Great Britain electricity market

E790448

The Great Britain electricity market is the competitive wholesale and retail system through which electricity is generated, traded, transmitted, and supplied to consumers across England, Scotland, and Wales.

All labels observed (3)

How this entity was disambiguated

Statements (92)

Predicate Object
instanceOf electricity market ⓘ
retail electricity market ⓘ
wholesale electricity market ⓘ
abbreviation GB electricity market ⓘ
country United Kingdom ⓘ
coversTerritory England ⓘ
Scotland ⓘ
Wales ⓘ
excludesTerritory Northern Ireland ⓘ
governedByBody Scottish Government (energy policy aspects) ⓘ
linked to: Scottish Government

UK Department for Energy Security and Net Zero ⓘ
Welsh Government (energy policy aspects) ⓘ
linked to: Welsh Government
governingLegislation Electricity (Competitive Tenders for Offshore Transmission Licences) Regulations ⓘ
Electricity Act 1989 ⓘ
Energy Act 2004 ⓘ
Energy Act 2010 ⓘ
Energy Act 2013 ⓘ
Energy Act 2016 ⓘ
Utilities Act 2000 ⓘ
hasComponent ancillary services market ⓘ
balancing mechanism ⓘ
capacity market ⓘ
contracts for difference scheme ⓘ
renewables obligation scheme ⓘ
retail electricity market in Great Britain ⓘ
smart meter rollout ⓘ
wholesale electricity market in Great Britain ⓘ
hasFeature ancillary services procurement ⓘ
balancing mechanism operated by system operator ⓘ
capacity market auctions ⓘ
carbon pricing via UK Emissions Trading Scheme ⓘ
connection charges for generators and demand ⓘ
contracts for difference for low-carbon generation ⓘ
half-hourly settlement for large customers ⓘ
imbalance settlement ⓘ
independent system operator ⓘ
network price controls for transmission and distribution ⓘ
nodal transmission constraints managed centrally ⓘ
price cap on default retail tariffs ⓘ
renewable support schemes ⓘ
retail competition for domestic consumers ⓘ
transition to market-wide half-hourly settlement ⓘ
unbundled transmission and supply ⓘ
hasStakeholder aggregators ⓘ
distribution network operators ⓘ
domestic consumers ⓘ
generators ⓘ
industrial and commercial consumers ⓘ
interconnector owners ⓘ
suppliers ⓘ
traders ⓘ
transmission owners ⓘ
historicalEvent creation of National Grid Electricity System Operator as legally separate entity ⓘ
introduction of British Electricity Trading and Transmission Arrangements ⓘ
introduction of the Electricity Pool of England and Wales ⓘ
privatisation of Central Electricity Generating Board ⓘ
replacement of the Pool by the New Electricity Trading Arrangements ⓘ
interconnectedWith Belgian electricity market ⓘ
Danish electricity market ⓘ
Dutch electricity market ⓘ
French electricity market ⓘ
German electricity market ⓘ
Norwegian electricity market ⓘ
Single Electricity Market on the island of Ireland ⓘ
marketDesign competitive retail market ⓘ
competitive wholesale market ⓘ
liberalised electricity market ⓘ
policyObjective affordability of electricity ⓘ
decarbonisation of power sector ⓘ
facilitation of demand-side response ⓘ
integration of renewable energy ⓘ
net zero greenhouse gas emissions target of the United Kingdom ⓘ
promotion of competition in generation and supply ⓘ
security of supply ⓘ
primaryFuelTypes biomass ⓘ
hydropower ⓘ
natural gas ⓘ
nuclear power ⓘ
offshore wind ⓘ
onshore wind ⓘ
solar power ⓘ
regulator Ofgem ⓘ
regulatoryFramework price control framework RIIO for networks ⓘ
timeZone British Summer Time ⓘ
Greenwich Mean Time ⓘ
transmissionSystemOperator National Grid Electricity System Operator ⓘ
linked to: National Grid
usesMechanism balancing services auctions ⓘ
competitive allocation of contracts for difference ⓘ
competitive auctions for capacity ⓘ
imbalance pricing ⓘ
locational transmission losses ⓘ
market coupling on interconnectors ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

National Grid plc → hasPrimaryMarket → Great Britain electricity market ⓘ
subject linked to: National Grid
ScottishPower transmission network → partOf → Great Britain electricity transmission system ⓘ
linked to: Great Britain electricity market
Electricity Act 1989 → appliesTo → Great Britain electricity market ⓘ
Great Britain electricity market → abbreviation → GB electricity market ⓘ
linked to: Great Britain electricity market
Contracts for Difference scheme → appliesTo → Great Britain electricity market ⓘ