Long-term (Y-4) Stability Market
In 2021, NESO launched the Stability Market Design innovation project to explore the design for the enduring stability market.
This project concluded in July 2023 with AFRY consultants summarising their recommendations in an end of project webinar (slides and recording available on the stability market design webpages).
As a result of this work, in our 2023 Markets Roadmap, we set out the aim to procure stability services across several timescales:
- Long-term (Y-4)
- Mid-term (Y-1)
- Short-term (D-1)
Following the completion of system studies, NESO have identified needs for locational stability services across Great Britain from 2029 onwards. To help meet these requirements, NESO are launching its first long-term tender under the stability market.
For information on the Long-term 2029 tender visit the below link.