Capacity Market Demand Side Response (DSR) is an opportunity for organisations to earn money by simply having electricity flexibility. All an organisation has to do is prove that they are capable of reducing their electricity consumption (or increasing the amount of self-generation, i.e. a net reduction from the grid) when asked. It is a manual turn down with 4 hours’ notice and events will normally last for between 1 & 2 hours.
The payments are made on availability and not on participation when called. Signing up and proving a reduction will open up the revenue stream to your organisation.
The cost of running the Capacity Market will be passed on to suppliers, who in turn will pass on costs to customers… this means that the cost will appear on an organisations electricity bills, so why not sign up to the scheme to mitigate this cost.
The deadline for applications is the 10th March 2017 and each year has just one single sign up window, so act now to ensure that you don’t miss out on this scheme and start earning revenue.
Capacity Market DSR is just the start, there are a whole range of products available to organisations based on the type of assets and levels of consumption and flexibility.
Click the image to the right to view our infographic for more information.
“The payments which are calculated based on volume of MW of flexibility are made on availability and not on participation when called. Signing up and proving a reduction will open up the revenue stream to your organisation. Our experts can talk you through the options available to your organisation. ”
Speak to your Inenco account manager today, they will guide you through the full process and explain how it works
An Inenco engineer will be available to help you to establish a turn down strategy with a demand management plan
An event will be run to check that the submitted availability is correct, we’ll help to prove your reduction through your half hourly data
Start getting paid quarterly for your availability to help the national grid