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Modity establishes structure for services within flexibility

In order for the power system to deliver electricity, it must be in balance. In line with the growth that the power system is experiencing, both in terms of production and consumption, which has become increasingly difficult to plan or predict, it is required that electricity market actors contribute with various types of services and measures at system level.

Even the real estate and residential segment with its small-scale power production and new types of consumption can benefit from being a cog in the wheel, for example in the capacity market and intraday trading.

In this complexity, Modity acts and creates structure and opportunities, among other things by, together with Öresundskraft and Kraftringen, organizing itself around flexibility.

Novion got the chance to be part of the development and establishment of the program office at an early stage. Novion works closely with Modity's business development to, through the program office, create offer development that connects flexibility and electricity trading, build competence that reaches all the way to the end customer, create conditions and growth that is ultimately positive for society.

For more information contact:

Jörgen Rosvall

CEO & Founder

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