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Demand response firm ‘to open up flexibility market’

By District Energy posted 12-19-2017 09:48

  

Jonny Bairstow, Energy Live News

Image: Shutterstock

Summary

A British demand response firm has announced plans to become an energy supplier and take on the Big Six.

Flexitricity plans to give its industrial, commercial and public-sector customers access to National Grid’s flexible power market, known as ‘the Balancing Mechanism’, by seeking a supply licence.

The Balancing Mechanism is the real-time flexible electricity market National Grid uses to balance supply and demand.

Access to this market is currently the preserve of traditional energy suppliers like the Big Six.

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