Trans European Replacement Reserve Exchange (TERRE): News
GB participation in TERRE delayed until 2021
National Grid ESO (NGESO) have announced that it is now not possible to facilitate GB participation in the Replacement Reserve (RR) market for the Trans-European RR Exchange (TERRE) before the end of 2020.
Technical changes deployed to support Project TERRE
A major milestone was reached on 29 May as the technical changes necessary to enable GB industry parties to join the central Trans-European Replacement Reserve Exchange (TERRE) platform and trade in the European electricity market was successfully deployed.
TERRE Delayed: Elexon response to National Grid ESO’s announcement
On Friday, National Grid ESO announced a delay to implementing the necessary changes that will enable industry parties in Great Britain to participate in the Project Trans-European Replacement Reserve Exchange (TERRE).
Update on Project TERRE and our plans for Industry Testing
Elexon is supporting National Grid Electricity System Operator (National Grid ESO) to fulfil its responsibilities for Project TERRE (Trans European Replacement Reserves Exchange).