Data Aggregator (DA)
The agent appointed to aggregate the meter reading data which is received from the Data Collectors (DC) and subsequently forwarded to the Supplier.
Data Collector (DC)
An organisation that collects data for Half Hourly (HH) metering systems. The DC is appointed by the suppliers to retrieve and validate metering data and forward it to the Data Aggregator.
A device used to record meter readings and automatically transmit them to the meter reading agency.
The term day-ahead market refers to the trading of energy within any given 24 hour time period.
Energy that is generated close to where it will be used. Decentralised systems typically use renewable energy sources, including small hydro, combined heat and power (CHP), biomass, solar and wind power. A decentralised energy system can increase security of supply, reduce transmission losses and lowers carbon emissions.
A deemed contract is normally in place when any type of customer moves into new premises and starts to consume gas, electricity, or both, without agreeing a contract with a supplier. A deemed contract may also exist where an existing contract comes to an end but the customer continues to consume energy. It’s vital that organisations are aware that prices on these contracts are on average 80 per cent more than rates charged in a negotiated contract.
An energy profile showing the peaks and troughs of demands.
A service which encourages businesses and consumers to reduce or shift their energy usage in peak periods, usually in response to price changes or incentive payments. Demand response measures enable participants to save on energy costs and reduce their carbon footprint.
Demand Side Management
Also known as load management, this is the process in which organisations are flexible as to when they consume energy. This means that they can schedule their production and shift patterns according to the price of electricity. Consumers who can load manage are able to significantly reduce their consumption during peak times when charges such as Triads and band rates are applied.
Distribution Losses (Dloss)
This is a charge associated with the loss of energy during the distribution process. Examples of this include heat loss, resistance and tampering.
Distribution Network Operators (DNO)
This is the collective name given to the organisations that are responsible for the distribution of electricity. There are 14 regional distributors who maintain the electrical network. A company that owns & maintains a network for transporting electricity.
These charges are applied by Distribution Network Operators (DNO’s) to cover the cost of delivering electricity from the Grid Supply Point to the customer’s premises.
As we all know knowledge is power, especially within our industry. If you want to know more about any terms covered, please get in touch on 0800 61 22 200 or email us at firstname.lastname@example.org
Alternatively you can fill out our contact form below.