Advantages
Integration of renewable energy
Energy flexibility facilitates the integration of renewable energy sources by managing their intermittent nature. This is crucial for increasing the share of renewables in the energy mix.
Grid stability and reliability
Flexibility improves grid stability and reliability by balancing supply and demand, reducing the risk of blackouts and enhancing the overall resilience of the energy system.
Demand response and cost savings
Demand response enables consumers to adjust their energy usage based on price signals, leading to potential cost savings during periods of low electricity prices.
Efficient use of energy
Energy flexibility supports the efficient use of energy resources by optimising when and where energy is produced, stored and consumed. This contributes to overall energy efficiency.
Reduced need for peak power plants
By managing demand peaks, energy flexibility reduces the need for expensive and often carbon-intensive peak power plants, helping to lower overall emissions and costs.
Decentralised energy systems
Energy flexibility supports the development of decentralised energy systems, which can enhance energy security, reduce transmission losses and promote local resilience.
Electrification of transportation
Flexibility allows for the smart integration of electric vehicles, contributing to the reduction of greenhouse gas emissions in the transportation sector.
Dynamic market response
Energy flexibility enables dynamic responses to market conditions, allowing for efficient resource allocation and fostering innovation in energy markets.
