Governments have to make the decisions which balance climate change targets with security of supply and consumer price sensitivity. The former make renewables a necessity but they introduce system challenges because of their variability and also create a drive towards decentralised energy, with consumers becoming prosumers and possibly defectors with the arrival of small energy storage technologies.
USEF addresses these challenges by providing a framework that unlocks the value of flexible energy use and providing the market structure and related tools and rules to commoditise and trade flexibility. The framework has energy users at the heart of the energy system and enables and incentivises all market stakeholders to work together towards and cleaner, more efficient, future proof energy system. By creating a common standard on which to build, it extends existing wholesale processes to incorporate flexibility, guaranteeing the interoperability of all roles, projects and markets. Its market-based control mechanism then ensures that the whole system is optimised to ensure that energy is always produced, managed, delivered and used in the most efficient and cost-effective way.
Reasons to get involved
Internationally aligned framework for an energy flexibility market
Empowering energy prosumers and unlocking their distributed potential
A comprehensive smart energy market interaction model