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What is the Balancing Reserves program?

The newly developed Balancing Market launched in April 2021, as a platform for trading the power needed to match electricity demand with supply. 'Tertiary 2' is the first program to launch in this market, which reduces the intermittency of renewable energy generation on the grid, such as solar or wind power.

How does it work?

Evaluate eligibility

We consult with you to discuss your DR dispatch capabilities. This includes establishing your regular energy consumption level and which equipment can be powered down to reduce consumption at your facility.

 

Next we propose a simulation of the capacity available for your DR participation, remuneration, contract conditions and other operational considerations for when DR is activated. 

 

Businesses who participate in the One-Dash Reserves Program can also participate in Balancing Reserves during the shoulder season.

Bidding for and contracting the DR capacity, testing and validation

Enel X participates in the tender to participate in the market. Following a successful bid, we formulate a contract tailored to your business needs. We arrange the installation of equipment for DR participation and perform installation and activation tests to prepare you for the dispatch process.

VPP Participation

The JEPX is open 24-7-365, and you can opt-in or opt-out of participating at any time. Enel X manages the bidding on the JEPX according to your preference, bidding your kW offered on a daily basis or as requested.

 

We provide a 45 minute dispatch notice, and the minimum event duration is 3 hours.

 

Your payments for participation are based on your performance, based on kW per the capacity reserve fee.  

Ongoing support

Our team provides ongoing support to ensure you are responding correctly to the grid need, to maximise your earnings. 
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The business opportunity

For businesses that can offer Demand Response, the program represents an opportunity to create a new source of revenue. We offer guaranteed minimum annual earnings and work to maximize your revenue earned. Participation is low risk and flexible, designed to suit your operational needs.

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 over 7.4 GW of Demand Response resources. Our ambition is to grow this to 10.6 GW by 2023. More than 15,000 global enterprises are doing Demand Response with us across 11 countries today.

Demonstrated local leadership

Japan has opened its power market to the participation of VPP and Demand Response resources. Enel X has a long established presence in Japan and is the largest, independent aggregator in Japan today.

Global innovation, local execution

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

 

We manage 137 MW of BESS globally today, and plan to have 525 MW of installed capacity by 2023. We are also growing our world-leading electric mobility footprint, evolving from 230,000 charging points to 780,000 in the next two years.

Future plans for electrification

We see great opportunity for growth and value creation in the local market with the electrification of transportation and vehicle-to-grid technology, BESS,  renewable energy purchasing, and more.
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