Posted on: 30/07/2020
SmartestEnergy Coronavirus (COVID-19) Update
This company news update will be continually revised with the latest information from SmartestEnergy pertaining to our Business Continuity Plan and its implementation in response to Coronavirus (COVID-19).
SmartestEnergy’s established project team is continuing to manage the implementation of our Business Continuity Plan in response to the unique challenges posed by the COVID-19 pandemic.
Staff at our three UK offices continue to work remotely where necessary, maintaining business as usual...
Posted on: 07/07/2020
SmartestEnergy signs PPA deal for Newhurst Energy-from-Waste facility
One of the largest power purchase agreements (PPA) seen in the UK Energy-from-Waste sector has been signed.
Under the 15-year PPA secured after a highly competitive tender process, leading independent SmartestEnergy will buy the electricity generated by the new Newhurst Energy-from-Waste ('EfW') facility in Leicestershire.
The facility, which supports the Government's drive to reduce reliance on landfill and treat more non-recyclable waste at home, will provide 350,000 tonnes of treatment...
Posted on: 23/06/2020
SmartestEnergy add 20MW of gas peaking plant to their Smart Generation portfolio
Enablement works took place during the coronavirus lockdown period, demonstrating the company’s ability to continue to deliver key enablement works to help customers in accessing new revenue streams.
SmartestEnergy has completed enablement works to provide an existing 20MW gas engine site with access to new energy markets, including the Balancing Mechanism (BM). Notably, enablement works were carried out while the site was operational and during the height of the coronavirus lockdown, with...
Posted on: 17/06/2020
SmartFlex records its first trade with long-term Scottish generation customer set to maximise revenues across multiple sites
Owners of a portfolio of wind and hydro assets on the West Coast of Scotland switched to a SmartestEnegy’s Digital FlexiPPA and were the company’s first customers to trade using its new SmartFlex trading portal
SmartestEnergy has worked with the Lithgow family since their 10MW Allt Dearg Wind Farm was commissioned on Christmas Eve 2012. This renewable generation site is located on the West Coast of Argyll, Scotland, in an exceptionally windy location. Its 12 high-performing Vesta V52 turbines ...
Posted on: 11/05/2020
SmartestEnergy digitise PPA with new online portal, SmartFlex
SmartestEnergy have launched the next phase of their technology-based approach to Power Purchase Agreements with a new bespoke online trading portal, SmartFlex.
The Next Generation Energy Company have digitised their traditional FlexiPPA product, to enable generators to have more control over how and when they sell their power. With SmartFlex, generators can track the market, react to price opportunities and trade instantly at the click of a button.
SmartestEnergy have responded to the...
Posted on: 06/12/2019
SmartestEnergy acquire Dual Energy
SmartestEnergy announce the acquisition of Dual Energy, the Smart Meter business energy supplier
Next generation energy company, SmartestEnergy have today announced that they have acquired the Sussex-based energy supplier, Dual Energy.
Complementing their award-winning I&C electricity supply business, this deal enables SmartestEnergy to take their leading customer service to smaller businesses with Non-Half Hourly meters, laying the foundations for the transition to net-zero.
Built on an ...
Posted on: 04/12/2019
Wrapping up a ‘green’ year with a festive donation to Renewable World
For a detailed look at activities, SmartestEnergy has collated its green and charitable highlights from the past year in its Sustainability Report 2019, which was published earlier this week. Along with providing company highlights, the report explores how SmartestEnergy is helping smart businesses take the lead on net zero.
As the year wraps up, SmartestEnergy reflects on its efforts to focus on green initiatives and partners with Renewable World to issue its festive e-cards, providing them...
Posted on: 23/10/2019
SmartestEnergy dispatch 37MW in the Balancing Mechanism
SmartestEnergy complete their first trade in the Balancing Mechanism.
Having been issued a Bid Offer Acceptance (BOA) by National Grid at 9:23AM on the 23rd October, the next generation energy company dispatched 37MW into this near real-time market, this dispatch lasted 30 minutes at an accepted offer price of £74/MWh.
With significant investment SmartestEnergy has enhanced its optimisation portfolio with the addition of the Balancing Mechanism (BM). They are one of the very few energy...
Posted on: 17/07/2019
SmartestEnergy Powers Inaugural London Green Film Festival
Today marks the launch of the London Green Film Festival, which is powered by 100% natural renewable electricity sourced by SmartestEnergy
The inaugural London Green Film Festival commences today at Regent’s Place, with the premier screening of ‘The Biggest Little Farm’ – a documentary that provides a blueprint for better living and a healthier planet.
The 10 day festival is fully powered by 100% natural renewable electricity sourced by SmartestEnergy; electricity which is backed by...
Posted on: 23/04/2019
New report reveals renewable projects could lose £15 per MWh due to regulatory changes
A new report issued today by SmartestEnergy forecasts that renewable projects could lose up to £15 per MWh by 2023 due to the combined impact of Ofgem’s proposed embedded benefit cuts and the Targeted Charging Review (TCR). The changing regulatory landscape could place future renewable investments at risk, but the energy industry is already demonstrating its resilience by finding ways to counteract this.
The report titled, The Future Energy Stack: Driving Value in an Uncertain Future, has been ...