We want as may people and assets to be able to take part in the trials as possible, so we have designed two Market Stimulation Packages that we hope will support and encourage participation. Terms and conditions apply for both packages below and can be obtained by completing the Expression of Interest Form.
TRANSITION aims to have both packages below available for you to take part in the trials by October 2021, but this will be subject to a number of different factors. We will keep you updated if there are any changes to this position, either via email if you provide it, or through this website.
This package is designed to provide simplicity and financial security when providing flexibility to the network and is recommended for those with smaller assets or those with less experience in taking part in flexibility markets.
We will pay a flat rate of £2/kW of capacity.
The maximum payment per asset will be capped at £100 (so all assets of 50kW and above will receive £100).
You can offer portfolios of multiple assets attaining up to £1500 through this package.
In return we will require you to commit to delivering flexibility across 10 x 1 hour-long events (between the hours of 3pm and 7pm)
The £2/kW payment will be split. 0.50/kW will be paid after the first delivery of flexible energy from your asset(s) and the remaining 1.50/kW paid on the final delivery.
If you have 2 batteries. One is 40kW the other is 60kW
The 40kW battery will be worth (40kW x £2/kW =) £80
The 60kW battery will be capped at the maximum £100
In total your package will be worth £180.
This means you would receive a payment of (£0.5 x 40 + £0.5 x 50 =) £45 after your first delivery. The further £135 would be delivered upon your successful delivery of 10 events.
This package offers an up to 12-month agreement in which all events will be called by the DNO (NB. If the DNO doesn’t call enough events for any reason you will still be paid the full amount.)
This package is designed to provide financial security and support in getting your asset ‘flexibility ready’. It is recommended for those with smaller assets looking to make their participation less manual.
We will pay a flat rate of £9/kW of asset capacity.
The flat rate payment will be capped at £450 for any one asset (assets 50kW and greater will therefore all receive the same payment).
Asset owners may offer portfolios of multiple assets attaining up to £4050 through this package.
In return we will require you to commit to delivering flexibility across 50 x 1 hour-long events (between the hours of 3pm and 7pm). The increase in the level of commitment compares to the Simplicity Package is why we can pay you a higher rate for this package.
The £9/kW payment will be split. £4/kW will be paid on the signing of the package agreement and then £5/kW of flexible energy for the delivery of 50 hours of energy.
The £5/kW is paid over 3 instalments:
If you were a business running a fleet of 15 Electric Vehicles with 30kW capacity batteries, you would have capacity to provide 450kW of flexible energy from the vehicles back to the grid. In this case your package would be worth: (450kW x £9/kW =) £4050.
TRANSITION would pay an upfront amount of (450kW x £4/kW =) £1800. Then (450kW x £1.5/kW =) £675 on you 20th delivery and £675 on your 35th delivery and (450kW x £2/kW =) £900 after the package requirement has been met.
This package offers an up to 18-month agreement in which all events will be called by the DNO. (NB. If the DNO doesn’t call enough events for any reason you will still be paid the full amount.)
If you wish to apply for one of these packages please complete the Expression of Interest Form. We will then send you a simple form to pre-qualify your company, followed by basic questions related to your assets and your chosen package.
We will then assess your application. If accepted, we will provide you with a legal framework agreement to sign.