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What is Wholesale Demand Response?

In today's volatile market, the National Electricity Market (NEM) urgently needs new forms of power capacity to balance renewables and to maintain a reliable and secure electricity grid. Wholesale Demand Response allows large energy users to offer demand flexibility via our Virtual Power Plant (VPP) to provide critical grid firming capacity. This puts downward pressure on spiking electricity prices and earns participating businesses new revenue.

Get paid for your flexibility

There are multiple ways to participate in the wholesale market, from providing the electricity of onsite backup generators to load reduction under the Wholesale Demand Response Mechanism. We advise our customers on the mechanism that best meets their site’s operational characteristics, commercial requirements, and sustainability objectives. Our customers earn a recurring new revenue stream, which can offset rising energy costs.

How does it work?

Grid need

The NEM coordinates the supply and demand of electricity every five-minutes through a dispatch process that produces a ‘spot’ price. This price reflects the real-time need for energy and will increase when demand becomes higher relative to the available supply. The market is signalling for more supply to be brought online when this price spikes. These situations can happen during very hot or cold weather events, planned or unplanned generation outages, or when there are other transmission issues.  

VPP is called, customer responds

Wholesale Demand Response allows qualifying resources to offer their energy capacity into the NEM as a new source of power supply during these critical times. This helps AEMO to enhance the reliability of the system, while allowing VPP participants to earn the spot power price when they are called on.

Earn regular payments

VPP participants receive regular payments for when their power is provided to support the grid during a dispatch event. This reliable new revenue stream can offset electricity costs, or be reinvested into other sustainability initiatives.  
Quarry

Our services

Our market-leading and comprehensive service offering includes:

Why Enel X?

We are the global market leader

Businesses trust our proven track record as the market leader. Enel X manages the largest world’s largest C&I VPP, with 8.2 GW Demand Response offered. Our ambition is to grow this to 13 GW by 2024. More than 15,000 global enterprises are doing Demand Response with us across 11 countries today.

We operate the largest VPP in Australia

Businesses trust our proven track record as the market leader. We deliver the most DR revenue, while properly prioritising and protecting your core operations, and ensuring full choice for your retail power supply.

  • >10 years of DR experience in Australia
  • >A$200M in DR revenue delivered to ANZ customers over the past 10 years
  • First VPP to enter the FCAS market and 90% of aggregated C&I DR resources in FCAS today
  • Mission Critical Technology Innovation, 2020 award for DR in the IT sector (Datacenter Dynamics)

Global innovation, local execution

We bring our global leading platforms to local markets. We unlock new opportunities to decarbonise, digitalise and electrify your energy use in ways that will help grow your business.

 

We are recognised as a leading global integrator of B2B battery storage solutions (Guidehouse Insights). We are also growing our world-leading electric bus platform, with 2800 electric buses served today, and ambitions to have 13,000 electric buses on the road by 2024.

Melbourne