Flexibility creates efficient power grids
In order to meet a rapidly growing need for electricity, the electricity grid needs to be expanded and strengthened. But the transition does not require just one solution, but many, and one of them is called flexibility. Flexibility is a way to use the electricity grids more efficiently.
What is flexibility?
Flexibility within the power grid and energy system aims to manage and optimize energy use and production in a way that is adapted to the changing needs and loads on the power grid.
This means adapting energy consumption and production to when demand is highest and when there is an abundance of energy available.
Flexibility is critical to balancing the power grid and ensuring that there is enough electricity available when it is needed most. It helps avoid overloads and enables a more efficient use of energy resources, which is particularly important in connection with the transition to renewable energy.
Why is flexibility needed?
Flexibility essential to meet the challenges facing the electricity system, including increased demand, increased use of renewable energy and the need for electrification. By using flexibility, the electricity system can become more adaptable, cost-effective and sustainable.
Who can contribute with flexibility?
Flexibility markets not only allow large companies and properties to participate, but can also benefit from flexibility from smaller households and homes. By lowering the indoor temperature, adjusting the use of appliances or using energy storage, such as batteries, homes and smaller units can also contribute to electrical flexibility.
Aggregators play an important role in collecting and managing flexibility from multiple small suppliers. These aggregators act as intermediaries and can coordinate and sell the aggregated flexibility in the flexibility market. This opens up opportunities for individuals and small entities to participate in the market and take advantage of financial incentives to be more energy efficient and help balance the electricity system.