One of the two Scottish national grid providers has joined Open Utility’s ‘smart’ energy trading platform.
The platform will unlock new revenue streams for homes, businesses and communities, whilst supporting the continued journey to a low carbon, decarbonised energy system.
To facilitate the shift to a smarter, flexible energy system, Scottish and Southern Electricity Networks (SSEN) is transitioning from a distribution network operator to a distribution system operator.
SSEN’s collaboration with Open Utility will see it trial Open Utility’s new Piclo platform, which helps distribution system operators procure flexible capacity from technologies such as batteries and demand-response aggregators to meet the needs of local electricity users.
It is a matchmaking and trading platform for local energy which provides opportunities for customers, generators and other flexibility providers to register their availability and preferences, which the Piclo platform then matches with opportunities from the DSO.
James Johnston, chief executive and co-founder of Open Utility, explained: “Unlike other industries such as short-term rentals, the energy sector cannot be transformed by an online marketplace acting alone, but through meaningful partnerships with incumbents working towards a common goal.
“One of the biggest changes in the energy system is the flexibility revolution. Distributed generation, electric vehicles, demand side response and energy storage are transforming the sector, giving customers access to new products and services from a new range of providers.”
Steve Atkins, DSO transition manager for SSEN, said: “The Piclo platform which will provide invaluable insight to help inform our transition to a DSO and the new opportunities this will create for our customers through peer-to-peer and flexibility trading.”
23 Apr 2018