Definition
A flexibility aggregator is a market participant that collects and coordinates consumption flexibilityAbility to change power consumption or production in response to price signals or system operator needs. or stored energy from many end users - households, businesses, electric vehicles, heat pumps, batteries - and offers this collectively to grid operators, TSOs or in the spot market. The role is relatively new in the Nordic power market and is under regulatory development. Flexibility aggregators differ from traditional aggregators (BRPs) in that they primarily handle the demand side and consumption flexibility (demand responseReduction or shifting of electricity consumption in response to price signals or the system operator's request - an important flexibility resource.).