Edinburgh, Scotland: Flexitricity is giving operators access to National Grid’s new winter Demand Flexibility Service.
The scheme allows businesses to offset costs by reducing their energy consumption during high-stress periods, such as the evening peak and the morning pick-up when electricity consumption rises quickly.
The new service targets domestic, industrial and commercial energy users that are not currently participating in other flexibility services and markets. Flexitricity pioneered the GB demand side response industry and now operates a ‘virtual power plant’ of over 850MW of contracted assets, earning revenue for its customers as well as paving the way to net zero. Flexitricity uses its control room in Edinburgh to operate in multiple markets, including frequency response, wholesale traded power, the Balancing Mechanism and emerging flexibility services.
Flexitricity is promoting the latest service from National Grid, launching on 1 November, to manufacturing and refrigeration businesses as well as water and waste companies.
Andrew Langlands, head of commercial, Flexitricity, said: “Flexitricity is ready to provide market access to winter DFS, using optimised pricing to provide the best return for business energy users.
“Over the last year energy prices have increased significantly which has created challenges for many businesses and households. This new service provides a fantastic opportunity to generate revenue and offset energy costs.“
National Grid has introduced DFS [Demand Flexibility Service], and other measures, due to the exceptional conditions we’re facing this winter. It will help to safeguard our energy system against blackouts and disconnections and give energy users a much-needed boost.”
Flexitricity looks for flexibility in electricity consumption and generation, creating revenue for energy users and generators as well as helping to secure energy supplies and balance variable renewable generation. Demand side response and broader flexibility provision will be crucial to achieving a net zero system at lowest overall cost, it says.
Flexitricity is wholly owned by Quinbrook Infrastructure Partners, an investment manager dealing with lower carbon and renewable energy infrastructure investment and operational asset management in the US, UK and Australia.
