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Flex Provider Roundtable #3: short-term, dynamic flexibility markets

Piclo
November 02, 2021
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Flex Provider Roundtable #3: short-term, dynamic flexibility markets

Piclo

November 02, 2021
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  1. Preparing for short-term, dynamic
    DSO flexibility markets
    FP Roundtable
    27th October 2021

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  2. © Open Utility Ltd
    Founded in 2013, Piclo is Europe’s leading
    marketplace for DSO flexibility procurement
    Chaired by Volker Beckers, former CEO of RWE
    Npower plc, we are a team of software
    developers and energy experts
    Piclo Flex DER provides System Operators with
    visibility and access to GWs of flexible assets
    across their electricity network
    About Piclo

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  3. © Open Utility Ltd
    New winter 2021 DSO flexibility competitions!
    We will be working alongside UK Power Networks, Electricity North West and
    SP Energy Networks to facilitate their flexibility procurement this winter.
    New website! Coming soon
    - Stay up to date with System Operator profile pages
    UK Power Networks Electricity North West SP Energy Networks
    Dates:
    ● Qualification close 30 Nov 2021
    ● Competition open 17th January 2022
    ● Competition close 25th January 2022
    Dates:
    ● Qualification close 21 Jan 2022
    ● Competition open 7 Feb 2022
    ● Competition close 18 Feb 2022
    Dates:
    ● Qualification close 21 Jan 2022
    ● Competition open 24 Jan 2022
    ● Competition close 28 Jan 2022
    Locations
    Live on Piclo Flex

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  4. Panel discussion
    Preparing for shorter-term, dynamic DSO
    flexibility markets

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  5. © Open Utility Ltd
    Shorter-term, dynamic markets - why now?
    ● What are shorter-term, dynamic markets? Are the principles agreed across the industry?
    ● Shift towards shorter-term flexibility markets
    ○ EU level regulations has resulted in a shift towards shorter-term / day ahead markets.
    ○ We’ve seen this reflected in National Grid ESO markets
    ● RIIO ED2
    ○ DNOs are gearing up for RIIO ED2 in 2023-2028
    ■ Requirements include that “DNOs should identify the optimum combination of longer and shorter term lengths
    of markets and contract lengths reflecting the network need”
    ■ As a result, we are seeing DNOs commit to procuring flexibility through a mixture of short and long-term
    markets
    ● Developing Piclo Flex
    ○ As the market is evolving, we’ll be continuing to improve the platform and developing Piclo Flex to enable shorter-term
    markets

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  6. © Open Utility Ltd
    Preparing for shorter-term, dynamic DSO flexibility markets
    ● Quentin Scrimshire, CEO Modo Energy
    ○ Learnings from grid-scale flex for short-term, dynamic flex markets
    ○ Click here to view presentation
    ● Valts Grintals, Policy and Grids Lead Kaluza
    ○ Energy crisis learnings and DSO flexibility
    ○ Click here to view presentation

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  7. Piclo Flex update

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  8. © Open Utility Ltd
    Supporting an evolving market
    As the market is evolving, we want to continue to improve our platform. Here are a few things to keep a lookout for
    ● New competition cycles
    ○ Piclo is working on being able to cater to shorter term competitions in line with DSO needs
    ○ User facing changes can be expected early next year
    ● Better support of planned assets
    ○ Flex Provider asset file will be improved to distinguish planned assets from operational ones
    ○ To be released in the next month
    ○ Further comms coming soon

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  9. © Open Utility Ltd
    Asset file updates

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  10. © Open Utility Ltd
    Integration for your asset management systems
    Piclo are developing APIs as an optional alternative method of interacting with the platform
    ● You can benefit by integrating directly with your systems
    ○ More automation of processes
    ○ Reduction in human error
    ● Asset API is already available
    ○ Add new assets
    ○ View or modify existing assets
    ○ Dedicated support email: [email protected]
    ● This is only the beginning
    ○ The roadmap is being defined at the moment
    ○ Currently running a survey to gather your feedback
    ○ Thanks for the responses so far

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  11. © Open Utility Ltd
    New feature - location search
    The location search can be used to search for active competition on the Piclo Flex map using one of the following criteria:
    ● Postcode
    ● Name of a city, town or place
    Please note that this feature is currently only available for logged in users. The search tool can be found in the top right hand corner of
    the map. Once a location has been entered and searched, a pin will drop onto the location..

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  12. © Open Utility Ltd
    FleX Exchange - Capacity Market secondary trading
    As part of the BEIS FleX Exchange trial we’ve developed Piclo Exchange to facilitate secondary trading of Capacity Market contracts, improving
    visibility and streamlining the processes in this secondary market. Secondary trading is the transfer of one provider’s contract to another suitable
    provider.
    ✓ List your contracts to sell
    ○ Easily create a new listing to sell your Capacity Market contracts on Flex Exchange.
    ○ This will be advertised and visible to all other registered providers
    ✓ View contracts to buy
    ○ By registering you will be notified of new opportunities
    ○ Easily bid for Capacity Market contracts you want to take on
    Who should use it
    ● Providers that are qualified for the Capacity Market and are interested in secondary trading in the Capacity Market contract
    How to get involved
    ● You can find out more, put a colleague in touch with us or register at [email protected]

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  13. © Open Utility Ltd
    End of year event
    What
    In person event
    When
    8th December 2021
    Where
    The Loading Bay at Techspace
    Afternoon
    ● Roundtable - secondary trading in the Capacity Market
    As part of the BEIS FleX Exchange trial we’ve developed Piclo Exchange to facilitate
    secondary trading of Capacity Market contracts, improving transparency and liquidity in
    this secondary market. Join the roundtable to hear from a variety of experts discussing
    this progress, the evolution of the Capacity Market and much more.
    We’ll be sending out invites shortly, but let us know if you or a colleague are interested in
    attending by emailing [email protected]
    Evening
    ● End of year celebration!
    We’ll be celebrating the end of a busy, exciting and challenging year and would love for you
    to join us. Following on from the roundtable we’ll be hosting the wider industry for some
    food, drinks and networking. We’ll be sending out invites shortly so keep an eye out!

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  14. [email protected]
    [email protected]
    Thank you
    Stefanos Anagnostopoulos
    Commercial Manager
    Meghan Collins
    Product Manager
    Jacob Vincent
    Technical Product Manager

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