Posted on: 26/08/2016
SmartestEnergy respond to the Enhanced Frequency Response (EFR) results published today
Today National Grid announced the results of the Enhanced Frequency Response (EFR) auction, with eight storage projects (totalling 201MW) securing contracts at an average price of £9.78/MW.
Robert Owens, Vice President Demand Side Management at SmartestEnergy comments below:
“The end of the first EFR auction is a real milestone for the UK battery storage sector. From the results we have seen so far, it seems that independent developers have done well in the auction securing 60% of the...
Posted on: 17/08/2016
SmartestEnergy demands more clarity on grid contracts to give confidence to battery developers
SmartestEnergy, Britain’s leading purchaser of electricity from independent generators, has called for the National Grid to provide more certainty on future frequency response capacity in order to drive the emerging energy storage sector.
SmartestEnergy, which pioneered the UK’s first supply and offtake agreement for a battery storage project, consulted 45 battery storage innovators in the lead up to the first Enhanced Frequency Response (EFR) auction to explore the barriers they face to...
Posted on: 27/07/2016
SmartestEnergy selects Matrica for new Demand Forecasting System
SmartestEnergy has selected Matrica's Nominator platform to manage demand forecasting across its power, gas and renewables portfolios for both long and short term forecasts.
Matrica was established in 1994 and since then has become one of the leading providers’ of energy consultancy, data management, energy demand management and general forecasting systems for the power, gas and renewable sectors. Within these sectors, Matrica addresses the needs of generators, transmission operators and...
Posted on: 20/07/2016
SmartestEnergy helping developing world reap benefits of renewable energy
A charity which helps tackle global poverty through the development of renewable energy projects is being supported by SmartestEnergy.
Renewable World was chosen by staff to be the company’s corporate charity for 2016/17.
The organisation works to help the 1.3 billion-plus people in the world without access to reliable electricity through renewable energy projects aimed at improving local incomes, health and education.
Robert Groves, SmartestEnergy’s Chief Executive, said:
“We work with many...
Posted on: 22/06/2016
SmartestEnergy strikes gold for people management performance
SmartestEnergy has been awarded the prestigious Investors in People Gold standard, becoming one of only 7% of firms in the UK involved in the scheme to achieve the level.
The award of the Gold standard followed a rigorous assessment process including interviews with staff.
Paul Devoy, head of Investors in People, said: “Such a high level of accreditation is the sign of great people management practice, and demonstrates a commitment to staff development and shows an organisation committed to...
Posted on: 01/06/2016
Independent renewable generators supply 7.6% of UK power demand with £1 billion of clean electricity
Innovative entrepreneurs are “indispensable” to low-carbon transition
Independent renewable generators are central to Britain’s low-carbon transition and now supply 7.6% of UK power demand with clean electricity, reveals SmartestEnergy’s fourth annual Energy Entrepreneurs Report, released today.
Last year energy entrepreneurs outside the traditional electricity supply sector invested over £376 million in 1007 commercial-scale projects, adding 2.4GW of new renewable capacity.
In the four...
Posted on: 31/05/2016
SmartestEnergy Selects Allegro for Energy Trading and Risk Management
The UK’s largest purchaser of energy generated by the independent sector to manage physical and financial trading and risk management activities with Allegro.
Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, has announced that SmartestEnergy has selected the Allegro platform to manage its power, gas, emissions and renewables portfolios.
“SmartestEnergy need a robust, flexible and proven platform as a foundation to manage all of our...
Posted on: 18/05/2016
SmartestEnergy selects Zensar as its IT transformation partner
Zensar Technologies, a leading provider of digital solutions, software and infrastructure services, recently announced that it will partner leading UK energy company, SmartestEnergy to transform its core IT systems. As part of this initiative spread over three years, Zensar will help the company meet its strategic transformation aspirations.
The company has embarked on a critical transformation programme called BCR (Business Capability Review). The key objective of this company-wide exercise...
Posted on: 22/02/2016
CEO interview: Businesses are key to evolving our sustainable cities
With the people and businesses in our growing cities expected to be responsible for 80% of global carbon emissions by 2050, the way we generate, distribute and consume electricity needs to change. SmartestEnergy CEO Robert Groves shares his thoughts about how the business sector can lead the way.
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There’s no question that traditional centralised, fossil-fuel based generation will have to give way to sustainable, localised energy production alongside much more efficient, ...
Posted on: 15/01/2016
A year of strong growth for SmartestEnergy
With success in customer wins and renewals, the launch of two new market-leading products, strong financial performance and recognition for our employee satisfaction, 2015 was a very positive year for SmartestEnergy.
Newly-filed annual accounts at Companies House show that turnover rose by 19 per cent to just over £1.2 billion in the last financial year, which proved a strong foundation for further success throughout 2015.
Employee numbers across offices in London, Glasgow and Ipswich...