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 ...
Posted on: 26/07/2019
Two Years On: Battery Storage and New Opportunitites
A long time ago, following a storage conference in October 2017, I wrote a blog about some of the challenges and opportunities for battery storage. Almost two years on, I’ve taken the time to look back, assess how the world of storage has changed since, and see if we’re still on the right track.
Two years ago, battery storage enjoyed a quite different environment. National Grid was offering attractively priced, bilateral Firm Frequency Response (FFR) contracts, so anyone on the enduring market ...
Posted on: 18/07/2019
Future Energy Scenarios 2019: Reaching Net Zero
After National Grid’s 2019 Future Energy Scenarios Report was published last week, Deputy Vice-President of Marketing, Mike Shirley looks at how the UK can build on the current decarbonisation path and meet the Net Zero 2050 target.
It’s great news that Government have passed legislation to ensure the UK becomes a net zero carbon emitting country by the year 2050. Everyone knows we need to decarbonise, not just in energy but in other sectors too, so it was eye-opening to see that the System...
Posted on: 15/07/2019
SmartestEnergy and the London Green Film Festival: The Benefits of Buying Renewable Power
Following SmartestEnergy’s sponsorship of the London Green Film Festival, taking place at Regent’s Place from 17-26 July, Vice-President of I&C Supply, Dan Smith has assessed how businesses can support independent renewable projects and derive value from direct relationships.
Everyone knows by now that investment in new renewable projects is declining. This year’s Energy Entrepreneurs Report outlined how only 330MW of new independent renewable capacity deployed in the UK in 2018, compared...
Posted on: 05/07/2019
Rising BSUoS and the Flipping Phenomenon
After the latest edition of our Generator Revenue Streams webinar earlier this week, Head of Renewable Sales Chris Smith, and Head of Pricing, Tom Putney have taken a look at the value of BSUoS, the ‘flipping’ phenomenon occurring in Northern Scotland and why the embedded benefit is under threat.
The figures show that the value of Balancing Services Use of System Charge (BSUoS) is increasing. Having held steady at around £2.30/MWh on average from last summer through to the end of September,...
Posted on: 28/06/2019
Project TERRE Facing French Delay
As the UK’s energy market interactions with the continent become ever more complex, Head of Regulatory Affairs, Colin Prestwich, explains the reasons for the delay to Project TERRE which were announced this week.
Project TERRE (Trans-European Replacement Reserves Exchange) proposes to create a Europe-wide balancing market, by allowing generators and demand-side actors to offer reserves to their respective Transmission System Operators (TSO).
TSOs will then be able to trade the TERRE product...
Posted on: 21/06/2019
Certified Renewable 2019
As we undertake our annual electricity product carbon foot-printing exercise with the Carbon Trust, Deputy VP Marketing, Mike Shirley takes a look at why this independently certified renewable electricity product provides customers with a greater degree of transparency and trust.
Having already completed the Q3 2018-19 mid-year audit, we know that we are well on the way to completing the full annual footprint exercise. The Certification process involves the Carbon Trust working with us...
Posted on: 13/06/2019
T-1 Capacity Market Auction Clears At £0.77/kW
After the T-1 Capacity Market (CM) auction cleared at a price of £0.77/kW this week, Head of Markets for Asset Optimisation, Boz Bozhkov outlines the winners and losers from this year’s auction, as well as the reasons why.
Another year and another record low clearing price for the T-1 CM auction. This has been no ordinary auction however, conducted against the backdrop of the Capacity Market suspension following legal action taken by Tempus Energy.
It seems so long ago that the European Court ...
Posted on: 07/06/2019
Cyber Essentials Certified
To celebrate SmartestEnergy’s Cyber Essentials Certification, Vice-President for IT and Change, Sophie Taylor outlines what the accreditation means and how we’re taking steps to improve customer protection.
As of May 2019, we became officially certified under the National Cyber Security Centre’s Cyber Essentials Scheme. This Government backed program sets out standards for our internal processes and data protection to ensure that we are looking after our customer’s important information.