Our account managers and engineers take the time to get to know your unique requirements in order to recommend the best solution for your assets and guide you through the process, every step of the way. We aim to make your life as easy as possible whilst ensuring that you retain complete control.
We work in partnership with our customers—our Energy Partners—rather than just selling a piece of software or equipment. Our approach is based on a revenue share model, and Flexitricity’s philosophy has always been “win as a team, lose as a team”. We have never lost.
There are several sources of revenue available for flexible consumers and small generators, and the most lucrative options change from time to time between capacity, ancillary services and the BM. However, the growth in renewable generation and the decline in fossil fuels means that the value of flexibility is growing.
The challenge is to make the most of the opportunities for the site concerned. That’s not easy—flexibility is complexity. For those new to the world of demand response, that can be intimidating. To navigate these complex waters, you need the right kind of expertise, knowledge and experience. That is what Flexitricity provides— clarity amidst complexity, and an assurance of delivery backed by our unbeatable track record in the industry.
1. CHOICE OF ACTIVITY:
Your account manager will discuss your site’s needs and capabilities with you, determining the possible options available to you in the energy market. This will result in early choices between trading opportunities and participation in ancillary services such as STOR, frequency response and triad management. (Participation in some ancillary services will restrict trading availability).
2. FORWARD PLANNING:
You can fix your base energy costs and revenues at longer timescales that suit your business, through Flexitricity’s custom market access platform. We understand that each business is different—one company might wish to commit a large portion of its energy consumption and generation a season or even a year ahead, whereas another might want to leave most of their decisions to the day-ahead stage. In parallel, Flexitricity will tender for ancillary services where these are appropriate, and will also enter all qualifying capacity into the Capacity Market.
3. OPTIMISING FLEXIBILITY:
Flexitricity will continuously and automatically evaluate the remaining availability you have for short-notice and realtime variations in your site’s consumption or generation. Flexitricity will trade that flexibility in intraday markets and, most importantly, in the Balancing Mechanism.
Flexitricity will use its 24-hour staffed control room and automated systems to ensure on-time delivery. We will provide a single financial statement covering energy costs and revenues, ancillary services revenue, Capacity Market revenue, embedded benefits and non-energy costs.