2005 · 27 citations · 0 references
ManagementEconomicsEnergy EconomicsPricing StrategyTechnology CommercializationCommercialization StrategyDistributed Energy ResourcesElectricity MarketsService PricingAncillary Service PricingAncillary ServicesAncillary Services RevenueDistributed GenerationDistributed Generation IntegrationFinancial Materiality AssessmentService CommercializationValue-based Investment
The overall aim of the study was to investigate the potential for creating ancillary service markets at the distribution level in Great Britain (GB). This included a review of ancillary services market design options, an exploration of the opportunities for distributed generation to provide these services and an investigation of corresponding commercial frameworks. A value-based approach was adopted for each ancillary service in order to assess the financial materiality to generators.