Short Term Operating Reserve (STOR) Day Ahead Auction Results
Summary
NESO publishes daily auction results for Short Term Operating Reserve (STOR) procurement under Clean Energy Package requirements. This provides transparency on balancing service costs and clearing prices. The data enables market participants to understand competitive dynamics in reserve markets.
Why it matters
Price transparency in ancillary services creates competitive pressure and allows generators to benchmark their reserve offerings. As such, this data release supports efficient price discovery in balancing markets rather than administrative allocation of reserve contracts.
Key facts
- •Daily STOR auction results published
- •Part of Clean Energy Package 6.9 requirements
- •March 2021 implementation
Timeline
Areas affected
Related programmes
Memo
As part of Clean Energy Package (CEP) 6.9 we will be running daily auction for procurement of Short Term Operating Reserve (STOR). The daily results from the auction are available here.