The ESO Balancing Market Review 2022 sets out what led to the initiation of the review and in particular sets out the details of what occurred in the Balancing Market on the 24 November 2021 leading to the high costs on that day.

It also sets out the scope of the external review carried out by Frontier Economics, working with Lane Clark & Peacock and Cornwall Insight and a summary of the key findings before discussing next steps and how we propose to address the issues raised.

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Balancing Market Review 2022

You can use the links below to download the Balancing Market Review and the external review carried out by Frontier Economics.

Balancing Market Review Report   

Frontier Economics Report

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We host regular events covering a range of topics. These have included updates on our balancing services market reforms, major changes to industry codes and frameworks and our views on fundamental market reform needed to enable net zero.

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Our Operability Strategy Report explains the challenges we face maintaining and developing our electricity system and how we are addressing them.

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The Bridging the Gap to net zero programme takes a closer look at what needs to be done to reach the UK’s 2050 net zero target.

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Our ambitious RIIO-2 business plan, led by stakeholders, sets out the crucial role we will play in the transition to a zero carbon electricity system.