Flexitricity, a UK market leader in flexible energy solutions has appointed Andy Lowe as Chief Executive Officer. Flexitricity is a portfolio company of Quinbrook Infrastructure Partners.
Andy joined Flexitricity in 2018 where he assumed responsibility for commercial strategy, business development and portfolio growth. Andy’s appointment as CEO is timed to drive a new era of growth for Flexitricity as the UK energy transition gathers pace.
Flexitricity has over 750MW of flexible capacity under contract – aggregated to form what is referred to as a virtual power plant, helping National Grid mitigate and address the increasing risk and volatility being experienced in the UK energy market.
Andy Lowe said, “We believe that flexibility in the power and broader energy markets is essential on our way to achieving Net Zero, and Flexitricity is already well-established in customer demand response, battery storage optimisation and other flexibility solutions. Our capabilities and asset portfolio are both poised to grow strongly over the coming years.”
Alastair Martin, Founder and Chief Strategy Officer at Flexitricity, said, “I’m delighted that Andy has taken the reins at what appears to be the cusp of another major energy market transformation, as flexible electricity users become a truly indispensable contributor to delivering both economic and secure energy supplies, and as domestic customers embrace renewable power at scale.”