Sympower: Demand Side Response in Electricity Markets Quiz

• Sympower is a global flexibility services provider that participates in electricity networks around the world.
• They serve as a demand side aggregator for ancillary services to TSOs using commercial and industrial consumers, energy asset owners and other energy stakeholders, enabling them to participate in electricity markets and generate new revenue streams.
• Demand side response helps to maintain grid balance with the following added advantages: cost-savings and dynamic cost structure to the TSOs (in comparison to exclusive use of grid-scale generation units), reducing and even eliminating the need for peaker-plants, reducing the networks’ overall carbon emissions, and creating an open competitive market for flexibility services provided from various resources and technologies.
• Over the years Sympower has taken part in helping to develop new ancillary services markets and has pioneered the participation of demand-side response in these markets.

Test your knowledge about Sympower, a global flexibility services provider that enables commercial and industrial consumers, energy asset owners, and other stakeholders to participate in electricity markets. Learn about the advantages of demand side response in maintaining grid balance and creating new revenue streams in ancillary services markets.