A new report from Cornwall Insight, commissioned by Integrate to Zero, highlights that Great Britain has an opportunity to tap into a global energy flexibility market worth up to £750bn ($1trn), helping to lower energy bills for households and businesses while strengthening the resilience of the electricity grid.
Industrial and commercial (I&C) flexibility – where large energy users like factories, hospitals and supermarkets temporarily adjust when they consume or generate power in response to pressures on the electricity system – offers one of the cheapest ways to keep the grid balanced
The report explores the scale and characteristics of current engagement across a range of industry types and in different international energy markets, including GB, Germany, Australia, Ireland and Texas, and the barriers to engagement for I&C businesses.
Read the full report: Global I&C Flexibility: Market Structures and Participation