Key market and system concepts relevant to the operation of conventional, transforming and future power systems.
Services available to be utilised to maintain and/or restore System Security where one or more contingency events impact Power System operations. This may include Real
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
A market in which Electricity is bought and sold for delivery on the day after the trade takes place.
Beyond the direct benefits that accrue to Distributed Energy Resource (DER/CER) owner/investors, these resources may also provide services that benefit the following Tiers/Layers of the
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
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
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
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
An entity responsible for the planning, operation and optimisation of a with high levels of Distributed Energy Resource (DER/CER), Electric Vehicles (EV) and other Flexible
A generic term for emerging markets for the exchange and procurement of Energy and other services at Distribution Network level.