Posted on: 20/12/2016
What does 2017 have in store for electricity bills?
With Drax’s Contract for Difference (CfD) approved yesterday and the Capacity Market running this winter, business energy users can expect to see higher non-commodity charges on their bills in 2017. Key Account Manager, Mark Cox explains some of the costs that customers need to be ready for.
News yesterday that the European Commission had approved the CfD for Drax to convert one of its coal-fired units to biomass was a timely reminder of the higher non-commodity charges forecast for 2017.
Posted on: 09/12/2016
Positive outcome for batteries in the T-4 Capacity Auction results
This winter’s first of three Capacity Market Auctions, the T-4 auction for delivery in 2020/21 cleared yesterday. VP of Demand Side Management Robert Owens comments on the prices and the positive outcome for battery storage projects.
After 11 rounds, the T-4 Capacity Auction cleared yesterday, with agreements for 52.43GW of capacity at a price of £22.50/kW/yr.
This is in the middle of expectations leading immediately up to the auction, which were hovering around £20-£25/kW/yr.
Posted on: 29/11/2016
Rising wholesale prices not the whole picture for generators
The latest SmartestEnergy Embedded Benefits webinar looked in detail at what has been happening to wholesale prices and charges along with forecasts for the future. Webinar presenter and Business Development Manager Matt Neve runs through some of the highlights.
Watching power market movements of late will have put a smile on the faces of some generators as winter approaches.
Recent weeks have seen some of the highest-ever peak electricity prices after a general upward trend which began early...
Posted on: 18/11/2016
Flexibility has crucial role to play in our future energy system
Following his presentation at the EMEX event in London this week, Robert Owens explains how Demand Side Response (DSR) and storage will drive the transition to a smarter energy system while helping companies meet their energy ambitions.
Ofgem and the Government recently launched a consultation seeking industry views on the shift they want to see towards a much more flexible energy system.
The prize on offer from greater flexibility is huge, with research by Imperial College and the Carbon...
Posted on: 20/10/2016
Risk Vs Revenue: the commercial case for DSR
Our Demand Side Response (DSR) webinar last week revealed how businesses can turn their flexible energy demand into a revenue creating asset with the capacity market. Robert Owens, VP Demand Side Management, talks us through how DSR can provide significant returns with minimal impact on business operations.
For many businesses that are building the commercial case for DSR, the challenge is ‘risk versus revenue’. Energy managers need to convince the board how DSR can provide an additional...
Posted on: 11/10/2016
Meeting the changing needs of independent generators
Following the release of our latest report on the independent generation sector, Iain Robertson, Generation Sales Manager, discusses the commercial trends we see emerging.
After several years of sustained growth and significant investment, the independent generation sector now finds itself facing a period of unprecedented challenges.
A combination of sudden subsidy changes, difficult market conditions and fresh political uncertainty in the wake of the EU referendum has shaken confidence and...
Posted on: 11/10/2016
Renewables Obligation costs set to increase for consumers in 2017/18
The Government have just published the Renewables Obligation (RO) for 2017/18. Renewables Trader Vishnu Aggarwal explains how this will impact customer bills and the implications of the Energy Intensive Industries (EII) Exemption.
Each year, the Government calculates the amount of Renewables Obligation Certificates (ROCs) that suppliers need to procure based on the expected renewable generation and demand. This figure has just been released for 2017/18 (or Compliance Period CP16) and is 0.409...
Posted on: 11/10/2016
Case study: Willmott Dixon's approach to sustainability
Claire Smith, Principal Sustainable Development Manager at Willmott Dixon Re-Thinking discusses their approach to sustainability and why buying renewable energy is a crucial part of their strategy.
Willmott Dixon has high ambitions when it comes to carbon management.
As a leading constructor of sustainable buildings (it was the force behind sustainability exemplars such as WWF’s The Living Planet Centre and the UK’s largest non-residential Passivhaus development), it takes a rigorous approach ...
Posted on: 06/10/2016
Renewable energy labels respond to the growing demand from sustainable businesses
Following the launch of our Energy Labels last week, CEO Robert Groves discusses how we're responding to the growing demand from sustainable businesses for the provenance of their renewable electricity supply.
We at SmartestEnergy achieved something very exciting last week - the launch of the UK’s first Energy Label for renewable electricity supply!
Hundreds of our renewable electricity customers, some of the biggest brands in the UK, received from us a label detailing the source and carbon...
Posted on: 04/10/2016
Why “take our word for it” is no longer enough for businesses buying renewable electricity…
Businesses choosing to buy renewable electricity is not a new thing, but the market has grown increasingly complex in recent years. Mike Shirley, Head of Marketing, discusses why transparency and clarity are vital to the growth of renewable supply.
Since summer last year, with the removal of Levy Exemptions Certificates, renewable generation has been evidenced by Renewable Energy Guarantee of Origin (REGO) certificates.
Customers buying renewable electricity therefore assume that every...