The FleX competition run by the Department for Business, Energy and Industrial Strategy (BEIS) will support the development and demonstration of innovative solutions to value and trade flexibility, specifically looking for innovative and replicable flexibility exchange solutions which provide marketplaces for multiple flexibility products, offered by multiple providers (sellers) of flexibility to multiple buyers.
The flexibility to be traded could be provided by domestic or business consumers from a range of sources, including: energy storage, demand-side response (DSR) and demand reduction; or generation
Up to £4 million will be available, from 2019 to 2021. The competition is expected to support up to 3 demonstration exchange projects to be operational by March 2021 with final trials and reporting to be completed by December 2021. The deadline for applications is 18th April 2019.
Further information on the competition can be found at: Flexibility exchange demonstration projects: FleX competition
Please get in touch if you wish to discuss any of these opportunities with us.