Energy Entrepreneurs Report 2015: Record growth for independent renewables

Project numbers soar by 57% as over £400m invested

More than £400m - over £1.1m a day - was invested in independent renewable energy generation projects by businesses, farmers, landowners and communities last year.

The continued strong growth being seen in generation outside the big power companies came despite the renewables sector facing significant headwinds in political uncertainty and changes to renewable subsidies.

The independent generation sector has also had to deal with the impact...

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SmartestEnergy recognised as an Investor In People

SmartestEnergy has been awarded the Investors in People Silver standard, demonstrating their commitment to realising the potential of their people.

Investors in People is the UK's leading accreditation for business improvement through people management, and provides a wealth of resources for businesses to innovate, improve and grow, with a focus on good people making great business.

SmartestEnergy’s Chief Executive Officer Robert Groves commented on the award:

“We are very committed to our...

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SmartestEnergy joins leading customer service body

As part of our commitment to continually developing our market-leading customer service, SmartestEnergy has joined the Institute of Customer Service.

The professional membership body aims to help organisations harness customer service strategy in order to improve the experience of customers.

Robert Groves, SmartestEnergy’s chief executive, said joining the Institute was further demonstration of our focus on customers.

“Maintaining consistently high levels of customer satisfaction has been a...

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Onshore wind comment

Along with the rest of the renewables industry, SmartestEnergy is disappointed with the announcement about the early close of the Renewables Obligation scheme for onshore wind and reference to further changes to the Contracts for Difference scheme.

We believe onshore wind is an integral part of the renewable mix required for the UK to become a low carbon economy. It is also clear that onshore wind creates jobs and empowers local communities, offering economic growth and local energy supply.

...

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Multifuel Energy signs power deal worth £75m with SmartestEnergy

One of the UK’s biggest-ever low carbon power purchase deals has been signed ahead of commercial operations starting at the £300m Multifuel energy plant later this year.

Multifuel Energy Limited (MEL), a joint venture between SSE and US-based Wheelabrator Technologies Inc., has signed a two-year Power Purchase Agreement (PPA) with SmartestEnergy for the output from the Ferrybridge Multifuel 1 project near Knottingley in West Yorkshire.

The power station will produce around 600 Gigawatt hours...

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Consumers buy more when brands are sustainable finds research

Research by SmartestEnergy has found that 81% of consumers are likely to buy from a consumer brand with a positive approach to sustainability.

However, brands aren’t doing enough to promote their green credentials as 45% of consumers are unaware of any sustainable practices brands have adopted. This sends a clear message to brands - communicate your green initiatives as this will encourage sales.

“Today’s consumer is savvy and cares about the environment, they realise that we all need to work ...

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CfD results: Independent generators helping drive down renewable energy costs

The results of the first CfD auction were announced by DECC today – see them here.

Iain Robertson, our Generation Sales Manager, said:

“The fact that so many independent generation projects took part in and have been successful in this auction proves they can compete with the big players who still generate most of the UK’s energy. The competition these smaller developers bring to the market is clearly helping to ensure a good deal for consumers and helping meet the UK’s energy needs.”

“The...

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Power purchase deal struck for world’s biggest tidal array

The developers of the world’s biggest tidal array have signed a multi-million pound deal to sell electricity generated by the Scottish project.

MeyGen has signed the 10-year Power Purchase Agreement (PPA) with independent energy firm SmartestEnergy for its tidal stream project in the Pentland Firth.

The agreement could be worth more than £50m over its lifetime and comes just weeks after Atlantis Resources, the developer behind MeyGen, announced it had secured a major funding package to take...

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New EMR-ready Power Purchase Agreement launched

SmartestEnergy, the UK’s leading purchaser of energy generated from the independent sector, has launched a new product to help generators sell their power as the new Electricity Market Reform (EMR) comes into force.

The SmartestEnergy Contracts for Difference (CfD) Power Purchase Agreement (PPA) has been unveiled ahead of the first CfD allocation round, which will be open from 14th to 27th October 2014.

Iain Robertson, Head of Generation for SmartestEnergy, which buys power from more than 600 ...

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SmartestEnergy finalist for 'Supplier of the Year' at The Energy Awards 2014

SmartestEnergy is honoured to announce that we have been shortlisted as one of the finalists for the ‘Supplier of the Year’ category in this year’s Energy Awards.

With a record breaking number of entries this year, we are extremely pleased to have been nominated again and are hoping to regain this prestigious award, which we previously attained back in 2012.

“We always strive to exceed our customers’ expectations with product innovation and a flexible approach, it’s a great achievement to...

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