Ofgem Introduces Streamlined System to Boost Flexible Energy Use

New measures aim to enhance efficiency and reduce costs as the UK shifts towards renewable energy sources.

Ofgem's new system will allow flexible energy service providers to access multiple markets through a single registration.
The initiative is expected to save between £30 billion and £70 billion by 2050 by optimizing energy use.
Elexon has been appointed as the market facilitator to coordinate local energy flexibility.
Electricity demand in the UK is projected to rise by 50% by 2035 due to increased use of EVs and heat pumps.
The streamlined system aims to help consumers benefit from lower tariffs during off-peak times.