Optimo Energy is now able to directly participate in GB Energy Markets

Optimo Energy Limited (Party ID: OPTIMO) has started its accession to the Balancing and Settlement Code (BSC) in August, and have achieved full Performance Assurance Board (PAB) approval in record time in December 2025, reflecting both the company’s operational readiness and technical excellence.

This is marking a major milestone in the company’s mission to connect fleet electrification with national energy markets.

As part of this accession, Optimo Energy has registered under the roles of Virtual Lead Party (VLP) and Virtual Trading Party (VTP) - positioning the company to participate directly in the GB Balancing Mechanism (BM) and wholesale energy markets.

This rapid approval process was underpinned by the deep experience of Optimo’s co-founders, who previously built and operated the Nomination Platforms for BritNed and Eleclink - two of Europe’s most advanced interconnectors. That expertise enabled Optimo to navigate the Elexon Qualification Service Provider (QSP) process with exceptional speed and precision.

With BSC and PAB approval now secured, Optimo Energy is entering the final stages of onboarding with the National Energy System Operator (NESO) to participate in the Balancing Mechanism using its growing portfolio of EV fleets and smart charging assets. The company is also finalising onboarding with EPEX Spot, enabling participation in wholesale energy trading.

Unlocking Market Access for Fleet Operators

Once complete, these steps will make Optimo Energy the first charger and energy management platform capable of natively offering its fleet operator partners direct access to GB energy markets.

Through this capability, Optimo’s platform will allow fleets to monetise their charging flexibility - turning parked EVs into active energy assets that generate revenue from demand response, balancing, and trading activities, all while maintaining operational readiness.

Daniel Homoki-Farkas, CEO and Co-Founder of Optimo Energy, commented:

“Acceding to the Balancing and Settlement Code and achieving PAB approval in record time is a huge achievement for our team. It validates our technology, our compliance maturity, and our unique ability to bridge the worlds of logistics and energy. We’re now ready to deliver the next phase of our vision - enabling fleets to actively participate in the energy system and be rewarded for their flexibility.”