NEWS COMMENTARY

Centrica concludes its local energy market trial successfully, benefiting all stakeholders by trading local energy flexibility

Published:
November 12, 2020
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Centrica finalized its local energy market (LEM) trial in Cornwall and published a report with key figures and learnings. The £16.7 ($22) million project launched in early 2017, aggregating 100 homes with rooftop solar and stationary batteries into a virtual power plant (VPP) to enable automated participation in energy flexibility trading along with 113 businesses. Over three years, the market saw the local distribution system operator and the transmission system operator simultaneously procuring 310 MWh of energy flexibility. While the trial proved the benefits of trading energy flexibility for consumers and grid operators, a commercial implementation of this type of market would require a coordinated push from governments and industry.

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