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Renewable & CHP Generators : A suppliers perspective

Renewable & CHP Generators : A suppliers perspective. Presentation by Steve Armitage Tel. 0113 289 5369 e-mail: steve.armitage@yeg.co.uk. Agenda - large generators. NETA Objectives NETA to date Supplier issues How you can help? Trading Options Renewable Generators

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Renewable & CHP Generators : A suppliers perspective

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  1. Renewable & CHP Generators : A suppliers perspective Presentation by Steve Armitage Tel. 0113 289 5369 e-mail: steve.armitage@yeg.co.uk

  2. Agenda - large generators • NETA Objectives • NETA to date • Supplier issues • How you can help? • Trading Options • Renewable Generators • Energy Management Centre • Summary

  3. NETA Objectives • Meet the needs of the customer with respect to price, choice, quality and security of supply • Enable the demand to be met efficiently and economically • Enable costs and risks to be reduced and shared efficiently • Promote competition in energy markets

  4. NETA to date • Imbalance prices volatility • Extreme system buy/sell prices • High imbalance surplus • PX & Balancing Mechanism prices difficult to predict • Market prices increasing • Limited demand side participation • Lights still on!

  5. Supplier issues • NETA penalises Imbalance • Costs higher than anticipated • Imbalance surplus • Lack of GSP Demand limits no. of trading partners • Unable to unlock CCL value • Renewable obligation • Complex trading arrangements

  6. How you can help? • Be clear as to what you want • Be clear as to plant capability • Collate & share historic data: • Site details, MPAN, voltage, hh profile • Provide generation forecasts (& deviation from) • Estimate variation from generation forecasts

  7. Trading Options • Peaking, Standby, Base load or spill CHP, Renewable • Trading Options: • Independent Trading • Trading through others • Non Party Generation (SVA) • Contract duration

  8. Trading Options • SVA - Fixed Prices, Variable Prices • CVA - Fixed Prices, Variable Prices, Trading • Participation in balancing mechanism/PX • Optionality • Expect • low prices for un-predictability • imbalance pass through • Ancillary Services • Supply

  9. Renewable Generators • Market short - targets high • Predictable/flexible • Imbalance still an issue • Notify non generation in advance • ROC • Trade ROC in addition to energy • Long term contracts available

  10. Ancillary Services • Balancing Ancillary Services • “Insurance Policies” to assist NGC in balancing the Grid in real-time • Standing or “Fast” Reserve • Frequency Response • Others: warming contracts (contingency reserve), voltage constraints, reactive power

  11. Energy Management Centre Primary role to Balance parties energy position Services on offer: • Registration of BM Units • Submission of Final Physical Notifications (FPN’s) • Submission of bids & offers into the Power Exchange & Balancing Mechanism • Facilitate NGC Ancillary Services • Posting of ECVN’s & MVRN’s • Gas - Trading & Optimisation

  12. Summary • Losers? • Unpredictable/inflexible generators? • Base load generation? • Winners? • Flexible Users • Risk takers • Meeting the challenge

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