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About this Technical Webinar:
Title: The UK’s journey of establishing a fully integrated local flexibility market
Title: Enabling revenue stacking in NESO and DSO markets
The government has committed to operate a Clean Power grid by 2030. According to NESO’s Clean Power 2030 (CP30) analysis, by 2030 the level of demand side flexibility can increase to four-to-five times today’s level and could reach 10-12 GW. To reach this desired level of demand side flexibility requires both NESO and the DSOs must further shape the markets to allow this volume. Revenue stacking has proven to be a great candidate in increasing liquidity in flexibility markets through allowing flexibility assets to deliver simultaneously on multiple services. This presentation firstly introduced the need and benefits of revenue stacking. Then explained how the industry sees different types of stacking. Finally, presented where we are now, and what are the actions we need to do in the future to fully enable revenue stacking across both NESO and DSO markets.
Click below to view/download a .pdf of the presentations
Strengthening Flexibility Markets in the UK’s Energy Transition
Presenter: Dr. Avinash Aithal & Nicolas Manea
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Dr Avinash Aithal is the Head of the Open Networks programme at Energy Networks Association and UKRI’s Science Engineering and Technology board member. Utilising his expertise in laying the foundations of a smart grid in Great Britain, Avinash works closely with the network operators, government, stakeholders, and wider industry in paving the way for a Net Zero future. Avinash is a Chartered Electrical Engineer and a Fellow of the Institution of Engineering and Technology.
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Nicolas Manea is an experienced energy professional currently serving as a Strategy Lead in the Distributed Flexibility team in NESO and working on wide flexibility coordination, standardisation and digitalisation matters. Previous to this role, Nicolas spend time working in a technical consultancy, where he focused on advising clients on their energy strategy journey. Nicolas has experience in industry wide Net Zero strategy, flexibility markets and technologies, and digitalisation transition. Nicolas holds a PhD from Cardiff School of Engineering, where his research has focused on using blockchain to digitalise flexibility markets.
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