Long-term (Y-4)
Since 2020, the Voltage Pathfinders have procured for long-term voltage requirements. The development of a reactive power market provides a route to access voltage services through an open, transparent, and competitive market specific to reactive power.
The long-term market will now form part of Network Services Procurement and the market will continue to drive locational investment and enable greater competition in the delivery of reactive power service provision.
We have completed our work on the long-term market and plan to launch the first tender when the right opportunity presents itself. 2029 is the earliest year for which there may be a requirement to be covered by the long-term market, subject to a firm requirement being identified and the long-term market being selected by NESO as the preferred delivery route.