ARENA report highlights the importance of demand flexibility
The Australian Renewable Energy Agency (ARENA) commissioned NERA Economic Consulting and Energy Synapse to quantify the value of demand flexibility in the energy transition.
The wholesale demand response mechanism is a new regulatory change being introduced starting on 21 October 2021. It lets a third-party aggregator sell demand response without being a customer’s retailer. This does not impact Flow Power customers.
Negative electricity prices are an increasingly common occurrence in the National Electricity Market (NEM). We explain why prices can go negative, show how often it occurs, and importantly we explain what this means for Flow Power customers.