Energy supplier npower issued its first Triad warning today for the 2011/2012 season, as part of a service that aims to predict half-hourly peaks in demand giving businesses the information to cut their costs on consumption.
Every winter the National Grid measures the three highest peaks of energy demand and then charges energy users a fee to cover their transmission costs, based on the level of energy being consumed. Managing triad peaks not only lowers consumption but also reduces costs. Triads typically fall between November and February and usually occur during periods of cold weather around 5-6pm, when industrial demand coincides with the high domestic tea-time period.
Jon Davies, Head of Strategy and Product Development, Industrial and Commercial Markets from npower said: “npower not only issues a Triad warning a day in advance, to enable businesses to incorporate any measures into their usual energy management plans, but we have also introduced a new online savings calculator.Using this tool allows businesses to quickly estimate the amount they can save if they reduce their consumption during a Triad.”
Over 15 years of issuing triad warnings npower have never missed one.