Blog

Financing Renewables – In Pursuit of Net-Zero

After the second webinar of our Energy Entrepreneurs Virtual Event Series, where we were joined by energy experts from Foresight Group, Thrive Renewables and the British Hydro Association, Head of Renewable Origination, Rob Luke, summarises the key insights shared by our panelists in the discussion around how to finance renewables and reach net-zero.

Having begun our virtual event series with a look at the future energy mix and a discussion around what needs to be done to get there, we took a...

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Accelerated Loss of Mains Change Programme: What Generators Need to Know

Head of Markets, Bozhidar Bozhkov and Accelerated Loss of Mains Change Programme Manager at Northern Powergrid, John Rowland outline the new requirements for generators after changes to the Distribution Code.

As we’re acutely aware generator subsidies are dropping off and it’s not often we hear news of new funding support, so we wanted to make our customers and the wider generator community aware of funding options linked to the ‘Accelerated Loss of Mains Change Programme’ (ALoMCP).

Whilst...

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SmartestEnergy achieves the 5th highest peaking plant cashflow (£/MW) in the Balancing Mechanism

In the latest edition of our monthly power market blog series, Head of Sales Trading, Fanos Shiamishis and Head of Asset Backed Trading, Simon Kneale take a look at changes across commodity markets in August, covering the power and gas markets system prices and the Balancing Mechanism (BM), where we came 5th in the highest cashflow per available MW for our peaking plant BMU.

Power & Gas
Several risks have evolved during the month of August which made for a very volatile end to the month,...

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A future energy mix dominated by renewables: how will we get there?

Following on from our recent webinar, hosted in collaboration with All-Energy, Head of Sales for Smart Generation, Angus Widdowson shares some of the key themes emerging from our discussion on the future energy mix, and what needs to be done to reach the decarbonised, decentralised, digitised system.

The first webinar of our Energy Entrepreneurs Virtual Event Series took place on the 20th August, with a great level of interest as more than 400 registrants signed up to attend. The major focus of ...

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2020's Rising Balancing Costs: A New Cap and Official Reviews

Head of Pricing, Tom Putney explains the new lower cap on BSUoS costs and outlines how Ofgem are looking at refoming balancing charges.

A couple of months ago, I wrote a blog explaining how a combination of the changing energy system and the effects of lockdown measures made necessary by Covid-19 were increasing the overall cost of keeping the GB electricity grid in balance.

Essentially, record levels of low demand, coupled with high load factors for increasing amounts of intermittent...

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Power Markets Review: July 2020

In the latest edition of our monthly power market blog series, Head of Sales Trading, Fanos Shiamishis, Sales Trader Jean-Philipe Marty and Trading Optimisation Analyst, Leo Burdorf take a look at changes across commodity markets in July, as well as the drivers behind them.

 

Power Prices

The Winter-20 power contract continued to rally from June’s bounce-back in the first half of July, reaching a peak of £47.55/MWh. Power prices initially grew on the back of the rallying Carbon EU...

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Valuing Flexibility: Future Energy Scenarios 2020

Following the publication of National Grid’s 2020 Future Energy Scenarios, Vice President Sales, James Graham, takes a look at some of the key highlights and reflects on recent flexibility developments that we’ve played a leading role in.

 As the UK continues on the path to net-zero, National Grid’s Annual ‘Future Energy Scenarios’ (FES) report helps to provide real insights into where the UK needs to target and affect further change. It also remains a useful reminder that much more needs to...

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Non-Commodity Costs Roundup

Following on from the latest edition of our non-commodity costs webinar, Strategic Account Manager Mark Cox outlines some of the key factors affecting non-energy costs.

Over the past few years, we’ve seen a continuing shift on consumer bills whereby wholesale costs are making up less of a consumer’s overall electricity bill and non-commodity costs are making up more than half of all charges. The Covid-19 pandemic has further accelerated this trend.

 

Subsidies:

With the overall drop in...

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Power Markets Review: June 2020

In the latest edition of our monthly power market blog series, Head of Sales Trading, Fanos Shiamishis, Sales Trader Jean-Philipe Marty and Trading Optimisation Analyst, Leo Burdorf take a look at the recent bounce-back in wholesale prices, as well as changes across commodity markets throughout June.

 

Featured Focus: Wholesale Prices

Over the past two months, wholesale power prices have risen by almost 20%. From the low prices seen in April as demand reduced in reaction to the imposition of ...

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Leveraging online trading technology to maximise generation project revenues

In this latest blog Head of Sales for Smart Generation, Angus Widdowson gives an overview of our new SmartFlex platform, which gives electricity generators the ability to trade online and maximise the value they can obtain from a flexi PPA.

Over the past few months we’ve seen a number of market factors causing volatility in wholesale prices. Coming out of what had already been a bearish winter due to mild weather conditions and a global oversupply of Liquid Natural Gas (LNG), the impacts of...

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