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This document outlines the plans and strategies for procuring flexibility services from April 2024 to March 2025, detailing the tendering process, stakeholder engagement, and the approach to adapting to increasing demand for flexibility in the context of net zero and energy transition. It covers the standard products, procurement methodology, and future flexibility requirements while emphasizing transparency and collaboration with stakeholders.

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What is flexibility services procurement statement?

The flexibility services procurement statement is a document required for documenting and outlining the procurement of flexibility services within an organization, ensuring compliance with regulatory standards.

Who is required to file flexibility services procurement statement?

Organizations that procure flexibility services and are subject to regulatory requirements are required to file a flexibility services procurement statement.

How to fill out flexibility services procurement statement?

To fill out the flexibility services procurement statement, organizations should provide accurate information regarding the services procured, the procurement process followed, and any relevant compliance information as stipulated by the regulatory authority.

What is the purpose of flexibility services procurement statement?

The purpose of the flexibility services procurement statement is to ensure transparency in procurement activities, comply with regulatory requirements, and provide necessary information for monitoring and evaluation by the authorities.

What information must be reported on flexibility services procurement statement?

The flexibility services procurement statement must report details such as the type of services procured, the procurement method used, the suppliers involved, the costs associated with the services, and any compliance measures taken.

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