While demand flexibility isn’t a new concept, the ongoing transformation of our energy system is creating a new set of pressures. No longer are we dealing with a linear generator-to-consumer model built around dispatchable, fossil fuel-powered generation. Today’s generators are ‘greener’, but they are also more distributed, more intermittent and less dispatchable. At the same time, the shape, volume and variability of electricity demand is scheduled to grow, due to the wave of electric vehicles and heat pumps forecast to connect to the system over the coming years. These factors mean balancing events will become more common, more localised and will require intervention from more participants. The Carbon Trust recently suggested that in order to operate an efficient net zero energy system by 2050, 11GW of flexible demand will be needed from commercial users, 12GW from smart assets, and 48GW from electric vehicles.
Current 5th July 2021 read more »