Game-changing renewable energy projects delivered by second Contracts for Difference auction

The CfD auction results announced this week will deliver significant value for the GB market. Iain Robertson, Vice President Renewables, discusses the impacts on the future energy mix.

The second Contacts for Difference (CfD) auction has awarded contracts to 11 projects totalling 3.3GW for the delivery years 2021/22 and 2022/23, with the significantly reduced strike prices proving the economic value of renewables in the energy mix.

Offshore wind, biomass CHP and advanced conversion...

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How renewable is your organisation’s supply chain?

As the world’s most influential companies commit to purchasing 100% renewable electricity, Mike Shirley, SmartestEnergy’s Head of Marketing, looks at how businesses can help support the low-carbon transition by pushing renewables down their supply chain.

As the first company in the UK to offer Certified Renewable Electricity, we talk to a lot of companies that realise the benefits of purchasing renewable electricity.

On a global scale, earlier in the summer the RE100 announced it had reached ...

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Changing energy market means generators must evolve hedging strategies

A new energy landscape is rapidly evolving in the UK. Following the launch of our 'Power Shift' report, Iain Robertson, Vice President of Renewables, discusses the challenges and opportunities for independent generators.

The generation system which has been long-dominated by large-scale fossil fuel plants is being replaced by a decentralised, cleaner and smarter one. This huge shift has seen thousands of new renewable energy projects come on stream in recent years.

But making smaller...

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Ofgem’s latest plan ensures regulation will keep pace with system change

As Ofgem publish new proposals to keep regulation up-to-date with the changing energy system, both industry players and consumers are asking what it means. Simon White, Regulatory Analyst, outlines the latest plans and their impacts on end users

Energy moves so fast nowadays that it sometimes seems the future is already old news. Talking about the “future energy system” is easy, but the detailed changes required to actually deliver it are complex and wide-ranging.

Key issues presented include ...

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Could your organisation be more active in the energy system?

SmartestEnergy is a partner of the Living Grid initiative to encourage organisations becoming more active in the energy system. Mike Watts, Strategic Sales Manager, discusses why more organisations are taking on an active role and the steps to get started on this journey.

Traditionally, most businesses have been passive in the energy system – running their operations with little thought about energy, apart from the price they pay and how to use less.

With Britain’s electricity system in the...

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New battery storage investment - is this the push that the industry has been waiting for?

The Government has recently pledged major support for battery storage as part of plans to modernise the energy system. James Graham, Head of Asset Optimisation Sales, discusses what the industry requires to overcome existing barriers and enable more battery storage in the future energy mix.

Interest and investment in battery storage has really ramped up over the past year since we published our “Making the commercial case for battery storage” report to address the challenges facing the sector.

...

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Competition ‘heats’ up for the next Capacity Market auctions

With generators, storage, and demand-side participants all competing together in the next Capacity Market (T-1 and T-4), they could be the most competitive auctions yet. Angus Widdowson looks at the opportunities for CHP (Combined Heat and Power) plants and the potential revenues available.

More than 2,000 UK businesses are already using CHP but with many of these plants only required for back-up generation, they are not being fully utilised. There’s an opportunity for businesses to access an...

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Hammerson sets the bar high with ambitious 2030 sustainability targets

Hammerson, the owner, manager and developer of European retail destinations worth more than £10 billion, has ambitious sustainability targets set for 2030. Kate Neale, Environment & Energy Manager, explains how choosing our Certified Renewable product has helped contribute to their goals.

Why has your business chosen to be supplied by renewable electricity?

When Hammerson first made the decision to be supplied by 100% renewable electricity it was because it helped us to reach our target...

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Call for corporates to ‘bring energy to life’

Living Grid has released a new video this week calling on businesses to get involved in the energy system. Head of Marketing Mike Shirley discusses why we are supporting this initiative and the opportunities for businesses to be more active participants.

There is an undeniable shift happening in the UK's energy system, a revolution even! As with all revolutions, there will be winners and losers - those that embrace the new normal and those that get left behind.

A growing number of companies...

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Exciting opportunities for consumers and generators to benefit from innovative corporate PPAs

Direct agreements between generators and energy consumers, known as corporate PPAs, are attracting greater interest with the decline in renewable subsidies. Head of Renewable Sales Chris Smith discusses how to overcome the barriers to enabling corporate PPAs.

Corporate PPAs, are direct agreements between generators and large energy consumers, and are increasingly the focus of renewable developers and investors seeking to continue building in the post Renewable Obligation world.

Association...

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