WP4 involves studying distribution planning economics and pricing methodologies to define the optimum UK solution:
The key tasks include:
- Evaluating policy barriers, and distribution planning & utility standards in Canada, Europe and the UK.
- Defining the transactional energy market structure (e.g., rules, regulations, design, etc) through a series of workshops with other industry demonstrator projects.
- Reviewing the Distribution Locational Marginal Pricing (DLMP) methodology developed for Hydro Ottawa in the Independent Electricity System Operatory (IESO) project.