Project TraDER will deliver a neutral market platform, the operation can either be centralised (operated by a neutral market facilitator), or decentralised (overseen by multiple governing authorities). Both the governance structure and the commercial model will be studied and determined throughout the project.
TraDER is not a dispatch platform, rather a marketplace based around the principles of self-dispatch. Moreover, TraDER is not looking to replace the residual market, rather to gradually aggregate liquidity in near real time, traded markets.
Objectives
SSEN will act as a facilitator to TraDER by:
Delivering data from the ANM system currently operating in Orkney.
Enabling changes to the ANM system in order to execute trades created by the TraDER platform.
In return, TraDER will deliver outputs which will allow SSEN to assess the impact of –
How trades can be implemented on the ANM scheme eg. changes to Last In First Out (LIFO) connection order, and associated costs to SSEN.
Scale of the market to ensure implementation costs can be recovered by SSEN.
Allows SSEN to assess the preferred Neutral Market Facilitator (NFM) model of 3rd parties. This assessment can feed into wider DSO related projects being undertaken by SSEN
Learnings
Outcomes
The project achieved the following key outcomes, as reported during the BEIS TraDER project closedown:
• TraDER is a first working example of a Distribution Network Operator (DNO)/DSO-enabled market that was operated by a neutral market facilitator and not a DNO/DSO.
• The project provided a first example of a DNO operating an ANM system enabling a market by providing network security against flexibility non-delivery (as an alternative to prevention of market participation due to exclusion of ANM-located DER for some ESO products/markets).
• Through the development of the Demand Turn Up (DTU) local constraint product, TraDER has successfully demonstrated trialling of a trading platform hosting a real-time peer-to-peer market trading physical energy.
• TraDER has proved that the alleviation of constraints can be handled by market solutions via trading platforms.
• TraDER has shown that trading platforms can increase access to revenue streams for distributed energy resources.
• The TraDER project has increased the TRL of market platforms. The project has improved the knowledge and understanding of how these may operate in the future, the value they could add and the current barriers to their operation.
• The TraDER market platform has helped minimise the administrative and technical burdens of participation for flexibility services, particularly for smaller market participants.
This learning will be further developed via the Bi-TraDER Network Innovation Competition (NIC) project.
Lessons Learnt
Future projects, such as Bi-TraDER, are already expanding on the learning from the TraDER BEIS and NIA projects. The TraDER project has successfully demonstrated sufficient market potential to warrant further development with a larger NIC project.
The lesson learnt from the NIA project is the challenge when integrating with systems that form part of critical national infrastructure. To enable this integration and data sharing a significant amount of planning and system design is required to ensure security levels are maintained. This should be clearly communicated with potential future project partners to fully understand the timescales required for such implementation. The TraDER project has provided SSEN as a baseline methodology to adopt for any similar data integration requests.
Lessons learnt have documented by the project partners within the BEIS reporting and can be viewed here –
https://es.catapult.org.uk/report/project-trader/
