Flexcity helps to build up the secondary reserve of the network managed by TenneT and offers new services to its partners
In order to improve the efficiency of its secondary reserve (aFRR) and to support the system balance in The Netherlands, TenneT facilitates the market by allowing aggregation of assets. This will make it possible to guarantee the supply of energy over the entire Dutch territory in a more inclusive manner. Consequently, this gives FLEXCITY the opportunity to offer new services to its partners while strengthening its participation in the balance of the network.
Allowing aggregation results from the implementation of European ambitions for a transition towards the development of smart grids. It enables operators of assets, such as FLEXCITY, capable of delivering aggregated power up or down in 5 minutes to participate in balancing the network and thus receive additional remuneration.
FLEXCITY brings its expertise in energy efficiency to the aFRR market
Together with the team of Equigy, Flexcity rapidly and successfully prequalified for the aFRR services of TenneT and integrates this into the flex portfolio. Equigy, a joint venture between 6 European TSOs, enables the integration of small, decentralised units through its Crowd Balancing Platform. It enables connection to TenneT’s aFRR process via the use of modern internet-based technologies, technologies which Flexcity also uses in other European countries which allow for a fast and easy onboarding. The platform is intended to set a new European standard for smaller (aggregated) flexibility to participate in different TSO markets, thereby enabling the six or possibly more national TSOs to work together to promote and improve the market for renewable energy. Martin van ‘t Verlaat (Equigy): “There is a big and growing potential of small aggregated flexibility for balancing the grid. In order to effectively unlock that potential, we believe that aggregators should be connected fast and easy. The Flexcity and Equigy teams did a great job together to achieve this in a record-breaking time.”
FLEXCITY positions itself as one of the first entrants in new markets. Several partners who have already entrusted FLEXCITY with the management of their electrical flexibility will participate in this new service. Jeroen Schut (Flexcity) insists: “A big portfolio is created and ready to go live. For our partners, this market enlargement also represents a new opportunity to enhance the value of their installations and thus reduce their energy costs.”
FLEXCITY and its partners, both current and future, are thus participating in the balancing of the Dutch electricity network thanks to its recognised expertise in innovative electrical services. This balancing process encourages the integration of renewable energies into the network’s electricity supply by compensating for their intermittent nature.
Active since 2012 in The Netherlands, Flexcity is one of the market leaders in electrical flexibility (demand response) in Belgium, The Netherlands, France and Italy and is expanding internationally.
Flexcity’s core business is to contribute to the balancing of the electricity grid through the automated control of a large portfolio of flexible assets. Electricity grid users (consumers or producers) can therefore use Flexcity’s technology and expertise to participate in innovative electrical services and be remunerated for this participation. Flexcity’s portfolio includes several technologies such as batteries, distributed generation facilities and large industrial processes. Flexcity integrates renewable energy sources into its portfolio, offering potential new revenues to emerging technologies.
Through its integration by Veolia in July 2019, Flexcity is building on a solid financial base and accelerating its international expansion.
Flexcity has always responded to the opening of a new market by being among the first entrants.
EQUIGY plays a key role in the acceleration of the energy transition and the integration of the energy system. With the European crowd balancing platform, EQUIGY creates a trusted data exchange to enable aggregators to participate with smaller flexibility devices, such as home batteries and electric vehicles, in electricity balancing markets, turning consumers into prosumers With six leading European Transmission System Operators (TSOs) : TenneT NL, TenneT GER , Terna , Swissgrid, APG and TransnetBW, EQUIGY aims to set cross-industry standards throughout Europe, to support a future-proof, reliable and cost-effective power system that is independent of fossil fuel-based flexibility sources.
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