Enduring Auction Capability (EAC)
The Enduring Auction Capability (EAC) is being designed to deliver co-optimised procurement for our day-ahead Frequency Response and Reserve products. It is envisioned that this method of procurement will allow us to meet our needs in the most efficient way, while enabling providers to participate in multiple markets.
In the future, this procurement method could extend to new services and products. This may require different algorithms for auctions at various regularity, such as intra-day, day-ahead, and so on.
We are eager to understand your views and so encourage you to contact us if you have any questions, feedback or would like to set up a meeting with the team.
Please find below information on previous events we have held for the EAC, including webinar recordings and slides available to download.
The EAC market design report
This report provides a description of the EAC design and N-SIDE’s power matching algorithm. The purpose of this supporting document is to provide clarity and transparency on technical aspects of the EAC calculations, including the objective function of the algorithm, co-optimisation, the order format and associated functionalities, and the approach to determining clearing prices.
Download the market design report
Market design explainer
We have published an explainer document, which gives an overview of some of the elements of the market design, and contains some simple examples of the construction of basic sell orders.
Download the market design explainer
Mock auction guidance document
We have also published a mock auction guidance document, which gives an overview of how to register for the mock auctions, as well as the upcoming key dates.
Download the mock auction guidance document
EAC - Production environment access guidance document
We have now published a guidance document for the production environment, this gives an overview of how to register for the production auctions, as well as gaining your API tokens.
Download the access guidance document
You can also download our Q&A document which will be regularly updated.
EAC webinar – 23 May 2023
On 23 May 2023, we held a webinar to update industry on the proposed sell-order design, a demo of the new UI, as well as project updates. Below you can find the relevant material shared during the webinar as well as an API quick start guide:
Download slides | Watch the webinar | Download the Q&A | API Quick Start Guide |
Detailed Market Design – 17 February 2023
On 17 February 2023, we held the second webinar to update industry on the progress we have made on the Detailed Market Design of the EAC project.
Download slides | Watch the webinar |
Industry Webinar – 15 December 2022
On 15 December 2022, ESO held the first webinar to update industry on the progress we have made on the High-Level Market Design of the Enduring Auction Capability (EAC) project, including the feedback we have received from industry to date.
Download slides | Watch the webinar |
EAC results file for data portal
As we proceed with development of the Enduring Auction Platform (EAC), we can now provide templates of the results files that market providers will be able to access post-auction via the data portal.
Sell Order Design – 19 January 2023
As part of the SMP Show and Listen workshop on 19 January 2023, we presented the format of the sell order design for the EAC as part of our work for the Detailed Design phase of the project.
We recently held a number of consultation drop-in sessions, providing market participants with support following the release of Article 18 EBR consultation for the Enduring Auction Capability (EAC).
Below you can find the session recordings alongside an example spreadsheet for calculation of settlement values that participants can use to visualise the changes to the settlement calculation, and see how much they would be paid (or pay ESO) for different clearing prices and performance factors.
EAC Roadmap - July 2023
Consultation drop-in session - 05/07/23
Consultation drop-in session - 07/07/23
Legal Documents
Name | Published Sort ascending |
---|---|
EAC - response services procurement rules | 18 Oct 2023 |
EAC - mapping document | 18 Oct 2023 |
EAC - new response services procurement rules | 18 Oct 2023 |
EAC - response services service terms | 18 Oct 2023 |
EAC - consultation changes summary | 18 Oct 2023 |
EAC - proforma responses | 15 Aug 2023 |
Archive
Name | Published |
---|---|
Add Basket With Children | 11 Jan 2023 |
View results training video | 11 Jan 2023 |
Add basket training video | 21 Sep 2023 |
EAC Market Participant guide | 21 Sep 2023 |
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Read our August 2024 update.