Flex / Flexibility
Glossary of terms
What is Flex?
When transporting energy, it is important that electricity supply and demand are well matched, preventing overloading of the electricity grid at peak times.
Flexibility, or flex for short, occurs when energy consumers are willing to shift their demand and/or supply of electricity in time or store it temporarily. For example, by temporarily storing generated energy in a battery.
GOPACS is an initiative of the Dutch grid operators:
Join GOPACS! Participating in GOPACS is interesting for every market party with the ability to influence electricity consumption or the generation of electricity, which can offer this flexibility to trade.