875000

Award outcome

Description

The Panel of Technical Experts (PTE) is an independent advisory group, members of which are appointed by government to advise on technical aspects of Electricity Market Reform. The role of the panel is a technical function and not a forum for policy commentary or for advising the government on its objectives for the capacity market or wider policy issues. They have a particular focus on providing scrutiny of the analysis in National Grid’s annual Electricity Capacity Report (ECR), which provides a recommendation on the target capacity for capacity market auctions. A report with their findings is published annually following the publication of the ECR and the Secretary of State’s decision on the target capacity. We are considering appointing the following panel roles: 1) Economist 2) Mathematician, Econometrician, or Statistician 3) Operational Researcher, Decision or Management scientist 4) Electricity Industry Specialist 5) Capacity Adequacy or Electricity Demand Forecasting Expert (note – this role is a new requirement replacing the Electrical Engineer/Physicist role of previous panels) We will also invite one of the panellists to take on the extra responsibility of Chair in addition to the panel member role as advertised.

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