Centrica’s local energy market now selling flex across transmission and distribution

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Centrica says its local energy market is now live and enabling balancing services at both transmission and distribution level.

Under the EU-funded programme, Centrica aims to build a platform that can be scaled up to simultaneously provide services at regional and national levels, potentially internationally.

The aim is to enable distributed energy resource to access national markets in a way that doesn’t conflict with local substations.

To do that, it has worked with Western Power Distribution and National Grid ESO to create a set of rules to ensure conflicting signals are avoided. The platform uses a clearing engine via Belgian firm N-Side, whose algorithms underpin matching on the European day ahead markets.

The result is a pay as cleared market-based mechanism for flex procurement by multiple parties, rather than tendering.

Auctions run from months ahead down to intraday – effectively enabling flex providers to take positions in the market.

See Centrica’s press release here – and a detailed interview here.

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