The technical solutions needed to operate a net zero electricity system by 2035 are available or attainable, Regen has found, though a step-change in the level of investment is still needed.
KrakenFlex, the energy flexibility arm of Octopus Energy Group, has partnered renewable energy solutions provider Hydro REIN for several projects across Europe and North America.
Western Power Distribution’s (WPD) project Intraflex has allowed flexibility services in a local distribution network to be traded in close to real-time continuously, allowing market prices to be determined for the first time, it said.
Ev.energy has secured £295,000 in funding to scale up what it says is the UK’s first commercially operating virtual power plant (VPP) using only electric vehicles (EVs).
Distribution network operator (DNO) Northern Powergrid has identified 19 locations across the North East, Yorkshire and northern Lincolnshire where it plans to procure flexibility services.
Western Power Distribution (WPD) has launched a new project dubbed Equinox, to explore the potential of domestic low-carbon heat technologies like heat pumps to provide flexibility.