This is the inaugural research paper in a series that will explore the evolution of regional flexibility markets and how they can support the development of an efficient, low carbon energy system. Entitled “Future Networks”, the series will be jointly prepared by Cornwall Insight, Complete Strategy and Shakespeare Martineau. This first foundational paper:
- Evaluates the drivers in the broader energy market that are leading to the inception and creation of markets for flexibility services at a regional level
- Explores the key, consequential developments leading up to the present day in the development of regional flexibility markets
- Sets the scene for what the future may hold given that the drive for greater flexibility value at a regional level will inevitably continue
