SP Energy Networks has launched its spring Flexibility Tender and is looking for providers to supply flexibility services within its distribution network licence areas.
The distribution utility is seeking to procure 273MW of flexibility for an 18-month period from November 2023 to October 2025, across 571 locations.
Flexibility providers can apply via the Piclo Flex Platform – a marketplace for the procurement of flexibility services.
The pre-qualification period is open and will run until Friday 14 July 2023.
The bidding competition will then open on Monday 17 July and close on Friday 21 July 2023.
This new tender will allow for additional flexibility across areas where it has been identified that demand for electricity will increase as a result of the adoption of low carbon technologies, which can often lead to network constraints during busy periods.
Using flexibility services will also defer the need for traditional network reinforcement, which helps lower the cost for customers, who will benefit from a more reliable network and opportunities created by a smarter grid.
SP Energy Networks is continuing to lead the way towards a more flexible network and has already accepted bids for more than 600MW to help meet its RIIO-ED2 flexibility requirements.
The introduction of this latest tender will target new locations and play a crucial role in supporting the UK to meet its net zero emissions target by facilitating the introduction of greener energy solutions.
Head of flexibility at SP Energy Networks Gerry Boyd said: “We have identified areas where demand for electricity is likely to be higher than the existing capacity of local substations. Within these areas, we are tendering for flexibility to ensure our network continues to be as resilient as possible as more and more customers make the transition to low carbon technologies.
“We’re excited to continue to drive the nation towards a more flexible network and look forward to receiving offers from flexibility providers who can play a part in shaping our network and the country’s transition to a cleaner, greener future”.
Flex providers can register their assets on the Piclo platform to automatically qualify for and bid into the flexibility auctions.