A new compliance scheme has been launched which aims to improve standards within the Demand Side Response (DSR) market.
Flex Assure is a voluntary scheme which aims to improve standards within the DSR market. It has been developed to ensure increased transparency, giving businesses added confidence in the services on offer in order to build trust across the market.
The scheme will give participants the ability to compare the various services offered by aggregators, the providers that enable access to flexibility markets. Aggregators and energy suppliers that offer DSR services adhere to a code of conduct which sets standards across the industry, it is now hoped that the standards set by Flex Assure will be widely adopted.
Research conducted by the Association for Decentralised Energy (ADE) showed that a sixth of the UK’s peak energy requirements could be provided by businesses switching to a flexible demand scheme. ADE claim that this could save consumers around £600m by 2020, rising to £2.3bn by 2035.
Director of Business Development at the ADE, John Bryant said: “Businesses have the opportunity to benefit from the energy system’s zero carbon transformation, securing new revenue while helping to deliver our low carbon ambitions.
“Flex Assure, going live so soon after the Committee on Climate Change’s Net Zero report, will be an important tool for setting industry-wide standards, supporting businesses as they increase their participation in the demand side response market and accommodating more renewable energy to meet our decarbonisation targets at least cost.
“The aggregators who are participating in Flex Assure are highlighting to their customers that they are committed to meeting the high standards set by the scheme.”
Apollo Energy recently reported how demand side flexibility could face policy stumbling blocks, read more here.
If you would like to learn more about DSR then feel free to get in touch with Apollo by calling us on 01257 239500 or via our contact page.