The voice of the energy industry

Understanding the GB Power Market

Date: Monday 7 February 2022
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 

Training: Understanding the GB Power Market £350.00

Energy UK Members: £175 + VAT
Non Members: £350 + VAT

Energy UK members should log in to obtain the discounted member rate. If you require your member login details please contact 

Non Members can purchase tickets by clicking on the 'add to cart' button and clicking on the 'register' link after checkout.



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