Business energy supplier Haven Power has struck a demand-side response deal with GridBeyond. The two will work to unlock flexibility within Haven’s customer-base, bidding flexible megawatts into traditional demand-side response tenders run by National Grid as well as into wholesale markets.
The aim is to maximise returns from onsite generation or flexible consumption. Demand-side flexibility will ultimately also help Haven Power’s parent company, Drax, to balance its market position as it expands beyond thermal generation.
GridBeyond UK managing director, Wayne Muncaster, said the deal underlined changing dynamics in the demand-side response market as suppliers acquire or partner with DSR specialists to capture the value of flexibility as it moves between markets and contracted products.
The arrangement with Haven follows a recent deal with Electricity North West’s commercial arm, whereby GridBeyond hopes to sell DSR services to ENW Construction and Maintenance’s high and medium voltage customers. Muncaster said the firm is in negotiations with other energy companies and hopes to announce further partnerships in the coming weeks.