The voice of the energy industry

Understanding the GB Power Market

Date: Monday 27 September 2021 - Registration for this event is now closed
Time: 10.00-16.00

Energy UK, in collaboration with LCP, are launching a new training course ‘Understanding the GB power market’ that focuses on financing power stations, generating electricity and trading across markets. This training will provide attendees with a detailed understanding of the main power markets (Wholesale Market, Balancing Mechanism, Ancillary Services, Capacity Market and Contracts for Difference), breakdown of power asset costs and revenue (Capex, Opex and O&M), network charging, and building the business case for a new asset.  

  • This training course is aimed at:
    • those joining the energy industry as an experienced hire;
    • those with a good working knowledge in the energy industry who want to further their knowledge of electricity markets; and
    • people who have already attended Energy UK’s ‘introduction to the GB energy market training’ course

 The objectives are for attendees to:

  • Understand how the electricity markets function:
    • Wholesale Market
    • Balancing Mechanism
    • Ancillary Services
    • Capacity Market
    • Contracts for Difference
  • Understand how network charges are applied to power assets
  • Gain knowledge of UK generation portfolio and how decarbonisation changes the markets
  • How forecasts are used to build the business case for power assets
  • Exploring future developments in the market

£175 Energy UK member /  £350 non-member 

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