Technology - 05/May/2023

The rise of the flexers

The ability of consumers to adjust their electricity demand in response to price signals and system operator requirements has a fundamental role to play in the energy transition

Elevate your listening experience, try our app - iOS / Android Financial incentives and a regulatory framework that values demand-side flexibility assets are essential to limiting investments in the grid and backup generation   USE THE FLEX Wholesale power prices rise and fall during the day but end users do not have similarly flexible tariffs so cannot take advantage of the lower prices BREAK THE HABIT Demand flexibility can reduce the need for grid investments but utilities have long been supported in making capital expenditures KEY QUOTE The market rules and regulations are still very much oriented to central power generation and consumers being passive bill takers   When the UK’s National Grid ...

 

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