Exploring the Balancing Mechanism with Claire Dykta (Head of Markets at ESO)

The Balancing Mechanism is the Electricity System Operator’s (or ‘ESO’s’) main tool to make sure that supply meets demand every second of the day.
Whether you are new to the Balancing Mechanism or are looking to find out more about how the ESO navigates this complicated service - this episode provides a comprehensive look at the workings of the BM.
Over the course of the conversation, guest host Ed Porter talks to ESO’s Head of Markets - Claire Dykta, discuss:
- An overview of the balancing mechanism, where it fits in the suite of available markets and how ESO manages the deployment of balancing mechanism units (BMUs).
- Insight into how the coming Open Balancing Platform (OBP) will make the scheduling and dispatch of assets more streamlined.
- How the fifteen-minute rule could change under coming updates.
- How ESO are ensuring route to market is fair in order to maintain confidence in the UK market for investors.
- Skip rates and what ESO is doing to clearly define them and reduce them where possible.
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[@AkhilJariwala]

That was very informative. I really appreciate all the educational metaphors. Claire was an excellent guest for the show!

[@manish5721]

that was very informative podcast.