TAKE CONTROL OF YOUR ENERGY BILLS
A combination of ever increasing energy prices and steadily decreasing product costs have presented huge opportunities in the UK Energy Storage market. With our expertise in designing and implementing renewable energy projects, M3 are perfectly postitioned to offer impartial advice on how your business can benefit from reduced energy costs and new revenue streams.
The National Grid is coming under increasing strain as it strives to manage increasing energy demand with the imminent closure of the UK's coal-fired power stations and greater intermittent energy supply through renewables. The are legally obliged to maintain the 'frequency' of the Grid within 1% of a target 50Hz - if this falls below 49.5Hz we risk blackouts, infrequent power and if it rises beyond 50.5Hz, power surgest will damage infrastructure. The Grid have identified Energy Storage Systems (ESS) as a major part of the solution, as they can respond immediately and can act as either a power reserve or a power sink as required. For this dynamic service they are offering premium financial incentives to organisations who give them access to their ESS.
On average only 37% of a UK energy price reflects the wholesale cost of energy which you have little control over. However there are other components of your electricity unit price that an ESS can help you control by shifting your load away from peak periods.
DUoS charges are mechanism by which your District Network Operator reclaims their costs. The day is divided into three periods;
Charges are highest during the 'red' period and lowest during the 'green' period. By charging your ESS in the 'green' period and using that power during the 'red' period, significant savings can be made.
TUoS charges are how the National Grid reclaim their costs for maintaining the nations electrical infrastructure. These costs are calculated through the Triad mechanism which, identifies the three peak periods of demand in the winter months. These peak periods typically occur between 5pm and 6pm, so by eliminating your site demand during this period you also avoid these costs.
An initial analysis of your half-hourly data and your site will allow us to assess eligibility and suitability for an ESS
Once we have assessed your site we will specify the exact size and type of ESS required by your business.
A Survey will be carried out to determine how and where the ESS will be installed at your site. All costs will be identified, and approval from the National Grid will be obtained.
Finally an installation will take place and your ESS will be hardwired into the National Grid.