January 2023
Duration
ENA months
Total Grant Value
£374,952
Industrial Sectors
Power
Region
South West
Programme
Network Innovation Allowance
Investigators
Principal Investigator
Project Contact, Western Power Distribution (WPD) - South West
Other Investigator
Project Contact, Western Power Distribution (WPD) - East Midlands
Project Contact, Western Power Distribution (WPD) - South Wales
Project Contact, Western Power Distribution (WPD) - West Midlands
Industrial Collaborator
Project Contact, Western Power Distribution
Web Site
Objectives
The innovation work is expected to be delivered through several linked work packages as follows.WP1 PM and reporting.WP2 - Market Design & Blueprint - Milestone 1: Detailed market design stakeholder feedback complete.WP2 - Market Design & Blueprint - Milestone 2: Detailed market design complete.WP2 - Market Design & Blueprint - Milestone 3: Detailed technical specifications stakeholder feedback complete.WP2 - Market Design & Blueprint - Milestone 4: Detailed operational & technical specifications complete.WP2 - Market Design & Blueprint - Milestone 5: Updated Rule book.WP3 - ESO Co-ordination Analysis - Milestone 6: ESO Co-ordination Complete.WP4 - Operational Trials Design (Optional) - Milestone 7: Operational Trials Design Complete.WP1 - Project Management and Reporting - Milestone 8: Closedown report.WP5 - BAU Handover - Milestone 9: Handover. A flexible energy system is estimated to be worth in the order of £16.7bn pa out to 2050 , according to the Carbon Trust and Imperial College London. Currently, whilst procurement for flexibility services is increasing across all DNOs, it is still a nascent market.During ED2, DNOs are expected and WPD is committed to be taking a Flexibility First approach to constraints and so it is imperative that we are ready to take the next step. Having undertaken near real time flexibility procurement under Intraflex we believe that we can see a roadmap out to this and as such published our recent consultation on our vision for the future.It is anticipated that the value of WPD Demand Side Response (DSR) services could reach £9.3m over the next five years (from our Distribution Network Options Assessment)[3
Abstract
GAMMA Flex will build on the learning of Intraflex and seek to push our understanding of what is needed for a liquid flexibility market to the next level by including some key new learning through for example, secondary trading, Demand Turn Up, and other services, which should give participants the opportunities that they need to stack revenues from adjacent markets. It will be delivered by designing a set of market blueprints that will envisage how each services will interact and fit in the future flexibility market place. These are all vital insights that we need to progress our aims and understanding for flexibility markets. It also supports our strategic consultation on Flexibility and has potential to easily transition into business as usual if proven.
Data

No related datasets

Projects

No related projects

Publications

No related publications

Added to Database
14/10/22