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Glossary

Please use the ABC navigation to search for the definitions of acronyms, jargon or terminology related to Drax and its industry sector.

Ancillary services

Services provided by National Grid used for balancing supply and demand or maintaining secure electricity supplies within acceptable limits. They are described in Connection Condition 8 of the Grid Code.

Availability

A measure giving the proportion of electrical energy that was available during a period of time, after taking account of both planned and unplanned outages.

Average achieved price

Power revenues divided by volume of net sales (includes imbalance charges).

Average capture price

Revenue derived from bilateral contracts divided by volumes of net merchant sales.