Monetising Flexibility in Advanced Energy Markets

This report is a technical document that outlines how utilities and independent power producers (IPPs) can monetise their flexible power generation assets in modern energy markets. It discusses the importance of flexibility as a critical factor in the energy transition, particularly in ensuring power system stability while maximising business value. The report presents insights into various technologies that provide flexibility, detailing their operational characteristics and how they can respond to fluctuations in supply and demand. It includes case studies from markets like Australia, Japan, and the Philippines, demonstrating practical applications of flexible assets. The document also explains the commercial necessity of flexibility, highlighting how it can mitigate risks associated with renewable energy integration and enhance profitability. By understanding the nuances of different technologies, utilities and IPPs can strategically position themselves to capture value in an evolving energy landscape, ultimately leading to improved returns on investment.