November saw the introduction of new arrangements that allow customers to realise additional value from their sites’ electricity flexibility.
Customers flexing when and how much power they consume has significant potential to reduce the infrastructure investment needed to move to a more sustainable energy system. For many years, the industry has been trying to unlock the potential of demand-side response (DSR). The latest step towards this came on 7 November with the implementation of P415, which was a modification to the electricity industry central Balancing & Settlement Code (BSC).
In our latest blog, we look at the opportunities for businesses and optimisers that have been opened up by the implementation of Virtual Trading Party arrangements under P415. To read the full blog, ‘My Kinda Party: VTPs and Unlocking DSR', please fill out this short form.*
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