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02/05/2023

SP Energy Networks Launch Spring Flexibility Tender

SP Energy Networks has announced the launch of its spring Flexibility Tender and is looking for providers to supply flexibility services across 571 locations identified within its distribution network licence areas.

The leading network provider is seeking to procure 273MW of flexibility for an 18-month period from November 2023 to October 2025. Flexibility providers can apply via the Piclo Flex Platform – a marketplace for the procurement of flexibility services.

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 including electric vehicles and heat pumps, which can often lead to network constraints during busy periods. The introduction of more flexibility services will help support the increased uptake of this technology and allow for better network management.

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.

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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.

Gerry Boyd, Head of Flexibility at SP Energy Networks said: "Flexibility is essential to help meet the ever-evolving needs of our customers and deliver a low carbon future for everyone.

"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."

The project supports SP Energy Networks work to provide energy security for the UK – supporting jobs, the supply chain and the wider economy. It will ensure no community is left behind in the transition to low carbon technology and net zero emissions.

Flex providers can register their assets on the Piclo platform to automatically qualify for and bid into the flexibility auctions. 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.

SP Energy Networks and Piclo will be co-hosting a webinar on the Friday 12 May to provide information about the tender and how to use the platform. To view further information on the tender and to register, please visit www.picloflex.com.

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