From April 1, TEPCO Ventures (TEPCO) will use Centrica Business Solutions’ award-winning FlexPond™ Demand Response (DR) platform to provide the Transmission System Operator with flexibility services for the Reserve market in the Kyushu region, which has a significant number of both industrial customers and renewable energy projects connected to the power grid.
The deal will see Centrica deliver FlexPond™ under an innovative commercial ‘software as a service’ model that allows utilities to use Centrica’s proprietary platform to build their own virtual power plants (VPPs) and deliver clean demand response capacity from a variety of flexible generation and demand assets. The cloud-based platform is currently used by over 150 of Europe’s largest energy users and has won awards for its capabilities in high-value reserve markets that require a response in under a second.
We are delighted to be supporting TEPCO in their mission to drive forward demand response in Japan, harnessing the power of flexible industrial demand while securing a new revenue stream for their customer base.” Global Optimisation, Centrica
