Open Networks glossary/definitions

BAU
Business as Usual
DER
Distributed Energy Resource
DLT
Distributed Ledger Technology. A technology solution that can securely record financial, physical or electronic assets for sharing across a network through entirely transparent updates of information.
DMS
Distribution Management System
DPS
Distribution Power Flow
DSO
Distribution System Operator
EIC
Energy Innovation Centre
ENA
Energy Networks Association
EV
Electric Vehicle
ICT
Information Communications & Technology
LCNF
Low Carbon Networks Fund
LCT
Low Carbon Technology
LT
Long Term. When referring to Open Networks, is the duration of ED2. Forecasting,is more than four years ahead of delivery.
MP
Market Participant. Any organisation that could buy or sell flexibility services via an NMF
MT
Medium Term. When referring to Open Networks, is the start of 2019 to the end of ED1. Forecasting, is from four years to one year ahead of delivery.
NINES
Northern Isles New Energy Solution
NMF
Neutral Market Facilitator. An organisation responsible for operating a fair, transparent and non-discriminatory market that provides access to all buyers and sellers of flexibility services, including peer to peer transactions.
Nonphysical
Refers to MPs who do not have MPANs for the delivery or receipt of services.
NTVV
New Thames Valley Vision. An SSEN LCNF Tier 2 project.
OJEU
Official Journal of the European Union
Open Networks
The ENA Open Networks project.
Physical
Refers to MPs who have an MPAN for the delivery or receipt of services.
RIIO ED2
Price control period running from 2024 - 2030 RT Real time The period up to 24 hours ahead of delivery.
RTS
Real time systems
SAVE
Solent Achieving Value from Efficiency An SSEN LCNF Tier 2 Project.
SGAM
Smart Grid Architectural Model
ST
Short term. When referring to Open Networks, is to the end of 2018. Forecasting, is one year ahead of delivery to one day ahead of delivery.
STOR
Short Term Operating Reserve
TED
Tenders Electronic Daily
SSEN Transition Contact SSEN LEO