What are your possibilities?
Companies can leverage their flexibility in different ways. Watts.Happening helps you navigate implicit and explicit flexibility opportunities.
What are your possibilities?
Companies can leverage their flexibility in different ways. Watts.Happening helps you navigate implicit and explicit flexibility opportunities, as follows:
- Implicit flexibility opportunities via the day-ahead, intraday, and real-time (often called imbalance) markets.
- Explicit flexibility opportunities via the provision of balancing services and participation in Belgium's Capacity Remuneration Mechanism (CRM).
Note that the price stability of the options decreases when moving closer to real-time. In other words, the electricity price will fluctuate more and become more unpredictable closer to real-time, hence increasing the risks when providing flexibility.
What are your possibilities?
Companies can leverage their flexibility in different ways. Watts.Happening helps you navigate implicit and explicit flexibility opportunities, as follows:
- Implicit flexibility opportunities via the day-ahead, intraday, and real-time (often called imbalance) markets.
- Explicit flexibility opportunities via the provision of balancing services and participation in Belgium's Capacity Remuneration Mechanism (CRM).
Note that the price stability of the options decreases when moving closer to real-time. In other words, the electricity price will fluctuate more and become more unpredictable closer to real-time, hence increasing the risks when providing flexibility.
Day-Ahead
Intraday
Real-Time
Balancing
Capacity Remuneration
Simulate your flexible asset
it's a 2-minute exercise that provides a first estimation of the value of your flexibility
Allocation of the Market Value between the Different Actors
The value created through flexibility is generally not entirely to the benefit of the asset owner. Depending on the partners involved (aggregators, suppliers, service providers) and their business model, typically between 10 and 30% of the value created is the remuneration of the partner(s).
Additional resources
External links
Voka - Meerwaarde creëren dankzij energieflexibiliteit (NL)