Results announced from the fourth round of flex procurement
We have now completed our fourth procurement of Flexibility Services, awarding flexibility contracts totalling 94.8MW.
85 bids were received from flex providers across all 42 of the Constraint Management Zones (CMZs) we included in this round.
To date we have released requirements across 47 CMZs totalling 391MW. This latest procurement brings the total volume of contracted flex to 217MW.
WPD Network Strategy Manager Ben Godfrey said: ”Over the past two years we have sought to procure flexibility services regularly at six months intervals, and it’s great is that we are continuing to see an increase in interest and an increase to the contracted flexibility volume with each round. It’s clear that our approach to securing flexibility services is effective and it’s also a reassuring indication that the market for distribution flexibility is growing.
”The scale of requirements we sought to procure against this year and the volume of providers we now have in contract are the largest of any DNO to date, putting us at the forefront of distribution flexibility globally. But we recognise there’s more work for us to do, we’re dedicated to continue developing our flexibility offering so that it attracts more participation, across more locations."
We will publish a full report detailing the procurement results on its website on 17 April.
We plan to announce further flexibility locations on 29 June 2020, and will open a subsequent procurement window on 3 August 2020. Interested parties can register for updates here to be notified as soon as these are released.
- DSO/Smart Networks