FlexCorps operates a virtual power plant that aggregates flexible industrial loads and distributed generators—such as biogas plants, cogeneration units, refrigeration systems, and wastewater pumps—into a market‑ready portfolio for Serbia’s balancing market. The platform handles all regulatory registration, bidding and compliance, and provides participants with capacity payments for availability and activation payments when the grid calls on their flexibility, turning idle operational capacity into a revenue stream.
Funding
Funding not disclosed
Founders
Product
Problem
Industrial facilities and biogas plants often have flexible generation or load capabilities that remain idle, while grid operators struggle to access distributed flexibility resources needed for balancing the electricity system. Without a coordinated marketplace, these assets cannot easily monetize their availability or respond to grid events.
Solution
FlexCorps creates a virtual power plant that aggregates flexible loads and generators—such as biogas units, cogeneration plants, refrigeration systems, wastewater pumps, and wood processing facilities—into a single market‑ready portfolio. The platform handles all regulatory registration, bidding, and compliance with the Serbian transmission system operator (OPS), allowing participants to receive capacity payments simply for being available and activation payments when the grid calls on their flexibility. By pooling resources, FlexCorps enables even small‑scale assets to meet minimum market thresholds and earn revenue from both readiness and performance. Participants receive real‑time event notifications and automated coordination, turning otherwise unused operational flexibility into a reliable income stream.
Target Audience
Primary customers are owners and operators of flexible industrial loads and distributed generators in Serbia, such as biogas plants, cogeneration units, cold storage facilities, wastewater treatment pumps, and wood‑processing plants.
Features
- Aggregation of diverse flexible assets into a single virtual power plant to meet market participation requirements
- End‑to‑end management of licensing, bidding, and regulatory compliance on behalf of participants
- Automated monitoring of grid conditions and real‑time dispatch signals for load reduction or generation increase
- Dual revenue streams: capacity payments for availability and activation payments for actual grid support events
- Online revenue calculator allowing users to estimate earnings based on asset size and market rates
- Transparent fee structure with a 50 % aggregator commission on gross revenues