As the national grid comes under increasing pressure to provide more and more energy, the market is transforming into a network of microgrids that generate, store and provide their own energy in order to relieve demand from the grid.
Following the demand for a document of this style last year, we have updated it for 2017. Although it should be acknowledged that due to the National Grid’s (NG) ‘system needs and product strategy’ which they are currently in the consultation period for, we expect to see a number of changes published by NG in late 2017.
Grid contracts are designed to drive National Grid to minimise the cost of operating the National Electricity Transmission (NETS). In the UK there are a number of opportunities available for large energy consumers to benefit from grid contract schemes. These contracts can provide a new source of revenue to companies who utilise technologies, such as energy storage systems, which assist National Grid in reducing the cost of the NETS.
This 13 page PDF document covers the various aspects that affect grid contracts and breaks down how your company could benefit from energy storage above and beyond the proposed energy spend savings by partaking in Demand Side Response (DSR).
- Grid contracts overview: what they are and why they exist
- Non-commodity charges
- The influence of DUoS and Triad charges
- Forecasting and calculating Triad charges
- FFR – Firm Frequency Response (Fixed & Static)
- EFR – Enhanced Frequency Response
- The potential risks involved