Audit of the BID3 Pan European Market Model for National Grid

Bell, Keith and Staffell, Iain (2016) Audit of the BID3 Pan European Market Model for National Grid. [Report]

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    Abstract

    National Grid Electricity Transmission (NGET) has procured a new pan-European electricity market model from Pöyry, BID3, to assist in new requirements for the Integrated Transmission Planning and Regulation Project (ITPR) and Electricity Market Reform (EMR). These require two main distinct functions for the new software: an assessment of within-GB constraint costs; and an assessment of likely interconnector flows.