Market facilitator Elexon operates as an independent market facilitator for the GB electricity system, delivering a broad range of services from Balancing and Settlement Code management to flexibility markets. This presents an opportunity to upsell advanced data analytics, API integrations, and platform modernization services to support open, transparent local flexibility markets and new settlement capabilities.

Digital platform expansion Recent news highlights a move toward a new digital platform and a Smart Data Repository (SDR) to structure and manage growing, decentralised, data-driven flexibility markets. This indicates a need for scalable cloud-native solutions, data governance, and integration services that could be offered to enhance performance, security, and interoperability.

Data and interoperability Elexon is actively partnering to share half-hourly data via API and align with common interface standards like OpenADR 3.1. This creates opportunities to provide API-centric data services, integration middleware, and value-added data products for market participants seeking streamlined, standards-compliant data exchange.

Renewables and incentives Elexon administers payments for Contracts for Difference and Capacity Market schemes, underscoring exposure to renewables support mechanisms and security of supply. Sales opportunities exist in compliance, reporting, and analytics solutions that help participants maximise benefits from UK government schemes and ensure accurate, timely settlement.

Growth through partnerships With recent collaborations and a growing role in flexibility markets, Elexon is expanding its ecosystem with technology partners and consultants. This opens avenues for co-delivery of complex platform modernization, system integration, and consultancy services to accelerate market participation and adoption of new settlement reforms.