Create flexibility marketplaces at scale
ElectronConnect is a market platform that helps network utilities & municipal suppliers to launch, operate, and coordinate multiple local flexibility markets at scale.
Deploy and operate a variety of markets around your requirements
Use a flexibility marketplace template that’s designed to address the current and future flexibility needs of the energy system, and marketplace users. Rapidly deploy different market structures using ElectronConnect, a platform that’s continuously refined and updated as market designs, participant needs, and capabilities evolve.
ElectronConnect
Configurable flexibility marketsWhether you’re buying flexibility or providing grid services, use a marketplace that suits your needs through our flexibility market platform. Let’s accelerate the transition to Net Zero energy together.
Configure multiple markets
Use one platform for all your marketplacesThe ElectronConnect platform has been developed to enable users to create, operate, and participate in multiple optimisation markets for distributed low-carbon energy and network capacity. Configure the markets on one platform to suit your needs.
Local Constraints
Local constraint markets provide a pre-fault reinforcement deferral to System Operators and Network Operators, and support for network restoration post-fault.
ElectronConnect offers a wide range of local constraint market configurations. This includes long-term contracts and ahead scheduling for pre-fault markets, as well as near real-time resource dispatching for post-fault markets. Include optional coordination between national and local System Operators, to suit your requirements.
Local Curtailment
Local curtailment markets enable dynamic, real-time trading of curtailment between Distributed Energy Resources (DERs), both generation and demand, allowing DERs subject to curtailment to optimise their positions in curtailment queues.
ElectronConnect facilitates trading between many DERs simultaneously and supports several different ‘many-to-many’ matching algorithms. The trading is directly informed by real-time network management signals that are integrated with the platform.
Demand Response
Demand response markets help ensure grid stability and reliability through load shifting and shaping services provided by Industrial & Commercial, or residential end-consumers. Demand response is typically procured ahead of time by the System Operator from multiple resources.
ElectronConnect offers various demand response market configurations to cater for demand response actions. This includes integrations with third parties, such as meter data platforms and consumer-facing apps to communicate upcoming demand response events.
Community Energy
Community energy markets allow bi-lateral local community energy trading, enabling local communities to use renewable energy produced locally.
ElectronConnect supports different community energy trading arrangements, such as where local solar or battery prosumers can sell their excess energy to local consumers. The service includes management of community demand and generation profiles, signal sending to community DERs and energy accounting and settlement after delivery.
ElectronConnect
The flexibility market platformElectronConnect enables distributed energy resources to trade flexibility and provide flexibility services in local energy markets. Use a market platform that’s highly configurable, easy to use, and based on proven and scalable technology.
End-to-end flexibility trading
ElectronConnect’s flexibility market software provides an end-to-end flexibility trading workflow solution. From resource onboarding to settlement, it connects System Operators and Network Operators with DERs to facilitate the use and generation of electricity at the right time, in the right place, and for the right price.
Onboard DERs and qualify for markets
The platform onboards DERs and qualifies them for markets based on the configurable qualification criteria defined by market operators (resource location, part of the network, technology type, response times etc).
Match and clear trades for configured markets
The market software matches and clears trades as well as enables rules-based multi-market coordination. Customers can choose from pre-defined market templates or configure their own market. The technology supports a variety of trading protocols, one-to-many and many-to-many trading arrangements, as well as different payment structures (availability and utilisation, utilisation-only) and clearing methods (pay-as-clear, pay-as-bid).
ElectronConnect can integrate with network management systems and power flow analysis tools to automate flexibility procurement, veto resources using the signals from the network management systems, analyse network impact, and more.
Dispatch ahead of time or in real-time
ElectronConnect schedules DERs to dispatch ahead of time or sends dispatch instructions in real-time.
Verify & measure event performance
After the delivery, the platform measures and verifies event performance using meter readings data and performance baselines. The software supports a variety of baseline methods, from historic baselines, to self-declared and baselines with same day adjustments.
Generate invoices and trading reports
In the settlement stage, ElectronConnect generates and disburses invoices, and produces customisable trading reports. ElectronConnect can integrate with customer’s reporting systems and dashboards as well as present the data in data analytics tools like PowerBI.
Success stories
Flexibility is critical to enabling a resilient, cost-efficient transition to Net Zero.
See how others have worked with Electron to work towards achieving this.
