Pricing Proposal walkthrough webinar

When: 7 October 2021, 3pm


Service Area: Codes

Category: Events and webinars

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The ESO are nearly ready to share our Pricing Proposal with you – and we need your views!

Article 6(4) of the Clean Energy Package (CEP) obliges TSOs to settle balancing energy (utilisation) on a pay-as-clear (PAC) basis for standard and specific balancing products. Currently all balancing products in GB use a pay-as-bid (PAB) settlement for balancing energy.

Prior to the UK's exit from the European Union, Acer had approved a European Pricing Proposal (EPP) that outlined when and how PAC would be applicable. The ESO have developed a draft Pricing Proposal (PP) that is specific to the GB market, negating the need for multiple derogations.

We have been working closely with industry to develop this proposal and were seeking views before any formal consultation. We held a webinar in September, and getting your feedback was extremely useful.

In this webinar we shared The Draft Pricing Proposal document with you in full, via a page turn. The webinar also included a Q&A for questions.

Watch the webinar