Markets Roadmap
NESO’s balancing services markets are crucial to facilitate zero-carbon electricity system operation for short periods by 2025, support Government’s Clean Power 2030 ambitions, and drive net zero transformation. Efficient design and operation of balancing services markets is important in reducing costs for end consumers whilst maintaining security of supply at all times.
We recognise that our balancing services markets are an important revenue stream for market participants. Therefore, we must provide a clear view of how we see these markets developing to aid investment and drive innovation.
NESO’s electricity markets roadmap aims to outline what we are doing to reform markets and why. This report consolidates and presents information in a clear, coherent way to support investment cases and giving all stakeholders the confidence that we are making the right design decisions.
Markets Roadmap 2025
The roadmap details our forward-looking view of our markets, our market design principles and plans to reform and evolve our markets. It details our vision for response, reserve, thermal, voltage, stability, restoration markets, revenue stacking and the Balancing Mechanism.
We welcome any feedback on this iteration of the Markets Roadmap, as well suggestions for content to include in future publications.
Markets Roadmap 2024
Enabling Renewable and Interconnector participation in GB ancillary services
Following significant engagement with owners and operators of renewable technologies and interconnectors, we have published a report on what needs to happen to enable those technologies to better participate in balancing services markets.
Document Library
Webinar slides
Market Roadmap slides
Archive
You might also be interested in:
Markets Forum events
We host regular events covering a range of topics. These have included updates on our balancing services market reforms, major changes to industry codes and frameworks and our views on fundamental market reform needed to enable net zero.
Enabling demand side flexibility in NESO Markets
Following our Call for Input (CFI) in June 2024, we’re responding to the urgent need to mobilise demand slide flexibility and the actions needed in the medium term to sharpen the explicit market signals. Find our latest reports in response to the CFI.
Operability Strategy
Our Operability Strategy Report explains the challenges we face maintaining and developing our electricity system and how we are addressing them.
Bridging the Gap to net zero
The Bridging the Gap to net zero programme takes a closer look at what needs to be done to reach the UK’s 2050 net zero target.
Get involved
As the energy landscape evolves, so must we. We aim to work with the industry and regularly update the roadmap based on feedback from our stakeholders.
Attend our future Market Forums and receive updates on our progress. You can also email us if you want to work with us and help inform our future plans.