Post: Triads announced: GridBeyond was correct in its forecasts

Triads announced: GridBeyond was correct in its forecasts

The Triad results are in, and we are proud to announce that for another year in a row, GridBeyond correctly forecasted all three triads.

Our AI-powered platform, Point, enabled us to analyse a high volume of data in real-time and develop reliable predictions. We have monitored weather changes, generation patterns, and the impact of Covid-19 on energy demand. The automated control system helped our clients to save thousands of pounds on their energy bills by decreasing their energy consumption during Triad peaks.

On 29 March National Grid ESO confirmed the dates for the 2021/2022 Triad periods to be:

Key facts:

• National Grid determines the three highest half hour periods of demand during the winter months. These are termed “Triads” and are used to calculate the charges an organisation will incur for using the network – the TNUoS charge. To be recognised as a Triad these three half hour periods must: fall between 1st November and 28th-29th February and be separated by a clear window of at least ten days
• All three demand peaks for 2021-22 were lower than the lowest peak seen last year (44,449MW)
• Cold weather and low winds were the key driving factor for the increase in demand during Triad periods
• GridBeyond issued warnings for 16.5 hours in total, whilst many other providers would typically suggest their clients lower the consumption for approx. 25-35 hours

Next Winter will be the last season during which energy users with half-hourly meters on their sites will be able to avoid Triads by lowering their consumption at peak demand times. From April 2023, the industry will switch to a fixed charge approach where each transmission-connected meter point is classified into a charging “band”, based on the level of their connection voltage, then by the size of their capacity.

Managing Director UK & Ireland Mark Davis commented: