Flexcity has successfully achieved its first CRM auction

Flexcity is proud to have been FULLY selected for more than 350MW in theΒ EliaΒ Capacity Remuneration Mechanism (CRM) auction!

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The results of this auction demonstrate the essential roleΒ of demand response and storage in realizing a secure, affordable, and clean energy transition. 321MW of demand response and 41MW of batteries were selected in the CRM auction.

As a front-runner in the Belgian flexibility market, Flexcity provided more than 80% of the demand response volumes in the CRM auction, contributing to:


πŸ‘Œ A π—¦π—˜π—–π—¨π—₯π—˜ Belgian energy system. In times of extreme scarcity, reducing the electric consumption of the industry is equivalent to starting up a gas-fired power plant from an adequacy perspective.
πŸ’° 𝗔𝗙𝗙𝗒π—₯π——π—”π—•π—Ÿπ—˜ security of supply. Demand response is limited to a remuneration of €20K/MW/year whereas gas plants claim on average €44K/MW/year. Saving the tax-payer at least €6M/year.
🌿 π—–π—Ÿπ—˜π—”π—‘ security of supply: delivering energy with demand response has no CO2 emissions

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We look forward to coming up with more innovative solutions to guarantee the security of supply in the future Y-1 auction, where an additional 2.5GW will be auctioned.

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