triads

“I suspect there will be a similar scheme to triads implemented next year. The National Grid will look at responses from clients and utilities as to how they should shape and form the next scheme,” said Barry Hurst, head of sales UK and Ireland at the latest Current± Briefings webinar.

In this week’s Current± Price Watch – powered by Enact – we take a look at wind generation records, import records and one of the last Triad warnings.

Building on the discussion in the first of Current±’s two webinars with Enel X, on 19 January we’ll take a look at how companies can mitigate high transmission costs by taking advantage of the capacity market.

“When we look at the forecast from now to 2050, we're looking at a doubling of electrical demand from a few hundred-terawatt hours to over 600TWh,” said Barry Hurst, head of business development at Enel X.

​In December 2019, Ofgem released their final decision on the Targeted Charging Review, officially confirming that is was bringing in the ‘Triad’ system.

​Electricity prices in Britain have soared at the beginning of the month, with the post-Brexit market arrangements contributing to the spikes.

​Flexibility providers have welcomed the firm frequency response (FFR) auction prices for January announced this week, which were again high.

The UK will have no problem meeting energy demands throughout this winter thanks to a surplus in generation according to the National Grids Winter Outlook report, released on the 9 October.

The UK recorded its greenest ever winter in 2018/19, as mild conditions, high renewable output and system flexibility combined to send carbon intensity tumbling.