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Helping you make sense of the energy and water sectors

Training

Balancing Mechanism - commercial opportunities

 Price - £595(+VAT)

This course explains the detailed operation of the Balancing Mechanism – the tool used by the Electricity System Operator (ESO) to help manage GB electricity supply and demand. Our experts will explain the processes, challenges, and revenues for parties participating in the Balancing Mechanism. The session also introduces ‘Project TERRE, and the changing landscape for Balancing Services contracts and how all balancing charges incurred by the ESO are recovered via Balancing Services Use of System (BSUoS) and imbalance charges via the electricity settlement process.

Who’s it for?

  • Generator and storage asset operators
  • Electricity suppliers
  • Developers and investors
  • Aggregators and offtakers

What does it cover?

  • Role of the Electricity System Operator
  • Walk through of the Balancing Mechanism
  • Latest on Project TERRE
  • Balancing Services contracts
  • Single Imbalance Price (SIP) creation and settlement

Booking Information

Price:

£595

Discounts are available for multiple bookings, please contact Emily at training@cornwall-insight.com to book this course or for more information.

Sorry there are currently no upcoming dates, please contact us on 01603 602115 or via email

Plan your training pathway

All Cornwall Insight courses are arranged within training pathways, easily allowing you to select which level you required. Simply choose from the drop down below to view our development pathway.

1
Foundation
Course
Introducing the GB energy market
2
Intermediate
Course
GB energy retail competitive landscape
3
Advanced
Course
Electricity settlements: from the meter to the bank