Blog

Evidencing zero carbon renewable energy with energy labels

SmartestEnergy issue our renewable electricity customers with an energy label(s) on an annual basis to evidence their zero-carbon supply. As our Renewables Trading and Marketing teams are working behind the scenes to prepare 2000+ energy labels for our I&C customers, Nathan Dad, Head of I&C Supply Sales explains the verification process undertaken by the Carbon Trust and the importance of the ever-growing need to evidence zero-emissions as corporates accelerate their green plans. 

On...

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Is REMA the answer to the Energy Crisis?

Record high prices and looming net zero targets have pushed the UK government to launch The Review of Electricity Market Arrangements (REMA) as ‘biggest electricity market shake up in decades’. James Graham, Vice President of Sales, shares an overview of the key REMA proposals and the challenges ahead for Winter 2022-23. Is REMA the answer to the UK’s Energy Price Crisis? 

Over the last month, BEIS have launched  a major review of the UK’s electricity market arrangements, known as REMA;...

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Net Zero - Help & Advice for Small Businesses

Turning a new leaf with Net Zero

A recent YouGov survey of business decision makers found that only 29% of UK businesses have a strategy for Net Zero, with 42% feeling overwhelmed by what is required. So we've compiled this customer guide to help you think about what Net Zero means to your business, breaking down the jargon and highlighting quick wins for carbon reduction.

Looking at things from a different business perspective, making that commitment to change, coming up with a plan, and...

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What’s new for Generators? Key headlines and regulatory updates

Last week James Clark, Business Development Manager and Alex Walmsley, Head of Pricing hosted our Generator Revenue Streams webinar. They discussed key headlines and regulatory updates including the removal of BSUoS from generation; REMA; and the latest CFD auction results. In this blog James Clark considers the impacts of the latest regulation on independent generators, as well as the opportunities these changes create. 

Removal of BSUoS charges from generation​ 

Following the...

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What is the Faster Switching Programme and what does it mean for consumers?

Ofgem's Faster Switching Programme goes live today, meaning the current 28-day switching timeframe for business energy customers is now just 2 working days. In this blog, Jono Liddell, Metering, Settlement and Imbalance Manager, shares further information on the Faster Switching Programme and what this means for our Industrial and Commercial business electricity customers.

The Faster Switching Programme is one initiative within a broader set of reforms from Ofgem that aims to improve...

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Spotlight on demand-side response

Following the recent launch of our Optional Demand Response (ODR) trial service, Boz Bozhkov, Head of Product, explains how SmartestEnergy is using demand response to help customers take advantage of the current market volatility.

The global pandemic and major geopolitical power repositioning are only a few of the challenges currently facing the energy industry, and many companies have been forced to look for new tools to survive these trying times. 

Demand-side response (DSR) is an integral...

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Celebrating pride month at SmartestEnergy #SmartestBalance

It is the start of Pride month and time for all to celebrate a colourful and diverse society! In the second blog of our #SmartestBalance series, Kieran Williams, Metering Team Leader and member of our Diverse Genders and Sexualities (DSG) community group, shares why it's important to celebrate Pride as an organisation, placing inclusion and diversity at the heart of our strategic SmartestBalance initiative.  

Pride is about celebrating diversity, love and acceptance and at SmartestEnergy, we...

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Offsetting your Carbon Footprint – What is Carbon Offsetting, and how does it work?

SmartestEnergy is committed to driving the transition to a low carbon future. In this blog, Vineet Arora, Emissions & Fuels Trader, explains how voluntary carbon credits can help businesses achieve their net-zero ambitions.  

In recent years, as environmental, social, and governance (ESG) goals move up the corporate agenda, particularly following decisions made at COP26, interest in the voluntary carbon market has grown. Voluntary carbon credits help businesses fulfil their climate...

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How are BSUoS charges changing?  

Following their minded-to decision late last year, Ofgem has announced a final decision on Balancing Services Use of System (BSUoS) charges. From 1 April 2023, generators will no longer pay BSUoS charges. In this blog, Alexander Walmsley, Head of Pricing, shares further information on the BSUoS changes and the effect on our Generation and I&C Business customers.   

BSUoS charges are how the Electricity System Operator (ESO) recovers costs associated with the day-to-day operation and...

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Equality, Diversity and Inclusion: What it means to me and SmartestEnergy #SmartestBalance

One of SmartestEnergy's ambitions is to be a company that embeds a culture focused on equality, diversity and inclusion (EDI). To ensure we build an accepting and enjoyable workplace for all, we established our 'Smartest Balance' initiative. In the first blog of our #SmartestBalance series, James Graham, VP of Sales and Marketing, shares his motivations for volunteering to chair the Equality, Diversity & Inclusion Strategic Group (EDISG), as well as explaining our strategic goals for...

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