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Posted 1 day ago | 1 minute read
Flexibility to deliver £3B in savings
Over the next three years, flexibility is projected to deliver over £3B in savings, driven by lower contributions to infrastructure costs, reduced connection charges and the increased use of low-carbon energy sources.
New figures from the Energy Networks Association (ENA) note that last year electricity networks in Great Britain secured record high flexibility. As a result of the introduction of new flexibility services and a shift towards real-time procurement, the volume of tenders has increased significantly. The final figures for 2024 shows the network companies have tendered for 31GW of flexibility (using new methodology), of which 9GW were contracted. Tendered flexibility refers to the amount that was planned to be offered by networks through tenders, while contracted is the flexibility that has been secured via tenders to be delivered.
Source: ENA
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