Use Demand Response to generate revenue streams
Flexible Power is a new service, being trialled by Western Power Distribution as part of the “Entire” Network Innovation Allowance project. The service aims to help business customers in the East Midlands generate new revenues from their energy flexibility and investigate the benefits to the local network.
Launching along the M1-M40 corridor (highlighted below), the service aims to make the most of a customer’s ability to reduce their consumption, or increase on-site generation, when most beneficial to the wider system. Flexible Power offers a simple process to accessing these revenues with minimum effort.
By accepting signals to change their electricity consumption, small to large electricity users, can reduce their bills whilst also helping the local network. The whole process is managed by Western Power Distribution, the leading UK network operator with a proven history in customer services.
The trial service is open to half-hourly metered customers in the target area who can adjust electrical load or turn on local generation. The scheme will run from Q4 2017 to Q3 2020. The sign up process is hassle-free and starts with a simple conversation about the customer’s site and business.
Flexible Power can simply offer the local network constraint management zone service, allowing customers the flexibility to source any additional revenues. Alternatively Flexible power can offer a fully managed service, making the most of revenue streams from national balancing services, avoidance of transmission charges and the new WPD constraint management zones.