Driving flexibility at scale: Resources and insights
Energy flexibility is a key part of our shift to a carbon neutral society. Its potential is vast – and much of the flexible capacity in our networks and markets is still untapped. Those markets need more value and volume of flexibility, to help flexibility scale. Read on for how.
Discover the value to volume flywheel
Flexibility service providers (FSPs) need to see more value in flexibility to encourage them to participate in markets. System operators need to see more volume before attributing more value to it.
Yet value and volume are intrinsically linked; as one grows, so will the other. We therefore need to start to introduce more of each – so the flywheel turns and drives flexibility at scale.
How can you inject value and volume into your flexibility markets?
More markets
More markets run on platforms across different flex products and timeframes means more ways for your flexibility service providers (FSPs) to earn revenue. That delivers more value and encourages more flexibility volume for you to procure.
More often
Flexibility service providers (FSPs) and their assets have different requirements and characteristics. Running markets to different timescales – including near real time – helps get more FSPs involved and ready to offer into markets.
More connected
An API-first, flexibility provider-led design in market platforms – with preloaded asset register integrations – can break down another barrier to entry, helping more FSPs get onboard.
Download the whitepaper
An open-ecosystem with portable data between platforms can help deliver competition and innovation in flexibility markets.
The presence of both can establish more value in markets while encouraging more participation – and liquidity.
Read more about the work being done in the UK to introduce more interoperability and coordination, to allow that competition to flourish. Download the whitepaper today.
Explore further resources
What it takes to scale flexibility markets: The Value / Volume thesis
To achieve Net Zero energy by 2035, we need to scale flexibility markets, fast. But how do we do that and why hasn’t it already happened?
How to boost value in flexibility markets: 5 key steps
At Electron’s Flex at Scale 2024 event, a panel of system operator representatives debated how to attribute more value to flexibility markets.
How to introduce more volume into flexibility markets
Flex at Scale 2024 addressed what Flexibility Service Providers (FSPs) need to encourage them to participate in flex markets.
Why I think distributed energy flexibility at scale matters for the US
The US needs – and is ready for – a new, scalable way to manage distributed energy flexibility programs, and we are here to help.
3 takeaways from Flex at Scale 2024
Here are three of the high-level takeaways from Flex at Scale 2024.
How to choose a flexibility market platform that scales
Here are some of the key aspects to consider when choosing a flexibility market platform – and what to look out for to scale flexibility.
Why system operators choose Electron
Paul George
DSO Commercial Lead at Electricity North West