Flexitricity - Drax UK

In January 2026 Drax announced that it had signed an agreement to acquire Flexitricity, a UK-based optimiser of flexible energy assets.

Founded in 2004, Flexitricity provides optimisation and route-to-market services to owners of flexible energy assets, via its proprietary controls platform, enabling their participation in the wholesale energy, balancing and ancillary services markets. Flexitricity provides both front-of and behind-the-meter solutions for grid scale assets as well as demand response services to over 900MW of operational assets, primarily battery energy storage systems (“BESS”), gas peakers, renewables and demand-side response.

Flexitricity’s scalable platform is expected to support the Group’s plans to develop a GW scale pipeline of BESS⁽¹⁾opportunities comprised of (i) physical assets and (ii) the capability to optimise third-party assets with the provision of route to market, floor and tolling structures. Drax already provides a route to market for c.2,000 embedded third-party renewable assets with capacity of c.800MW via its Drax Energy Solutions business.

Visit Flexitricity.com

Drax Group CEO, Will Gardiner, said: “Adding Flexitricity’s expertise and capability which uses AI and advanced machine learning software, delivered via their proprietary platform, supports our options for growth, particularly in our plans for a GW scale BESS portfolio as a part of our FlexGen business, while continuing to provide energy security to the UK power system and delivering new energy services for our customers.”