Flexibility Market Asset Registration

Flexibility Market Asset Registration | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Flexibility Market Asset Registration Publication type: Consultation Publication date: 29 July 2024 Closed date: 24 September 2024 Status: Closed (with decision) Topic: Electricity transmission Decision: Decision: flexibility market asset registration Print this page Related links Call for Input: The Future of Distributed Flexibility Consultation: Market facilitator delivery body Decision: Market facilitator delivery body Governance of the Data Sharing Infrastructure Share the page Share on Facebook Share on Twitter Share on LinkedIn We are seeking your views on delivering common Flexibility Market Asset Registration as the first step in achieving the overall Flexibility Digital Infrastructure vision. Flexibility is essential to achieving ambitions for a zero carbon electricity system by 2030. It is needed to manage the large volumes of variable renewables and the electrification of heat and transport. Without it, renewable energy would be wasted, peak demand would increase, and all consumers would pay the price of a more expensive energy system. Flexibility is hugely valuable: the challenge is how we unlock that value from distributed assets like electric vehicles, heat pumps and domestic battery energy storage systems. In 2023 we published our Call for Input on the Future of Distributed Flexibility, to gather views on our vision for a Flexibility Digital Infrastructure. Our aim was to unlock distributed assets to participate in flexibility markets at the pace and scale necessary. Stakeholder responses validated our case for change, with strong support for Ofgem to intervene to deliver the Flexibility Digital Infrastructure and for the accelerated delivery of enablers which were seen as critical. In this current consultation, we set out how our Flexibility Digital Infrastructure policy has evolved. We welcome your responses to our proposals for achieving common Flexibility Market Asset Registration for distributed flexibility assets to access Electricity System Operator (ESO) and Distribution System Operator (DSO) markets. We are seeking views and input from stakeholders on: prioritising common Flexibility Market Asset Registration as the first step in achieving the overall Flexibility Digital Infrastructure vision the scope of the digital infrastructure solution, as well as the functions and principles it should deliver the Market Facilitator being responsible for delivering enablers and design activities, through Working Groups the advantages and disadvantages of a range of delivery body options for the digital infrastructure itself aligning in the long term with the policy vision for general asset visibility We welcome responses from stakeholders with an interest in flexibility markets and asset visibility, especially at domestic and small-business scale. This specifically includes: flexibility service providers system and market operators market platforms asset installers smart appliance operators We would also welcome responses from other stakeholders and the public. How to respond Please submit your comments by 23 September 2024 to the email below. Respond name Euan Kirkmorris Respond telephone 020 7901 7000 Respond email flexibility@ofgem.gov.uk Main document Consultation: Flexibility Market Asset Registration [PDF, 671.91KB] Subsidiary documents Technical Annex: System Use Case exercise [ZIP, 8.00MB] Response documents Non-confidential responses to the Flexibility Market Asset Registration consultation [ZIP, 10.21MB] Print this page Related links Call for Input: The Future of Distributed Flexibility Consultation: Market facilitator delivery body Decision: Market facilitator delivery body Governance of the Data Sharing Infrastructure Share the page Share on Facebook Share on Twitter Share on LinkedIn Close