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Horizon 2020 LCE2017 SGSFLEXCoop Democratizing energy markets through the introduction of innovative flexibility based demand response tools and novel business and market models for energy cooperativesWP2
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Energy flexibility emerging revenue refers to the income generated from services that allow energy consumers to adjust their usage in response to market conditions, thereby contributing to grid stability and efficiency.
Entities that benefit from or participate in energy flexibility markets, such as utility companies, energy service providers, and large energy consumers, are required to file energy flexibility emerging revenue.
To fill out energy flexibility emerging revenue, you will need to gather relevant financial data regarding your energy flexibility activities and follow the specific guidelines provided by the regulatory authority, including reporting formats and required documentation.
The purpose of energy flexibility emerging revenue is to recognize and incentivize the value of demand-side management and energy flexibility solutions in enhancing grid reliability, sustainability, and economic efficiency.
The information that must be reported includes total revenue generated from energy flexibility services, the types of services provided, usage patterns, and any expenses incurred related to these activities.
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