ENA to offer more transparency and increase accessibility: The standardised flexibility contract has been updated by The Energy Networks Assosication (ENA) across the energy sector to offer more transparency and increase accessibility.
For those wishing to provide flexibility services to the network the flexibility procurement contract provides a consistent agreement across the country.
As of April 2020 they first announced that the standard contract was created with input from the National Grid ESO and Distribution network operators (DNOs).
The industry body announced today, the key updates are designed to unlock liquidity in local markets, offer more transparency and to reduce energy bills in the long term.
The company hopes to make the core contract simpler and make the whole process more accessible to aggregators.
Industry leaders such as Ofgem and the Department for Buisness, Energy and Industrial Strategy have had views on the new contract which has now been developed.
“The UK is already a world leader when it comes to energy flexibility and as part of the UK’s commitment to net zero, the whole of the energy industry is behind making it easier and more accessible to work with network operators.” commented Farina Farrier, Head of Open Networks Project at ENA.
“Flexibility is critical for enabling the UK to reach net zero and is vital to help customers get the most from new technologies while helping networks to manage their systems better and plan investment.” said Alex Howison, Flexible Solutions Manager at Scottish and Southern Electricity Networks.
ENA to offer more transparency and increase accessibility