The UK is to host what’s been described as the world’s largest, most ambitious energy flexibility market trial, part of two separate energy pilot projects launched today. The Department of Business, Energy and Industrial Strategy (BEIS) has unveiled support packages for both Project TraDER and a separate, nationwide online flexibility exchange pilot programme, which is to be launched by Piclo. Project TraDER is aimed at bringing forward a first of its kind flexibility exchange that will allow generators to transact directly with flexible assets located throughout the UK. The project brings together heavyweights from the UK’s decentralized energy market, including Scottish and Southern Electricity Networks, EDF UK, Kaluza, Energy Systems Catapult, Elexon and more. Those parties will collaborate on the creation of a single access point for various energy services, including system balancing, stability and network capacity, with the aim of making it quicker and simpler for operating energy assets to provide these services. Renewables will be enabled to pay flexible assets to provide grid capacity, paving the way for new low carbon generation to be brought online at lower cost. An example provided is that in the event of windy weather, the owner of a wind turbine could pay a diesel generator to secure space on the grid, an instance that current market design prohibits.
Current News 26th Feb 2020 read more »