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GE Digital and EPEX SPOT Partner to Accelerate Grid-Centric Flexibility Markets for System Operators
Today, EPEX SPOT announced a strategic partnership with GE Digital, an energy software leader, through their GridOS® DERMS. The partnership will focus on helping customers with flexible assets speed up the integration of renewables and more seamlessly contribute to resolving costly congestions throughout the grid, all in service to accelerating the energy transition. This collaboration represents a shared commitment to advancing intelligent distribution grid flexibility. Together, GE Digital and EPEX SPOT are committed to empowering System Operators (SOs) to optimize grid operations by enabling efficient participation in flexibility markets at scale. These markets enable SOs to procure flexibility to physically solve grid congestion and enable Flexibility Service Providers to promote the use…
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EPEX SPOT’s Localflex Dutch market to connect GOPACS in June 2023
Following the agreement between GOPACS and the European Power Exchange EPEX SPOT to establish a connection between the EPEX local flexibility market solution (EPEX Localflex) in the Netherlands and the GOPACS platform, both parties jointly announce an aimed go-live in June 2023. This go-live is subject to successful testing and member readiness. The goal of this cooperation is an increased use of flexible power in the Dutch national and regional electricity grid. GOPACS is the coordination platform for Dutch grid operators that allows them to reduce congestion in the electricity grid. EPEX SPOT is the largest power exchange active in Europe, bringing to this partnership access to the liquidity of…
