In addition to the N2EX market, the United Kingdom has a day-ahead market operated by EPEX SPOT, which manages electricity spot market auctions in Great Britain. This market is part of the liberalised and competitive structure of the British electricity sector, and coexists with other platforms such as Nord Pool. Although the United Kingdom is no longer part of the European single market after Brexit, EPEX SPOT continues to operate as one of the country’s main electricity exchanges.
The British electricity system is managed by National Grid ESO, which acts as the transmission system operator and is responsible for ensuring the real-time balance between supply and demand.
In the coming years, the electricity market operated by EPEX SPOT in the United Kingdom will continue to adapt to the structural changes in the energy system:
At AleaSoft, we have been offering services for European electricity markets for 27 years, including the UK’s EPEX SPOT. We provide price, demand and renewable production forecasts, tailored to the needs of generators, retailers, aggregators, traders, investors and system operators.
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