Posted on: 15/01/2018
SmartestEnergy provides commercial services to 25MW Tynemouth battery storage project
Independent supplier/aggregator SmartestEnergy is providing the commercial services for the operations of the Tynemouth lithium-ion battery storage project developed in Newcastle by multinational power utility Enel.
Under the contract, SmartestEnergy will supply energy to and handle the offtake from the 25MW battery. SmartestEnergy will also provide services to support the four-year Enhanced Frequency Response (EFR) contract which the standalone battery project has secured with National Grid....
Posted on: 01/11/2017
Businesses challenged to increase uptake of renewable energy in supply chains
Businesses are being urged to do more to accelerate the low-carbon transition by driving greater take-up of renewable energy in their supply chains.
A new report has highlighted the huge potential to reduce emissions if corporates leveraged their purchasing power to amplify their own sustainability efforts.
Research for the Renewable Energy in the Supply Chain report compiled by leading independent energy supplier SmartestEnergy and featuring contributions from the Carbon Trust and CDP, found ...
Posted on: 12/09/2017
Independent generators can earn more with smart sales strategy
Unique ManagedPPA designed to help independents win in volatile market
Independent renewable generators can help offset falling revenues by being smarter about when they sell their power, finds a report from SmartestEnergy released today.
It reveals strong demand from independents for expert support on hedging, and SmartestEnergy is launching a unique trigger-based managed Power Purchase Agreement (PPA), which enables generators to take advantage of a rising market and protects them when...
Posted on: 24/07/2017
Appointment of Chief Commercial Officer
SmartestEnergy is pleased to announce the appointment of Dave Cockshott in the role of Chief Commercial Officer.
The Chief Commercial Officer role is a new role created in our recent re-organisation to give us real commercial focus as we transition our business.
Dave will sit in the senior executive committee for SmartestEnergy and is responsible for all customer groups.
As the former Chief Commercial Officer at Inenco and former Director Industrial & Commercial and subsequently Domestic ...
Posted on: 03/05/2017
Independent renewables power one in four households
Independent renewables power one in four households but growth of sector flatlines in wake of subsidy cuts. Energy entrepreneurs turn to storage as UK battery capacity poised to grow up to 100 times by 2020
Growth in independent renewable projects has flatlined after years of dynamic growth in the wake of deep and sudden subsidy cuts, reveals SmartestEnergy’s fifth annual Energy Entrepreneurs Report, released today.
Energy entrepreneurs outside the traditional electricity supply sector are...
Posted on: 26/04/2017
SmartestEnergy accredited by CDP as UK Renewable Energy Provider
SmartestEnergy has become the first UK electricity supplier to be accredited by CDP as one of their Renewable Energy Providers.
CDP, formerly the Carbon Disclosure Project, runs the global disclosure system that enables companies, cities, states and regions to measure and manage their environmental impacts. Over 5,800 companies disclosed their environmental impact to CDP in 2016.
To support businesses with disclosing environmental information, CDP partners with select organisations that...
Posted on: 23/03/2017
High price secured for DSR in Transitional Arrangements auction
The TA auction has cleared in round 6 with a price of £45/kW, securing c300MW of turn-down DSR capacity for 2017/18. SmartestEnergy has secured 40MW of capacity, which is around double the amount achieved in the prior auction.
We had positive price expectations going into the auction but this is far higher than predicted. We believe this is because there was significant drop out of capacity from pre-qualified levels against an unadjusted target. It does reflect the level of prices needed to...
Posted on: 21/03/2017
SmartestEnergy calls for greater support and long-term certainty for innovative flexibility
The UK is not doing enough to develop Demand Side Response (DSR), a key technology in creating a cost-effective, low-carbon energy system, according to electricity supplier and flexibility aggregator SmartestEnergy.
The company called for a complete overhaul of the market to ensure the energy system took full advantage of new technologies, and it warned that growth of DSR could suffer further when it has to compete against fossil fuel power stations in the Capacity Market going forward....
Posted on: 27/01/2017
DSR gives nearly 10,000 businesses opportunity to cut electricity bills by £20,000
Flexible power consumption gives companies opportunity to avoid peak prices and make money from capacity market and energy trading.
Nearly 10,000 UK businesses have the potential to save £20,000 or more each year by helping the National Grid balance supply and demand, SmartestEnergy said today as it prepares to bid to provide 100MW of “demand side response” (DSR) capacity next winter.
Businesses which can identify flexibility in their energy consumption can make money from the Grid by providing ...
Posted on: 27/01/2017
SmartestEnergy wins Edie Sustainable Leaders award
Last night SmartestEnergy won the Edie Sustainability Leaders Award for Product Innovation for our renewable electricity products and Energy Labels!
The Edie Sustainability Product Innovation award recognises our efforts to provide businesses with transparency around renewable electricity and carbon reporting.
It also recognises our achievement of launching the UK’s first Energy Labels, specifying the source and carbon content of the electricity customers buy.
The judges commented:...