smart-networks

PILLAR: SMART NETWORKS

Flexibility Market Platform

63-Flexibility-Services-Dispatch-Platform-e1687187981518

What we will do and why

An online platform facilitating the procurement and management of flexibility - from registration and qualification through to performance assessment and market settlement.

Key deliverables

  • Simplified user experience through the flexibility process
  • Support for day-ahead flexibility procurement
  • Range of APIs to support integration with Distribution Network Operator and flex provider systems

Target outcomes

  • Increased flex provider satisfaction
  • Increased supply of flexibility
  • Increased competition for flexibility opportunities
  • Improved coordination between Distributed System Operators and Electricity System Operator

Measures of success

  • Customer and stakeholder satisfaction.

Stakeholder Engagement

Platform requirements were shaped by engagement with flexibility providers, both bilaterally (particularly through the tender process) and through three flexibility forums during 2023. We have another in-person flexibility forum planned for January 2024 to provide the vision for the platform and validate stakeholder priorities.

Planned start:

23.04.2023

Target completion:

01.03.2026

Key milestones:

  • Launch of tender process (Jul 2023)
  • Initial deployment of the platform (Mar 2024) - Delayed
  • Deployment of long term tenders (May 2024)

Status:

On Track

Date of change Category Description
24.12.2023 Update

Initial deployment of the platform changed from December 2023 target date due to delays, expected to now be early 2024. More detailed information to be released in 2024. A summary of stakeholder engagement has been added to this initiative page.