As Europe electrifies, demand-side flexibility will play an increasingly important role in balancing the electricity system. But how will flexibility markets develop and how can the different signals reaching consumers be coordinated?
To find out, Pamela Largue speaks with Michael Villa, executive director of SmartEn, and Riley Behrens, associate consultant at LCP Delta, in this episode of the Energy Transitions podcast. They elaborate on the findings of a new report from SmartEn and LCP Delta, Reflecting on the Future: Medium-Term Evolutions Impacting the Development of Flexible Demand, which explores three possible pathways for the evolution of demand-side flexibility over the next decade. These pathways, or scenarios, are based on five pillars of the electricity system; namely, regulation, markets, demand, generation and networks. According to Behrens and Villa, the gap between these scenarios is significant, and it’s critical to set the direction to the most optimal scenario now.
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