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What are Flexibility Markets?

Flexibility markets are made up of several mechanisms and services, and are designed to help protect the security of electricity supply in the UK and Ireland. When you participate in a Demand Response programme, Enel X enrols the flexibility of your assets into the appropriate market or service. For example, in the case of the Capacity Market, assets are placed into capacity auctions where a price is set that determines the revenue earned by participants.

 

As the electricity grid incorporates more sources of renewable energy, flexibility becomes more valuable. If your business can be flexible about its energy consumption, you can be remunerated through the flexibility markets.

Western Australia Emergency Response
Flexibility programmes within frequency response, wholesale trading, capacity market, balancing mechanism, reserve services, site arbitrage

Enel X offers a range of flexibility programmes

We make sure you are in the right market at the right time to gain the most benefit from your flexibility in the energy you consume, store or generate.

How to get started in Flexibility Markets

1. We work with you to identify the best way for you to participate.

2. We balance your operational energy demands with cost savings and revenue generation.

3. We help you achieve your environmental and sustainability goals.

1. We make sure you are in the right markets at the right time.

2. We work with you to optimise the value of your energy assets.

3. We alert you to price signals and make it easy to join programmes that pay you to use less energy at peak times.

1. We notify you of an event and you choose whether to participate.

2. We can manage your participation remotely or alert you to make the adjustments.

3. You remain in full control of your energy assets.

Enel X battery storage site controller

Significant revenue stream

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“The revenue stream that this has provided for our business is very, very, very significant over the last 6-7 years. It’s really staggering what’s available for very little effort.”

Production Manager, CRH