Starting in October 2021 we will be running Flexibility Market Trials and are looking for people in Oxfordshire to get involved.
As well as providing an opportunity to be part of a cutting-edge project shaping the future of the electricity network and enabling the journey to net-zero, you could also access payments of up to £500/MWh for flexible electricity by taking part.
We are looking for anyone who:
- Owns or manages an electricity generation asset or storage (such as batteries) located in Oxfordshire; or who
- Owns or manages a business in the county that could take part in ‘demand response’, altering your electricity consumption away from times of peak demand on the network.
The trials will help us to design the flexibility markets of the future which will free up space on the network for Low Carbon Technologies and enable Distributed System Operations.
The TRANSITION project is carrying out these trials in Oxfordshire as part of Local Energy Oxfordshire.
Who can take part in the market trials?
- You will need to be able to turn your energy consumption, or the generation of your asset (or battery dispatch) up or down on request with up to 12 hours’ notice.
- Be able to monitor your asset at least every 30 minutes.
- Initially, we are only able to invite commercial companies/businesses to take part in the trials – they are not directly open to domestic participants. Domestic customers can however take part through a flexibility aggregator.
Find out more, about qualifying to take part including project aggregators.
What could you earn from taking part?
What you could earn will depend on the assets you have, their capacity, the number of services you take part in and various other factors
You could be paid up to £500/MWh for supplying flexible energy. We will offer fixed price options for those looking for certainty from the market and auctions for those looking to optimise their market position.
Market stimulation packages
We are keen for as many people and individual assets to be able to take part in our flexibility market trials in Oxfordshire as possible.
We are developing a range of ‘Stimulation Packages’ that will offer more financial certainty than a traditional competitive auction environment and that supports investment in your assets so you are eligible to take part.
Find out more here.
What next?
Before getting in touch with us to express an interest in taking part in our trials please be sure to check;
- you meet our eligibility criteria above (or could do with a little capital investment)
- your asset is within our trial areas
We are currently developing further materials for this website in response to customer needs and will be building a set of FAQs from the questions we receive.
If you are interested in taking part please complete our expression of interest form.
You can also watch our presentation on the Market Trials given at the 2020 Energy Networks Innovation Conference.
