31st July 2020
Oxfordshire Programme Commercial Arrangements
This report introduces the commercial analysis required on TRANSITION to both test new initiatives and facilitate technical and IT learning.
Namely the report addresses issues surrounding valuation of flexibility resources and how TRANSITION is challenging conventions to help stimulate the market for DER. Particular focus is given to the notion of willingness-to-pay (WTP) vs willingness to accept (WTA) methodologies with reference made to the support of smarter auction mechanisms.
The report also builds on contractual arrangements (initially delivered by the ENA ON-P) and associated flexibility service requirements (i.e. baselining, service stacking) to produce template legal agreements needed to run TRANSITION’s trials.