Projects
Projects: Projects for Investigator |
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| Reference Number | NIA2_NGESO024 | |
| Title | REVEAL | |
| Status | Completed | |
| Energy Categories | Other Power and Storage Technologies(Electricity transmission and distribution) 50%; Other Cross-Cutting Technologies or Research(Energy Economics) 50%; |
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| Research Types | Applied Research and Development 100% | |
| Science and Technology Fields | SOCIAL SCIENCES (Business and Management Studies) 100% | |
| UKERC Cross Cutting Characterisation | Not Cross-cutting 100% | |
| Principal Investigator |
Project Contact No email address given National Grid ESO |
|
| Award Type | Network Innovation Allowance | |
| Funding Source | Ofgem | |
| Start Date | 01 September 2022 | |
| End Date | 31 January 2023 | |
| Duration | ENA months | |
| Total Grant Value | £400,000 | |
| Industrial Sectors | Power | |
| Region | London | |
| Programme | Network Innovation Allowance | |
| Investigators | Principal Investigator | Project Contact , National Grid ESO (100.000%) |
| Industrial Collaborator | Project Contact , National Grid plc (0.000%) |
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| Web Site | https://smarter.energynetworks.org/projects/NIA2_NGESO024 |
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| Objectives | The project will be delivered through a multiphase approach: Phase 1: Agree the future vision and purposeGather ESO stakeholder views, including National Control, Operational Transparency Forum and Market Delivery, identify and gather market participant views and assess and identify regulatory impacts (including consultation with Ofgem regarding the existing sandbox process).Phase 2: Develop a pilot design and asses the feasibility of the proposed systemPhase 2 will answer the following key questions: “What should the system do?”Identifying further questions/issues raised by stakeholders and the regulator to create central use cases, take key learnings from the previous incarnations and subject matter experts (SMEs) to build use case suite, provide measurable cases in financial and carbon terms with alignment to RoI and Net Zero“What is the solution?” Map requirements of the system to business capabilities of existing application estate and present a fit/gap analysis, produce a high-level design of processes for market testing through to BAU launch, build a risk/barrier assessment detailing key risks.“How will it be piloted and funded?”A potential Phase 3 (proof of concept) will follow a go/no go decision at the end of Phase 2. A final report will be prepared to include identification of future funding requirements. Risk Assessment: In line with the ENAs ENIP document, the risk rating is scored Low. TRL Steps = 2 Cost = 1 (£400k) Suppliers = 1 (1 Supplier) Data Assumptions = 1 The purpose of this project is to investigate the feasibility of, and develop, a proof of concept (POC) for an ESO hosted, digitally ringfenced, balancing and constraint market which enables the ESO (supported by groups of energy sector service providers) to act autonomously in building innovative concepts, services and solutions to accelerate the ESOs Markets Roadmap and drive to net zero. Throughout the project we will engage key SMEs internally and externally to gather their views on the development of such a system. Activities will include:Conduct markets scan and review of Future Market ReformRun a future vision event with Industry Innovators on user requirementsEvent output/documentation review and brainstorming session, validate hypothesisReview tie-in with the ESOs Single Markets Platform and the Digital Engagement PlatformDevelopment and delivery of a high-level business case, risk/barrier assessment and scoping documentDevelopment and delivery of a pilot fit/gap analysis and estimated costs and feasibility study Deliver a vision statement, agreed ESO and market stakeholder purposes and a regulatory position statementThrough engagement with internal and external stakeholders identify, and answer, key questionsProduce a high-level POC designMap requirements to business capabilities and present a fit/gap analysisPropose how the system could be piloted and funded | |
| Abstract | Given the necessary rate of change as we move toward net zero and away from traditional technology, we need to be able to test and launch new market services more quickly.This project will investigate the feasibility of, and develop a proof of concept for, a National Grid Electricity System Operator (ESO) hosted, digitally ringfenced, balancing and constraint market which enables the ESO (supported by groups of energy sector service providers) to act autonomously in building innovative concepts, services and solutions to accelerate the ESOs Markets Roadmap and drive to net zero. | |
| Publications | (none) |
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| Final Report | (none) |
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| Added to Database | 14/10/22 | |
