Cost-Benefit Analysis of Locational Pricing for Transmission Losses in GB Electricity Market
Awarded 04 Nov 2015
About
The Competition and Markets Authority awarded a contract to NERA Economic Consulting for a simulation model-based cost-benefit analysis of introducing locational pricing for transmission losses in the GB electricity market.
The work involved determining base and additional scenarios, proposing and implementing a methodology for locational scenarios, estimating transmission loss factors, simulating the GB electricity system to assess economic costs under various loss-charging methodologies, and providing net benefit results for consumers and generators with regional and generator breakdowns.
The contract value was £73,880.
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