Projects
Projects: Projects for Investigator |
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| Reference Number | NIA_WPD_029 | |
| Title | Visibility Plugs and Socket | |
| Status | Completed | |
| Energy Categories | Other Cross-Cutting Technologies or Research(Energy system analysis) 20%; Other Power and Storage Technologies(Electricity transmission and distribution) 20%; Other Cross-Cutting Technologies or Research(Energy Economics) 60%; |
|
| Research Types | Applied Research and Development 100% | |
| Science and Technology Fields | SOCIAL SCIENCES (Economics and Econometrics) 60%; SOCIAL SCIENCES (Business and Management Studies) 20%; ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering) 20%; |
|
| UKERC Cross Cutting Characterisation | Not Cross-cutting 100% | |
| Principal Investigator |
Project Contact No email address given Western Power Distribution |
|
| Award Type | Network Innovation Allowance | |
| Funding Source | Ofgem | |
| Start Date | 01 February 2018 | |
| End Date | 01 April 2020 | |
| Duration | ENA months | |
| Total Grant Value | £178,667 | |
| Industrial Sectors | Power | |
| Region | South West | |
| Programme | Network Innovation Allowance | |
| Investigators | Principal Investigator | Project Contact , Western Power Distribution (100.000%) |
| Industrial Collaborator | Project Contact , Western Power Distribution (0.000%) |
|
| Web Site | https://smarter.energynetworks.org/projects/NIA_WPD_029 |
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| Objectives | The visibility plugs and socket project seeks to investigate the use of a market platform to procure and dispatch flexibility services. The process of designing, building and testing the market platform will provide learning that will inform the way flexibility markets operate, DNOs procure services and data is exchanged between interested parties. Centrica are creating a market platform which will enable sellers of flexibility services to see the requirements in a local area from multiple purchasers, similarly it will enable buyers of flexibility services to select from a range of potential suppliers including multiple aggregators or larger customers providing services without an intermediary. The platform can then be used for the arming and dispatching of services and will support the processes for validation of service delivery and settlement. The information on the platform can then be used for notifications between parties to reduce the negative impact that one partys use of flexibility services may have on another, but in the longer term could be analysed to ensure that flexibility markets are growing and operating as expected. WPD are assisting in the design, testing and trial of the platform. The trial of the market platform will include different seasons and market models and will investigate the impact of purchasing at different timescales or volumes on prices. A market platform is expected to deliver the following benefits; Reduced cost in recruiting flexibility services as the central point is easily accessible to all aggregators and larger companies that may choose to act as their own aggregator if the process is simplified. Encouraging new entrants into the market, making flexibility services a realistic option more often, and also reducing the average prices for flexibility services from having greater competition in supply. Avoiding wasted payments on flexibility services that are negated by other parties via the exchange of information. Improved planning by having better information on the availability of flexibility resources and the viability of non-network solutions. The project will trial the market platform in Cornwall, by simulating constraints to demonstrate the use cases of Seasonal peak lopping Maintenance window extension Post fault response These will be operated with two market mechanisms Quote and tender model (with variations in notice periods) Spot market And will be simulated for both transformers and circuits at 132kV and 33kV. To determine the data exchanges that are required to support the platform and the practicalities of purchasing and operating flexibility services via a market platform. To determine a means of optimising the selection of services from those available, which may include other factors than price, such as reliability. To investigate the impact of varying attributes such as market model, purchasing timing etc. | |
| Abstract | To assist Centrica with the design, testing and trial of the market platform known as the Cornwall local energy market. | |
| Publications | (none) |
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| Final Report | (none) |
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| Added to Database | 09/11/22 | |
