A digitalised electricity system is needed for flexibility…

Moving towards consistent contracting arrangements and terms of trade will increase the availability of flexible resources

21 April 2023

Working towards consistent contracting arrangements and terms of trade will streamline the exchange of flexibility when the transaction involves one-to-one and one-to-many counterparty relationships across multiple locations. Reducing transaction costs will over time assist to create a virtuous cycle which increases the supply of flexible resources by making it easier for large and small suppliers to monetise investments in flexibility.

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