Client Case Study: Flexibility Service Provided to ESB Networks
- Triple Edge Energy
- Case Studies , Flexibility Services
- 30 Jan, 2024
Let’s look at a recent Client case study, where a mid-size Business Energy User had the ability to shift or reduce load at peak times, enabled by flexible operations.
Flexible load could be an individual site resource or mix of battery, machining, refrigeration, dehumidifiers, heat pump, HVAC, etc.
The Process
With their interval meter data, our system analysed and established a baseline from a recent time period. With understanding of their Operations, next we considered and recommended what actions they could take to reduce net electricity demand at peak times. Jointly we determined what made sense before taking part in any initiative.
Low Client Risk
There is always an opt-out option and there are no penalties involved for non-performance. This is all upside for our Client and Triple Edge Energy makes this as frictionless as possible by handling all the details with the System Operator (ESB Networks).
The Numbers
The monetary benefits established are based on current market initiative by ESB Networks and their Beat the Peak Business Programme.
Client Profile:
- Baseline demand: 150kW of power
- Flexible capacity: 25kW reduction capability
- Service window: 4:30 PM – 7:00 PM (weekdays)
- Target demand during events: 125kW
Revenue Calculation:
Per Event:
- Flexibility delivered: (150kW - 125kW) = 25kW
- Duration: 2.5 hours
- Rate: €0.68/kWh (can reach €0.82/kWh at peak demand)
- Revenue per event: 25kW × €0.68/kWh × 2.5 hours = €42.50
Annual Projection:
- Estimated available events: 200 per year
- Total annual revenue: €42.50 × 200 = €8,500
Note: This calculation uses the conservative minimum rate. During high-demand periods, the rate can increase to €0.82/kWh, boosting revenue further.
The Results
Understanding our Client’s site operational requirements, we estimate they would be available for approximately 200 daily events per year. Conservatively applying the minimum rate payment, this results in €8,500 per year in additional revenue opportunity.
This is one initiative that we are acting as a Service Provider for, but there are other routes to market that Triple Edge Energy is investigating.
Key Takeaways
- Low barrier to entry: Uses existing equipment and operational flexibility
- Risk-free participation: No penalties, opt-out anytime
- Tangible revenue: €8,500+ annual income from existing capabilities
- Full service support: Triple Edge Energy handles all System Operator coordination
- Scalable opportunity: Multiple market routes opening up
Learn more about how businesses make money through demand response and understand why Ireland needs flexibility services.
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Discover how Ireland’s flexibility market is evolving and what opportunities are opening up for your business.
