Modelling P415 for a GB Logistics Site + Battery
With energy costs remaining volatile and high in GB, and electrification accelerating across logistics, real estate and transport, behind-the-meter flexibility is becoming increasingly critical for managing electricity costs and meeting rising demand within constrained grid connections.
In this video, we explore how P415 enables behind-the-meter sites to access wholesale markets, unlocking additional value beyond traditional retail tariffs. We take a closer look at how baselines are defined, how deviation volumes are calculated, and how these mechanisms translate into real commercial outcomes. You will learn how different baselining approaches impact value capture, how deviation volumes are settled, and how P415 supports participation in wholesale trading while keeping suppliers whole.
We also demonstrate how you can model a behind-the-meter battery under P415 in Gridcog using a logistics site example. We compare a baseline retail scenario against a three-rate tariff and a P415-enabled setup, showing how to model deviation volumes, wholesale market participation, and incremental revenue stacking. Watch how the platform captures both retail and network arbitrage alongside wholesale trading value, helping you quantify the full value stack and make better investment decisions.
💡 Gridcog's platform enables advanced modelling of behind-the-meter storage projects, supporting smarter investment decisions, maximised revenue, and transparent market participation.
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