Given the increasing penetration in renewable generation, the UK power system is experiencing a decline in system inertia and an increase in frequency response (FR) requirements. Faster FR products are a mitigating solution that can cost-effectively meet the system balancing requirements. Thus, this paper proposes a mixed integer linear programming (MILP) unit commitment model which can simultaneously schedule inertial response, mandatory FR, as well as a sub-second FR product - enhanced frequency response (EFR). The model quantifies the value of providing faster reacting FR products in comparison with other response times from typical FR products. The performance and value of EFR are determined in a series of future energy scenarios with respect to the UK market and system conditions.
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