UK demand response company Flexitricity says it has successfully tested all of its assets in advance of this month’s start of Britain’s Capacity Market.
The Capacity Market is a key strand of the UK government’s Electricity Market Reform programme and will see companies receive payments in return for providing energy at times of system stress.
In January, Edinburgh-based Flexitricity won agreements for 35 units, delivering 206.3MW, in a Capacity Market auction.
Dr Alastair Martin, founder and chief strategy officer at the company, said: “We have proven that, when it’s done right, demand response is a solid resource that can help secure the energy needs of the UK, come what may. It also proves that successful demand response requires expertise, technical capability, experience and sheer hard work.”
He added: “As summer wanes and colder, darker nights creep in, these results provide reassurance, especially in this first delivery year of the Capacity Market proper, that demand response delivers”.
Flexitricity’s customers include businesses in retail, manufacturing, communications and banking, and public-sector organisations covering central government, higher education and the National Health Service.
Martin said that the Flexitricity network “is a truly decentralized virtual power plant ” something that is becoming increasingly important as we move away from traditional baseload power stations. From Aberdeen to Somerset and from Preston to Hull, our customers span the length and breadth of the UK and a remarkable range of industrial, commercial and public sector energy users.”à‚