Articles

The world of energy policy and third-party charging is hugely complicated and ever changing. It’s also an area we recognise many customers are keen to know more about.

When it comes to the way we generate and consume energy, there’s no doubt things are changing – and rapidly too.

With the recent confirmation from Ofgem that the Triad methodology for calculating Transmission Network Use of System (TNUoS) charges will cease from April 2021 (see last week’s blog), many large consumers are reviewing revenue opportunities for demand side response (DSR) participation.

Of course, significant savings from Triad avoidance – that is turning down grid demand during periods of peak demand – can still be made throughout this winter season and next.

Ofgem has at last published its long-awaited decision on changes to the way in which consumers pay for the residual element of transmission and distribution charges, plus revisions to the embedded benefits small generators receive.

While Ofgem’s aim is the make charges fairer to all consumers, the news is not so positive for forward-thinking consumers who’ve invested in on-site generation, battery storage and/or consumption flexibility.

Low-carbon power is now the dominant form of energy supply in the UK. In 2018, it accounted for a record 54% of our total generation.

The low-carbon and renewable energy economy is also growing, and was worth £44.5 billion in 2017.

Staff from our Midlands-based offices also get involved, arranging volunteer days at the Birmingham house to do ad hoc jobs like decorating, cleaning, making tea and helping out at events such as Pancake Day or a Halloween Party

In less than ten years, we’ve moved from large-scale coal, gas and oil plant supplying 80% of our national power demand to a far more decarbonised, diversified and decentralised model of generation.