Net zero funding for ‘flexibility markets unlocked’ study

Funded through the Flexibility Markets Unlocked Programme, the study aims to evaluate the possibility of creating a technical process and a defined set of open protocols to enable distributed energy resources (DER) to provide large-scale electricity system flexibility through smart, accessible technologies and markets.

Funding has been made available through the Flexibility Innovation Programme, which is part of the government’s £1bn Net Zero Innovation Portfolio.

The programme will also support the design of technical solutions that can enable data standardisation and revenue stacking across multiple flexibility markets, allowing a ‘more diverse and competitive’ marketplace.

Arup said that this will help realise the flexibility benefits that exist from Low Carbon Technologies (LCTs) to reduce system costs while also enabling commercial interoperability, for different systems to readily connect and exchange information with one another.

According to Arup, these measures will allow for integrations between buyers and sellers across multiple markets, products, and platforms, to prevent vendor lock-ins and siloed operations while consolidating existing flexibility market developments.