The TRIAD season is almost upon us once again. It’s time for another look at the outcomes of previous seasons which assist you in either avoiding TRIAD demand periods if you import electricity or hitting them if you export electricity.
TRIAD update and historical analysis
Pre-winter 2019-2020
Changes to TRIAD Rates
Last TRIAD season, the government’s plans to steadily reduce TRIAD income available to generators were finalized, and the first step in reducing the rates was implemented. Export payment rates saw an average reduction of approximately 35% when compared to the previous year, though some areas experienced a much higher reduction than others.
The greenest summer on record
This summer has been labelled as the “greenest” on record for energy by the National Grid because 52% of the UK’s electricity requirement was met by low carbon sources, the highest percentage yet, and a great achievement considering that four years ago it was only 35%.
Hope remains for Embedded Generators TRIAD income… just
Back in March this year OFGEM announced their final decision to remove (as good as) TRIAD income for embedded generators. I wrote a blog about it, which you can read here.
Energy storage on mountains and abandoned mines
With renewable energy and energy storage becoming increasingly researched and debated throughout the world, engineers and researchers are coming up with unique ways for storing this energy.
Capacity Market: high costs for users, more income for generators
Winter is fast approaching, whether we are ready or not. The onset of winter means that business electricity prices will rise and this year we will also need to be prepared for the introduction of the Capacity Market (CM) and the additional costs that go with it.
An ITAR update from Ofgem
Recently, Ofgem hosted a Webinar on ‘Guidance on how to produce an Independent Technical Assurance Report’ aimed at those who own a generation station. Two of our engineers Andrew and Oli, took part in the Webinar and learned key points that make producing a quality ITAR important:
Energy storage is more than just batteries
Mention energy storage and many people will first think of batteries. While this is part of the story, electricity is just one form of energy. Growers may be more familiar with heat released through the combustion of fuel in a boiler or engine, for example.
Design services – in depth
Need help designing your heating system? Unsure if your existing equipment is suitable for your new project?
At FEC Energy we can help you size your system to ensure you end up with something that meets your needs. We have experience in most renewable technologies, including biomass boilers, CHP, solar power, wind power and anaerobic digesters.