Part 1: Common digital infrastructure to enable flexibility markets

This session will discuss Ofgem’s Call for Input on the Future of Distributed Flexibility and current policy developments. It will highlight the Flex Markets Unlocked innovation project and work happening in the UK on coordination of flexibility markets and energy sector digitalisation.

OFGEM proposed a need to converge on common digital infrastructure which supports transparent, accessible, and coordinated flexibility markets in order to unlock the full value of flexibility. Four identified market failures of lack of information transparency, lack of coordination, lack of trust, and market specific issues, can be addressed by common digital infrastructure and underpinning enabling work. Stakeholder responses to the Call for Input supported these interventions, and policy thinking is being developed on what functionality the common digital infrastructure should deliver and what appropriate governance arrangements could be.

Presented by Nina Klein from OFGEM