Flexibility is the ability of a power system to adapt its consumption or production to fluctuating electricity demand, whether expected or unexpected. Flexibility benefits from data spaces by requiring high-level of data/information integration among stakeholders, which will be highly accelerated through a common ecosystem easing the burden of many managerial, bureaucratic, and technological aspects of the data exchange.
Examples of exchanged data include electrical energy consumption and production of network nodes and environmental data from weather stations.
Examples of data turned into information by advanced analytics and predictive services include energy consumption/production profiles and information on how to remotely activate and deactivate consumption and production of specific resources.