From ancillary services to energy communities: Spanish market is taking off

In the last year, the Spanish energy market operators have opened new opportunities for flexibility monetization and the market has taken off. The regulation has evolved and new markets such as the capacity market have been created. In 2024 more changes are planned and they will bring new opportunities to the energy consumers that aim to monetize their flexibility. Bamboo Energy has more than ten energy suppliers as clients, exploring and implementing flexibility management with their customers around the country. From industrial processes to batteries, from energy communities to electric vehicles, our software platform is 24/7 controlling and moving their loads to extract maximum value from their flexibility. A summary of the current situation in Spain together with ongoing Spanish flexibility use cases will be presented and discussed.