NEC - Safety net provisions and reserve contracting

Summary

Proposed derogation under Ch 8 of the code to the provisions governing the reserve trader. The aim of the proposed derogation is to allow more extensive demand side involvement in reserve trading, ensuring that more reserve can be offered, more competitive reserve contracting process and the management of any inflexibilities associated with reserve contracts by intervention pricing. The proposed changes will broaden the application of the rules.

Authorisation granted to amend NEC provisions relating to safety net arrangements.

Applicant(s)

  • NECA

Authorisation number(s)

  • A90844
  • A90845
  • A90846