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Helping you make sense of the energy and water sectors

Training

Balancing Mechanism - commercial opportunities

Public course update – all sessions to be delivered online for the foreseeable future

To ensure we can still deliver our market leading training sessions we have moved all our course delivery online.

Rather than delivering the sessions in a single day, our experts will now provide the content in 3 sessions of around two hours over the course of three consecutive days.

The sessions will be fully interactive, and you can ask our trainers questions via a device microphone, or type questions and comments.

We are highly experienced at delivering remotely as they have formed part of our existing services for many years. You can join the course via any device with access to the internet and a browser.

A streaming service will also be available for delegates that are unable to attend the broadcast time.

You can still book on to any of our courses like normal, and once your booking is complete, you will receive an email link to join 

This one-day 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.

Book this gb course

Next GB Course:
23rd June 2020

Upcoming course dates for
Balancing Mechanism - commercial opportunities

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

Only £595.00 +VAT. Book this
Balancing Mechanism - commercial opportunities

Discounts are available for multiple bookings, please email us for more information.