Get ready to avoid high Triad charges

Get ready to avoid high Triad charges

The next Triad season begins on 1 November 2016. You can find out when to take action by managing demand with our Triad Alert service. Effective management of your energy consumption will enable you to lower your costs.

Next month the annual Triad season will begin again. Running from 1 November to the end of February, it represents one of the most important areas of demand management for energy users.

National Grid will be using peak demand data to calculate how much energy users should pay in transmission charges as part of the Transmission Network Use of System (TNUoS) scheme. To avoid higher costs you can undertake triad avoidance. This involves managing your demand consumption during a particular period to lower your charges.

What are Triads?

National Grid identifies three Triads each year in order to calculate the TNUoS charges that an organisation will incur. Triads are the three half-hour periods with the highest demand between 1 November and the end of February. Each Triad must be separated by at least 10 days. This means consecutive days of high demand won’t result in multiple Triads. Businesses that reduce their usage during these high demand points will lower their costs.

How do businesses know when to act?

Forecasting the Triads is dependent on a wide range of different factors. Our Triad Alert Service monitors the likelihood of any particular day being a Triad and sends that information promptly to our clients. These businesses can then take informed action to avoid high usage during these more costly half hour periods, while minimising disruption to everyday activity.

Our daily report can help you plan ahead with an overview of the next 14 days alongside a long-term winter outlook. You can find out more about our Triad Alert service here.

Why choose Utilitywise?

We have helped hundreds of clients avoid these transmission costs by providing them with the tools needed. We called alerts on all three of last winter’s Triad dates. For those that took action, demand was cut by 25% compared to standard winter peak-period half-hour consumption. This resulted in significant cost savings of around £50,000.

You can read more about our successful Triad-predicting track record at our blog ‘Triad Triumph’.

Of course, calling an alert every weekday would generate a 100% success rate. However, this could have a negative impact on businesses. Organisations would incur major damage to revenues if required to turn down production each day for four months ‘just in case’.

Utilitywise aims to provide as few alerts as possible while still highlighting all three Triads. We achieved this last winter, successfully predicting all three triad days while issuing only half the number of alerts from the previous year.

Take control and lower your costs

By forecasting when Triads will occur, Utilitywise enables clients to take control of their consumption and reduce their energy use in order to avoid higher Triad-related charges.

Businesses can respond simply by reducing demand during that time or by load-shifting. Load-shifting involves moving the most energy-intensive tasks of the day to a time when it’s less likely that a Triad will occur, for example early in the morning. Load-shifting means firms can avoid Triads without reducing their overall daily energy use.

The Triad season begins on 1 November. To find out more about our Triad Alert service visit our website, call 01527 511 757 or email corporate@utilitywise.com.

For more information about load-shifting, you can find out more about our controls offering here.

Ross Moffat

Posted by on Monday, the 10. October at 11.50

Ross Moffat has been a part of the Market Intelligence team at Utilitywise since early 2014. His responsibilities include delivering Market Intelligence reports to clients and managing the Utility Insights Twitter account.Ross has a first class Honours degree in Business and Marketing from the University of Stirling.