Consumers’ role in flexibility is built on trust
The energy transition requires more flexible grids, but this flexibility can deliver benefits to consumers and grid operators. FORESIGHT spoke to Devrim Celal, chief executive at Octopus Energy’s flexibility platform provider KrakenFlex, about these developments and wider business model innovations in the energy sector
Failing to increase the level of flexibility on the power network will jeopardise the energy transition
Achieving global climate goals will require everyone to do their bit. However, it is hard for the average electricity consumer to contribute to the energy transition without a helping hand from technology. KrakenFlex, an energy flexibility management platform acquired by UK’s Octopus Energy Group in 2020, aims to provide such assistance by making it easier for consumers to save money while contributing to demand response programmes. ...
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