Market Eligibility

For Flexibility Service Providers (FSPs) interested in participating in flexibility markets and checking their eligibility, please refer to the following guidance.

Who can provide flexibility services?

To provide flexibility services in any market available on Piclo, companies or organisations must meet the following criteria:

1. Qualification steps: Successfully complete and pass both company qualification and asset qualification specific to the market.
2. Asset ownership: Own assets through a registered entity, including charities, NGOs, community interest companies, local governments, or councils.
3. Asset Location and Capability: Possess assets are appropriately located and capable of providing the required type of flexibility service.

What kind of assets are eligible?

Flexibility is provided by assets connected to the network that can adjust their generation or consumption based on market signals. Examples include electric vehicles (EVs), batteries, and demand side response amongst other agnostic technologies. 

Do assets need to be operational?

Depending on the market qualification criteria, assets do not need to be operational to participate in a competition and secure contracts. They can be planned to become operational by the time their flexibility is required. Piclo uses five different asset statuses. For more details, please refer to the sections on asset status, type, and capacity.

What markets are available on Piclo?

Piclo collaborates with various market operators across the UK, Ireland, Europe, America and Australia. For detailed information and resources about the markets we work with, please visit the System Operator Profile pages.

Who is eligible to participate in flexibility markets?

Before signing up to Piclo, please be aware of the following eligibility criteria:

• Commercial Assets: Owners of commercial assets and business-driven assets, such as EV battery storage, are allowed to participate in the flexibility marketplace.
• Residential Assets: Residential asset holders or retail energy customers cannot directly participate in flexibility competitions. However, they can have their assets managed by an energy aggregator who is entitled to participate in the flexibility marketplace on their behalf.

Next steps

Ready to start providing flexibility? The following resources will help guide you through the next steps:

• Register for a Flexibility Service Provider Account > UK, US, AUS or learn more about the process
• Piclo Academy Introduction to Eligibility and Qualification
• Process Overview for Flexibility Service Providers
• Adding and Managing Assets
• Asset Eligibility and Qualification