Their flexibility assessment provides both your business and our team with a set of assets you can control together – according to the parameters and requirements you agree with Drax. Typically, the asset(s) chosen, and the potential value, will vary depending on factors including asset type, length of flex time, asset size and number of flex opportunities.
Drax can install equipment that remotely connects the assets under control to a secure software platform that they can access. They’ll receive second-by-second data from the assets, which means they’ll be able to make optimisation decisions in real-time.
Billing and operation
Once these stages are complete, Drax will look to agree a contract that includes the fixed p/kWh discount. You’ll start getting the discount on your energy from the first month of the agreement. You won’t even have to wait for your first optimisation event to occur, or for any reconciliation to take place.