Posted on: 03/10/2019
Power Markets Review: September 2019
Head of Sales Trading, Fanos Shiamishis takes a look at changes across commodity markets throughout September, as well as the drivers behind them.
Beginning with the Winter 19 contract, which expired at the end of September, it closed at £51.85/MWh. This represented a slight rise on September’s opening level of £50.75/MWh. Looking ahead to Summer 20, the contract opened at £48.55/MWh. Of course, this is lower than the winter contract because demand is lower - during the summer...
Posted on: 26/09/2019
Energy Labels 2018/19 Launched!
For the fourth year in succession we are now distributing Energy Labels to our customers, showing both their fuel mix and carbon emissions for the certification period (01 Apr 2018 – 31 Mar 2019). Head of Account Management, Robin Jolly explains the value the Energy Labels provide to customers and why they have become so popular.
The concept of the Energy Label was introduced by the Aldersgate Group in 2014 and we were the first supplier to embrace this initiative. We believe it is important...
Posted on: 19/09/2019
Leveraging Renewable Energy to Become a More Sustainable Business
In this guest blog, freelance renewables and sustainability writer, Sarah Anderson examines why UK enterprises are choosing to future-proof their operations by going green – delving into sustainability best practice and government initiatives.
Over recent months, global disasters have made headline news, such as Hurricane Dorian in the Bahamas, flash flooding in Spain, Sweden, Iran and Morocco, and wildfires in the Amazon Jungle, Siberia and Portugal.
We’re witnessing rising sea...
Posted on: 12/09/2019
Facilitating Decentralised Energy: Who Plays Which Part?
After Ofgem published the sixth instalment of their ‘Future Insight’ series, focusing on the development of Flexibility Platforms in the electricity system, Head of Regulatory Affairs, Colin Prestwich, breaks down the key messages from the paper and outlines just where we are in the transition to decarbonised, decentralised energy.
Regular readers of our blogs will remember that only two weeks ago, we published a post showing how the future energy system would be local, low-carbon and led by...
Posted on: 05/09/2019
Power Markets Review: August 2019
In the first edition of a new monthly blog focused on market prices, Head of Sales Trading, Fanos Shiamishis & Sales Trader for SmartestEnergy, Ben Dods, take at look at changes across commodity markets throughout August, as well as the drivers behind them.
Beginning with the Winter 19 power contract, the price gradually came off over the previous month, losing more than £5/MWh from month open to trade around £51/MWh. Summer and Winter 20 contracts also saw similar declines,...
Posted on: 29/08/2019
Low-Carbon, Local and Led by Data: The Future Energy System
Ahead of Edie’s energy event ‘A smarter, flexible energy system: Where next for the UK’, Head of Strategic Sales, Mike Watts takes a look at the how the energy system is becoming decentralised and where future opportunities lie.
As the UK heads towards the Net Zero target for 2050, National Grid have already said that more needs to be done if that goal is to be reached. Over the years, the Renewables Obligation, Feed-in Tariff and other support schemes such as Electricity Market Reform have...
Posted on: 22/08/2019
CfD Challenges and the Case for Onshore Wind
After the bidding window for Contracts for Difference (CfD) was extended following a legal challenge, Head of Renewable Sales, Chris Smith has assessed the challenges facing onshore wind and whether the technology might yet be able to access the funding.
Onshore wind has not been allowed to compete for CfDs for some time now – in fact you have to go back to the very first round of CfDs awarded in 2015 to find the last time that particular technology was allowed to bid for funding.
Posted on: 15/08/2019
Balancing and Blackouts: How the Changing System is Presenting New Challenges
Following last Friday’s blackout which affected a number of areas across the country, Head of Asset Backed Trading, Simon Kneale takes a look at the changing nature of the issues facing National Grid and their impacts on system cost.
Friday’s event was both unusual and unexpected. In fact, the blackout which hit around rush hour, represented the biggest such power cut in Great Britain (GB) for over a decade.
Caused by the almost simultaneous failures of the 1.2GW Hornsea offshore windfarm and ...
Posted on: 08/08/2019
Guest blog: How to Become a Greener Business
In this guest blog, John Ellmore from Know Your Money assesses the options available to business consumers looking to reduce their environmental impacts and help meet the UK's 2050 Net Zero goal.
The UK may have committed to reach net zero emissions by 2050, but work still needs to be done to reach this target, particularly by businesses.
Businesses consume a significant proportion of all energy in the UK, so this is an area where they can make a considerable impact by not only cutting down...
Posted on: 02/08/2019
Proposed TNUoS Charging Changes: Fixed Vs Capacity
Following our latest Non-Commodity Costs Webinar, Head of Pricing, Tom Putney, takes a look at the proposed changes to Transmission Network Use of System (TNUoS) charging, and what this could mean for business consumers.
It’s old news by now that Triads are reducing in value. Since Ofgem’s reforms back in 2017, the value of the TNUoS embedded benefit for distribution connected generators is reducing year-on-year until 2020. There is still a small value in TNUoS, but it will only be a couple of ...