market reform

Very Fast Raise and Lower FCAS markets to start on 9 October 2023

Very Fast FCAS, because it operates at a faster timescale, can arrest the rise or fall in frequency more rapidly than the current fast service and therefore provides an avenue to mitigate the costs of needing to procure increasing levels of the existing fast service. The markets (raise and lower) are going live on 9 October 2023.

Back to the future

Greg Thorpe of Oakley Greenwood discusses some of the latest developments in the electricity sector which could be described as ‘back to the future’.. and provides a forecast of what might follow.