Capacity Market result a relief for energy buyers but costs still heading higher

The low clearing price achieved in the latest Capacity Market auction took the energy industry by surprise. In our latest Informer Series non-commodity charges webinar, Head of Pricing and Renewables Gavin Baker looked at the outcome in more detail and the implications for consumers.As the volatility seen on wholesale markets this winter has underlined, these are challenging times for energy buyers.But as regular followers of SmartestEnergy’s non-commodity cost webinars will be aware, the wholes...

21 02 2017

What does 2017 have in store for electricity bills?

With Drax’s Contract for Difference (CfD) approved yesterday and the Capacity Market running this winter, business energy users can expect to see higher non-commodity charges on their bills in 2017. Key Account Manager, Mark Cox explains some of the costs that customers need to be ready for.News yesterday that the European Commission had approved the CfD for Drax to convert one of its coal-fired units to biomass was a timely reminder of the higher non-commodity charges forecast for 2017.It is ex...

20 12 2016