Flexitricity is the demand response pioneer. Our innovations have shaped demand-side flexibility since 2004.
Flexitricity created and now operates the first, largest and most advanced demand-response portfolio in GB. We bring revenue to British businesses, increase asset reliability, reduce national CO2 emissions and help to secure energy supplies.
We pioneered open-market aggregated demand-side services for electricity system balancing. Flexitricity firsts include aggregated STOR and FCDM; Footroom and demand turn-up; post-fault despatch for distribution networks; and demand-side smart frequency control (SFC).
We have the largest number of connected industrial and commercial customers, the most diverse customer base, and the broadest portfolio of services.
We are Britain's demand-response leader.
19 Canning Street
The Capacity Market (CM) is part of the government's Electricity Market Reform package. Flexitricity was the first demand response company to enter this market.
The CM is intended to secure electricity supplies by paying extra for reliable sources of capacity.
The full cost of this will be recovered from Britain's electricity consumers –including businesses – from October 2016. Flexitricity can turn this cost into revenue.
Flexitricity is the only demand-response company to hold CM contracts for the first (2018) delivery year. Our demand-response solutions are qualified to work alongside the Capacity Market. We hold headroom, and are allocating it to business consumers and generators on a first-come, first-served basis.
Three options for participation
The main T-4 auction runs annually and buys capacity to be delivered in four years’ time. Flexitricity successfully secured T-4 contracts in the first auction, and will repeat this process annually to provide continuity of income.
This is a top-up auction for the 2018 delivery year, which we will use for sites which aren’t ready to take up our T-4 headroom. Most businesses will want to move into T-4 as soon as possible to take advantage of predictable prices.
Supplementary Capacity Auction (SCA)
This one-off auction, in January 2017, will buy the full national capacity requirement for 2017/18 in a single step. The SCA is a windfall for anyone already in the CM, and a great reason for new capacity to join early.
N.B. The information contained in this entry is provided by the above supplier, and does
not necessarily reflect the views and opinions of the publisher