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 ...
Posted on: 10/04/2014
Success for SmartestEnergy in Age UK charity competition
SmartestEnergy has raised over £3,000 in a fundraising competition for local charity Age UK Suffolk.
To celebrate their 65th birthday, Age UK Suffolk invited local companies to get involved in their ‘65’ themed challenge which saw participants maximise income on a tight budget supplied by the charity.
The challenge encouraged the competitive spirit between local companies, giving each organisation an allowance of just £65 to creatively invest in fundraising activities in order to raise as...
Posted on: 07/04/2014
New Chief Operating Officer for SmartestEnergy
Masayuki Omoto, who has worked in the global energy industry for more than 20 years, has joined SmartestEnergy as Chief Operating Officer.
He replaces Hiroyuki Sawada who has served in the post since 2010.
During his career to date Mr Omoto has worked across the energy sector including generation, transmission and distribution, vertically-integrated regulated utilities and the LNG sector.
He also has significant international experience having worked in Turkey, the US and Japan.
Posted on: 31/03/2014
Clarity urged on Labour’s price freeze proposals
Labour’s price freeze proposals would be counter-productive and damaging to the wholesale electricity market, SmartestEnergy has warned.
In its response to the Labour’s Energy Green Paper ‘Powering Britain: One Nation Labour’s plans to reset the energy market’, SmartestEnergy said the measure would have “unintended consequences” for the wholesale market and lead to a loss of liquidity.
SmartestEnergy also said it was “very concerned” that the proposals didn’t make it clear that a price freeze ...
Posted on: 03/03/2014
SmartestEnergy supports 56MW UK solar investment
US solar technology firm SunEdison is entering the UK market after agreeing a financing deal for the construction of four utility-scale photovoltaic (PV) solar projects.
The energy produced from the 56 megawatt (MW) portfolio, which is expected to be fully operational by the end of March, will be purchased by SmartestEnergy through a Power Purchase Agreement (PPA.)
Construction of the projects in Swindon, North Devon and on the Essex/Suffolk border, will be financed from the proceeds of a...
Posted on: 13/02/2014
SmartestEnergy tops customer satisfaction table for 4th year running
SmartestEnergy has again retained its position as best in the industry for customer satisfaction among large energy users in a benchmark survey.
The latest Datamonitor B2B Energy Buyer survey placed SmartestEnergy top of the 2013 league table for customer satisfaction among major energy users.
It is the fourth year in a row that SmartestEnergy has headed the table which assesses performance across areas including procurement, billing, account management and query resolution.
Posted on: 10/12/2013
Smaller generators to benefit under John Lewis Partnership deal with SmartestEnergy
The John Lewis Partnership has signed a new energy supply deal which will provide a major boost to renewable generation projects owned by communities, farmers and small businesses across the UK.
The agreement will see SmartestEnergy, which buys electricity from hundreds of independent generation projects, supply more than 380 Waitrose and John Lewis sites with 100% renewable electricity.
Nigel Keen, Director of Property Services for the John Lewis Partnership, said:
“As a responsible...
Posted on: 26/11/2013
SmartestEnergy participates in Low Carbon Network Fund (LCNF) project on potential of energy storage
SmartestEnergy has become a partner with UK Power Networks to investigate the commercial viability of using energy storage systems as part of the UK’s future energy mix.
The Smarter Network Storage Project, funded by Ofgem’s Low Carbon Network Fund (LCNF), looks to assess the potential value of storage on the network by providing a demonstration project to help facilitate learning with regard to the operation and commerciality.
The project is installing 6MW/10MWh of Samsung lithium manganese...