Posted on: 18/06/2015
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....
Posted on: 05/06/2015
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...
Posted on: 14/04/2015
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 ...
Posted on: 26/02/2015
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.”
Posted on: 17/09/2014
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...
Posted on: 03/09/2014
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 ...
Posted on: 01/09/2014
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...
Posted on: 04/08/2014
SmartestEnergy expands Scottish operation
SmartestEnergy is expanding its operations in Scotland on the back of continued growth north of the border.
The company, which opened an office in Glasgow just under three years ago to add to its existing locations in London and Ipswich, has moved to larger premises in the city and recruiting a new team member after seeing customer numbers more than double.
SmartestEnergy now buys energy from more than 150 projects in Scotland. These range from single wind turbines developed by communities on ...
Posted on: 07/07/2014
Almost £300m invested in independent renewables sector last year
Almost £300m was invested in commercial-scale independent renewable energy projects by businesses, communities, farmers and landowners last year, new figures reveal.
The statistics compiled by SmartestEnergy for this year’s Energy Entrepreneurs Report show 843 new projects, with an average cost of £353,000 each, came on supply.
The 2,930 non-Big Six projects of over 50kW capacity now in operation across the country can generate almost 20TWh of electricity a year, close to meeting the entire...
Posted on: 18/06/2014
Energy prices comment
In light of current debate around decreases in wholesale energy prices not being passed onto consumers, we believe it is important to highlight that many business customers can and do benefit from falling energy prices already.
At SmartestEnergy we separate energy and non-energy pricing to ensure customers have visibility about the price they pay. At the time a customer transacts SmartestEnergy will offer a price based on the wholesale market. With our Fixed product customers opt for stability ...