UK's Energy Market to Embrace Flexibility for a Cleaner Future

Ofgem has pushed ahead with plans to increase the flexibility of the UK’s energy market as it becomes more reliant on intermittent sources of energy, like wind and solar. In a statement this morning, the energy regulator launched a consultation on a proposed Flexibility Market Asset Registration FMAR, which would provide a single point of registration for flexible assets like EVs and heat pumps. Currently, Flexibility Service Providers must sign up multiple times for individual markets.

It will act as a single expert entity and play an important part in addressing the current issues with local flexibility markets. Enabling more flexible electricity usage is a crucial part of ensuring that the UK can get to clean power by 2030. Electricity usage is expected to rise by around 50 per cent over the next ten years as the number of EVs and heat pumps rises. Flexible power can help meet increased demand while managing less predictable supplies from renewable sources.

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