Markets & System Operations

Key market and system concepts relevant to the operation of conventional, transforming and future power systems.

Control Command

A control command is a directive, usually in the form of a signal or a message, that instructs an entity, system, or device to carry

Day Ahead Market

A market in which Electricity is bought and sold for delivery on the day after the trade takes place.

DER/CER Services Beneficiaries

Beyond the direct benefits that accrue to Distributed Energy Resource (DER) owner/investors, these resources may also provide services that benefit the following Tiers/Layers of the

Dispatch Instructions

Instructions issued by the Market/System Operator (MSO), Distribution System Operator (DSO) and/or Aggregator that either provide directives or targets for participating Energy Resources and Active

Dispatchability

The Dispatchability of a Power System is its ability to acquire system services, sourced from a diverse range of Energy Resources, in a manner that

Distributed Ledger Technology (DLT)

A specific configuration of technology components that records and tracks information in a distributed manner, as opposed to centralised. The information is stored and shared

Distribution Market Mechanisms (DMM)

A general term reflecting a spectrum of approaches and mechanisms to value, incentivise, procure and coordinate Energy, System Flexibility and/or Essential System Services (ESS) from

Distribution Market Operator (DMO)

Distinct from the role of managing a Network Services Market (normally the role of the Distribution System Operator), the DMO is the entity responsible for

Distribution System Operator (DSO)

A future-oriented set of capabilities required in a high-CER/DER Power System where distribution-connected resources provide a growing proportion of Energy, Power, System Flexibility and other

Dynamic Export Management

The management of exports from Distributed Photovoltaics (DPV) to the Distribution Network in a manner aligned with the available capacity of the network. These export