Nationally, the UK government estimates the benefits of a smart flexible energy system to be £17- £40 billion to 2050 (or between £2.9 billion - £8 billion annually in 2030). There is now widespread agreement about the essential role ‘demand side flexibility’ must play in supporting decarbonisation. Supported by the Mayor of London, FlexLondon is part of his £34m Energy for Londoners programme which aims to make London’s homes warm, healthy and affordable, its workplaces more energy efficient, and to supply the capital with more local clean energy. We identified four flexible energy use cases with the potential for further replication across London which you can read more about below. By continuing to support projects like these, we can help London accommodate more renewable energy generation and manage additional demand on the grid which is being created by electric vehicles and the electrification of heat. We identified organisations with the potential to use, generate and store energy at various times of the day or year, and matched them with innovators that could help manage this. Where flexibility projects didn’t materialise, we captured the reasons why, helping inform future policies and programmes. FlexLondon is about helping Londoners accelerate flexible low-carbon energy, so it’s available when you need it, saving you money and reducing the city’s carbon emissions.īetween 2018 – 2020 the FlexLondon programme engaged over 150 energy users and innovators to support commercialisation of this new flexible energy resource.
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