Posted on: 17/05/2019
Independent Renewable Investment Tops £3bn
After the launch of our 2019 Energy Entrepreneurs Report this week, in the first of a three-part series, Chief Commercial Officer, Dave Cockshott explores the findings for the renewables sector, as well as what the future holds for project developers.
The expansion of the independent renewable energy generation sector over the past seven years has been truly remarkable. Back in 2012, there was only 4.7GW of capacity contributing to Great Britain’s decarbonisation efforts, but now that figure...
Posted on: 10/05/2019
The road to EVolution
Considering the road to ‘EVolution’ in the UK, Michael Watts, Strategic Sales Manager, outlines the importance of a collaborative approach to EV infrastructure development, that brings together the best minds from government, the automotive industry, the energy sector and digital technology firms to achieve results.
At an event hosted this week by RSM in London, EV experts and stakeholders gathered to discuss ‘The road to EVolution’ with views shared by National Grid, the Renewable Energy...
Posted on: 03/05/2019
CfD3: Auction Expectations
Ahead of May’s Contracts for Difference (CfD) auction, Head of Renewable Origination, Rob Luke, takes a look at what we’re expecting from the upcoming event.
Sure, a lot of talk at the moment is about the withdrawal of subsidy support and how generators are facing challenging market conditions. However, we should still be positive in instances where there is support available for renewable generation, as we welcome the CfD auction confirmed for 29th May.
The auction will see 15GW of eligible ...
Posted on: 26/04/2019
Revenue stack pressure drives Generators to actively manage power price revenue and seek longer term certainty from renewable certificates
Given the recent power price drops and the uncertainty with embedded benefits values long-term, Chris Smith, Head of Renewable Sales, explores the key findings from our latest report, ‘The Future Revenue Stack: Driving Value in an Uncertain Future’, which is jam packed with generator insights and forecasts from our Trading and Asset Optimisation teams.
The challenges facing generators in the years ahead was summed succinctly by one of leading generators at a roundtable we ran recently, when...
Posted on: 18/04/2019
The Subsidy Free Landscape: Post-FiT PPAs
Following the closure of the Feed-in Tariff (FiT) Scheme this March, Head of Renewable Sales, Chris Smith assesses what’s next for generators and how the PPA landscape will look moving forwards.
The growth in UK renewable generation has clearly been a success story, supporting significant reductions in carbon emissions. However, the first of a number of industry changes which will impact existing generation sites - as well as new build projects – came into effect recently.
Namely, this was
Posted on: 12/04/2019
The Future of Regulation: How to Move Forwards
Ofgem’s performance has come under scrutiny on a number of occasions over the last decade. In this blog, Head of Regulatory Affairs, Colin Prestwich assesses the latest consultation regarding the energy regulator’s performance and what positive changes could come out of a shake-up.
In February this year, the National Infrastructure Commission (NIC) launched a Call for Evidence (CfE) on the performance of regulators across energy, water and telecoms as part of their wider Future of Regulation...
Posted on: 05/04/2019
2019 Summer Outlook: Meeting The Challenges
After the System Operator published its Summer Outlook, it is clear that summer demand can be met. In this blog, Head of Marketing, Mike Shirley looks at the issues facing National Grid this summer, and what market participants can do to meet the needs of the grid.
In the first Summer Outlook since the Electricity System Operator (ESO) was spun off from the Transmission Owner, peak electricity demand for this summer has been estimated at 33.7GW, a reduction of 200MW on last year’s peak summer...
Posted on: 28/03/2019
2018/19 Triads Confirmed, So What Next?
Earlier this week, National Grid published the confirmed Winter 2018/19 Triad periods. In this blog, Business Development Manager for Asset Optimisation, Lisa Bunting, looks at the savings businesses would have made from reducing their consumption during these peak periods and how they can take the next steps to make the most of their flexibility.
Triads are the three highest half hourly periods of demand usually between 4pm-7pm throughout November to February. These three half hourly periods...
Posted on: 21/03/2019
Blockchain in Energy - Explanations and Applications
SmartestEnergy’s parent company, Marubeni has recently partnered with US technology firm LO3 Energy in order to develop blockchain solutions applicable to the energy market. In this blog, Michael Watts, Strategic Sales Manager for Industrial and Commercial Supply, explores what blockchain solutions are all about, as well as their relevance in the UK energy market both today and in the future.
What is blockchain?
The term ‘blockchain’ is used so often at the moment, that it’s become a buzzword ...
Posted on: 14/03/2019
Generator Revenue Streams: Looking Ahead
Both market fluctuations and regulatory change continue to impact generator incomes. In this blog, Head of Renewable Sales, Chris Smith outlines SmartestEnergy’s forecasts for generator revenue streams and explains the changes in selling strategies we are seeing from Generators.
1-Year View of Market PPA
The last 12 months have been noticeably volatile in the market, with prices £7-£10/MWh higher than 12 months ago for both Summer and Winter 19 contracts.
The Winter 19 contract started...