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

November 02, 2021

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


November 02, 2021


  1. © 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
  2. © 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
  3. © 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
  4. © 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
  5. © 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
  6. © 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
  7. © 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..
  8. © 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]
  9. © 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!