Posted on: 02/02/2018
Capacity Market T-1 auction closes at lowest price yet
After a three-day auction of fourteen rounds, the Capacity Market T-1 auction cleared at £6/kW/year, the lowest price to date. Boz Bozhkov, Head of Markets, comments on the provisional results.
The Capacity Market T-1 auction closed yesterday at £6/kW/year, securing 5.8GW of capacity for Winter 2018/2019.
The final clearing price was higher than we expected, however it is still the lowest we have ever seen and surprisingly close to last year’s price of £6.95/kW/year.
We predicted the price...
Posted on: 18/01/2018
Top 3 areas to focus your sustainability efforts in 2018
Renewable energy is a key area for sustainable businesses to demonstrate action and leadership, but it can be a complex space. Ahead of the Edie Sustainability Leaders Forum next week, Michael Watts, Strategic Sales Manager, explains three crucial focus areas for the coming year.
When it comes to driving sustainable business growth, reducing your carbon footprint and using renewable energy are likely at the heart of your strategy.
There are many ways that businesses can embrace renewables, so...
Posted on: 16/01/2018
Sharing best practice with CDP and RE100
We are joining experts from CDP and RE100 to present two webinars this Thursday 18th January 2018, sharing best practice for purchasing renewable energy.
We'll be discussing why transparency is key for buying and reporting renewable electricity, highlighting our work with RE100 member Landsec (read their case study here) and highlighting opportunities for companies to amplify their impact through their supply chain.
Posted on: 19/12/2017
Wholesale power price surpasses projected 2018 FiT export tariff
Wholesale prices for 2018 are on an upward trend and many generators are looking to take advantage by locking in their contracts as soon as possible. Chris Smith, Head of Renewable Sales, explains what this means for Feed-in Tariff generators who may be considering opting for the export tariff.
With wholesale prices representing a major part of project revenues, choosing the right time to lock in your power price is crucial.
This can be a difficult decision given increased market volatility and ...
Posted on: 27/11/2017
Landsec leads the way on sustainability in the property sector
Landsec is the largest commercial property development and investment company in the UK and was the first large property company to join the RE100. Caroline Hill, Head of Sustainability, discusses how choosing our Certified Renewable product has helped contribute to their sustainability ambitions.
Why has your business chosen to be supplied by renewable electricity?
Landsec has the ambition to be a sustainability leader in the real estate sector. We focus on decarbonising our property...
Posted on: 24/11/2017
Autumn budget signals time for renewables sector to stand on its own
In this week’s Autumn budget statement, it was announced that there will no new support for renewable projects until 2025. Chief Commercial Officer, David Cockshott, explains why he’s still optimistic for a renewable future.
Renewable energy has achieved many milestones this year, most notably the first coal-free day in the UK since the Industrial Revolution and the ‘greenest summer ever’.
While renewable generation has been growing, technology costs have been falling. In September 2017, we saw ...
Posted on: 22/11/2017
Turning energy price risks into opportunities
James Graham, Head of Asset Optimisation Sales, looks at some of the impacts of the changing energy system on consumer bills and how businesses can turn price risks into opportunities as the value of flexibility increases.
We’ve already seen huge growth in intermittent, renewable generation as we strive to decarbonise. Regulation and economics are resulting in the displacement of thermal plants, with a phase out of coal by 2025 meaning supply margins will be more reliant on renewable output....
Posted on: 17/11/2017
DSR – let’s make it simple!
DSR is a complex space. As the energy landscape is rapidly shifting to a more flexible, dynamic and localised system there is an increasing responsibility for businesses to get involved in DSR to support the grid.
If your business has the flexibility to manage your assets or shift processes away from peak times, you could access a new revenue stream and make significant cost savings on your electricity bill.
But, how do you know where to start? SmartestEnergy has simplified the process in four...
Posted on: 16/11/2017
The next big opportunity for sustainable companies
With COP23 coming to a close this week, the world’s attention has again focused on the need to tackle climate change.
Recent figures show that levels of CO2 in the atmosphere increased at record speed last year and just last week, the World Meteorological Organization revealed that 2017 is set to be one of the three hottest years on record.
While Governments have led the activity at COP23, the business community were also out in force just as they were at COP21, collaborating on how they can...
Posted on: 13/11/2017
How can businesses prepare themselves to embrace the changing market?
Chief Commercial Officer, Dave Cockshott shares his top tips for smart businesses to ensure they are prepared to embrace the rapidly changing market in video interview at the Energy Live Xpo last week.
The energy system is changing! This exciting change is happening right now and businesses must adapt. Undoubtedly this comes with some challenges; the key one being rising costs and the struggle to manage the unpredictable non-commodity costs that make up around 55% on energy bills.
In the below...