SBRI: Flexibility Innovation Programme - Flex Markets Unlocked
Department for Business, Energy & Industrial Strategy · United Kingdom
Key facts
- Estimated value
- £3,000,000
- Contract starts
- 15 Oct 2023
- Contract ends
- 31 Mar 2025
- Buyer type
- Central government
Description
This opportunity forms part of the Department for Energy Security and Net Zero's up to £65m Flexibility Innovation Programme, which seeks to enable large-scale widespread electricity system flexibility through smart, flexible, secure, and accessible technologies and markets.
Key to achieving a smart and flexible energy system will be harnessing the value of distributed energy resources (DER). The provision of distributed, small-scale flexibility is relatively untapped and there are challenges to realising its full system value; this value is fragmented across several markets that are not fully standardised, coordinated or fully accessible to this type of flexibility.
Proposed innovation activity would seek to support innovative technical solutions to enable system-wide coordination, standardisation, and revenue stacking across multiple flexibility markets - unlocking flexibility. The Department is hosting an online information event to inform the design of this anticipated innovative activity on 11th May 2023.
To register for the event, and to hear more about this opportunity, please use the following link: https://www.eventbrite.co.uk/e/flexibility-innovation-programme-flex-markets-unlocked-tickets-623543333897
Categories (CPV)
- 71314000 Energy and related services
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