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HomeRenewablesbalancing costsOfgem closes consultation on flexibility market plan

Ofgem closes consultation on flexibility market plan

Ofgem is concluding its consultation on Flexibility Market Asset Registration today.

This initiative is important for managing the increased demand for the electricity system driven by the growth of renewable energy and the electrification of heat and transport.

Flexibility is necessary to prevent the waste of renewable energy and to avoid increased costs for consumers.

The consultation seeks input on how to deliver a common registration system for distributed flexibility assets, such as electric vehicles, heat pumps and domestic battery storage, to allow them to access markets run by the Electricity System Operator and Distribution System Operators.

Stakeholders are being asked to provide feedback on several key areas, including the prioritisation of common asset registration, the scope and principles of the digital infrastructure solution, and the roles of different bodies in delivering the system.

Energy Live News
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