Glossary

P443 Workgroup 1

This is the first meeting of the P443 ‘To Cap NGESO Interconnector Trades at the Value of Lost Load (VoLL)’ Workgroup.

The purpose of this meeting is:

  • Consideration of the background to P443 and proposed solution; and
  • Consideration of the P443 Terms of Reference

Find out more about P443

Agenda

  1. Welcome & Meeting objectives
  2. What is the issue and proposed solution?
  3. Terms of Reference
  4. Workgroup views on the Issue
  5. How do National Grid ESO decide how to take balancing actions?
  6. NGESO changes required and impacts
  7. Who should the solution apply to?
  8. What could be the unintended consequences of the proposed solution? (Storyboarding exercise)
  9. Progression Plan & Next steps
  10. AOB & Meeting close

How to join the meeting

Telephone: +44 20 7660 8177
Conference ID: 195 760 237# 

A link to join the meeting is provided in the Outlook meeting invite from Elexon.

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