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...
Posted on: 22/11/2013
EMR could hit energy market competition, minister warned
Independent energy firm SmartestEnergy has warned that extra burdens placed on suppliers under EMR could hit smaller players hardest.
Chief Executive Robert Groves told Energy Minister Michael Fallon - visiting SmartestEnergy’s Ipswich base to mark the fifth anniversary of its retail business – that the company is supportive of EMR but has concerns over some of the detail, particularly the supplier obligations proposed under the reforms.
“The obligations which currently look set to fall on...
Posted on: 24/10/2013
‘Crowdfunded’ £10.5M wind farm set to go live
One of the UK’s largest farm-based wind power projects is about to be switched on, generating returns for more than 20 local shareholders who have invested in the scheme.
The £10.5m Greenside Wind Energy project is a joint venture between two long-standing farming families in the North East of Scotland but the upfront investment needed to secure bank finance for the multi-million pound project meant other local investors have also been brought on board.
A further 22 investors, all based...
Posted on: 09/08/2013
SmartestEnergy welcomes Ben Gummer MP
Ambitious plans which could see its workforce increase by at least 50 per cent have been announced by one of East Anglia's fastest growing employers.
SmartestEnergy, which is the UK's largest purchaser and supplier of electricity generated by the independent sector, has already seen Ipswich staff numbers quadruple to 40 in the five years since it set up a base in the town.
It is recruiting a further six staff to its Grafton House offices - next to Ipswich Town’s stadium - and believes staff...
Posted on: 08/07/2013
Independent renewables generating £768m a year after 24% rise in projects
Commercial-scale renewable energy projects developed by businesses, communities, farmers and the public sector are now generating £768m worth of electricity a year - enough to power 3.9 million households, according to new figures.
Investment in independent generation has risen sharply with a 24% jump in live projects in a year as soaring energy bills see more businesses and organisations look to cut costs and profit from high wholesale prices.
The statistics compiled by SmartestEnergy for...
Posted on: 06/12/2012
SmartestEnergy wins Energy Supplier of the Year
SmartestEnergy has been named as Energy Supplier of the Year in this year’s Energy Awards, beating off competition from many of the biggest names in the industry.
The award was announced at a gala dinner attended by more than 500 leading figures at the Grosvenor House Hotel in London.
David Taylor, Head of Sales for SmartestEnergy, said the award reflected a year of “real progress and achievement” during which customer numbers rose by 71% and the number on renewable contracts more than doubled.
Posted on: 19/11/2012
Villagers reap benefits from Turbine
From buying an iPad for a playgroup and floodlights for a tennis club to helping respond to medical emergencies, the income generated from a community wind turbine is already benefitting hundreds of residents of two Aberdeenshire villages.
Since the Udny Community Turbine, the first wholly community-owned and operated wind turbine of its kind on the Scottish mainland, began turning a year ago it has generated more than £120,000 in income.
So far £40,000 has been distributed to local good...