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.
For generators exporting electricity, we had the disappointing news earlier this year that TRIAD income will all but disappear over the next three years. Recently a Judicial Review into it was launched; however, we are not optimistic of a positive result. You can read more about this review in this previous blog “Hope remains for Embedded Generators TRIAD incomes… just”.
TRIADs remain well worth ‘chasing’ this winter for generators, even with the lowest region (Northern Scotland) being worth £29,580 per MW exported and the highest (London) being worth £54,970 per MW.
As always for importers, they continue to be worth ‘dodging’ if it can be done without unduly affecting ‘normal operation’. The table below is taken directly from a National Grid document and lists the £/kW TRIAD rates for each region.
|
Zone |
Zone name |
(£/kW) |
|---|---|---|
|
1 |
Northern Scotland |
29.58 |
|
2 |
Southern Scotland |
30.48 |
|
3 |
Northern |
39.22 |
|
4 |
North West |
45.25 |
|
5 |
Yorkshire |
44.97 |
|
6 |
N Wales & Mersey |
46.97 |
|
7 |
East Midlands |
47.89 |
|
8 |
Midlands |
49.46 |
|
9 |
Eastern |
49.62 |
|
10 |
South Wales |
45.55 |
|
11 |
South East |
52.54 |
|
12 |
London |
54.97 |
|
13 |
Southern |
53.41 |
|
14 |
South Western |
51.96 |
The TRIAD season is November to February inclusive. As there could always be higher consumption ‘tomorrow’ during the season many energy suppliers send out alerts whenever they think ‘tonight’ is a potential TRIAD. FEC Energy relays these warnings by text message to any of our clients who want them.
If you are new to TRIADs this blog “What are TRIADs… and will they affect you?” may help you to understand what they are.
Click here to for more information on this TRIAD update and historical analysis.