Markets Roadmap
Reform of NESO’s ancillary service and balancing markets is crucial to ensure we can operate a zero carbon electricity system by 2025, and fully decarbonise by 2035. These reforms will also help lower costs to end-consumers as they are designed to make our markets more efficient, accessible and liquid.
We also understand that our ancillary services and balancing markets are an increasingly important revenue stream for market participants. Therefore, we must provide a clear view of how we see these markets developing.
The NESO Markets Roadmap aims to outline what we are doing to reform NESO markets and why we are doing it. This way, we’re allowing the market to build investment cases and giving all stakeholders the confidence that we are making the right design decisions.
Markets Roadmap 2024
The roadmap outlines our market design objectives, principles and plans to reform and evolve our markets. It details our vision for response, reserve, thermal, voltage, stability, restoration markets, and the Balancing Mechanism.
Download our Markets Roadmap 2024
Interactive version Printable version
Download our November Update
Interactive version Printable version
Watch the webinar alongside our short videos on each chapter on our Markets Forum events page.
Markets Roadmap 2024
Document Library
Webinar slides
Market Roadmap slides
Archive
| Name | Published Sort ascending |
|---|---|
| Markets roadmap delivery plans update December 2023 | 6 Dec 2023 |
| Markets roadmap delivery plans update November 2023 | 6 Dec 2023 |
| Markets roadmap delivery plans – September 2023 | 26 Sep 2023 |
| Markets roadmap delivery plans - August 2023 | 1 Sep 2023 |
| Markets Roadmap 2023 - interactive | 30 Mar 2023 |
| Markets Roadmap 2023 - Markets Design Framework Assessment - Report | 30 Mar 2023 |
| Markets Roadmap 2023 - Markets Design Framework Assessment - Executive Summary | 30 Mar 2023 |
| Markets Roadmap - March 2022 | 16 Mar 2022 |
| Markets Roadmap - March 2021 | 23 Mar 2021 |
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.
Flexibility Markets Strategy – Call for input
We are developing our first Flexibility Markets Strategy to set out our vision, desired outcomes, and the road map to unlocking the flexibility in the GB electricity network
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.