RE: Keep the Faith10 Mar 2017 09:12
Thanks tasha. Good find. Liked this ; Embedded generators are crucial in managing the winter peak and their charging framework provides an incentive to target their output to times of tight margin. This happens via so-called ‘Triad’, which relates costs to usage in three winter periods when demand is highest. This has led to so-called ‘Triad chasing’, which has also led to market distortion because power plants generate despite having negative spreads to make sure they have low demand at Triad times. However, removing the Triad signal removes the incentive for embedded generation to operate at times of system stress.