Posted on: 23/03/2017
High price secured for DSR in Transitional Arrangements auction
The TA auction has cleared in round 6 with a price of £45/kW, securing c300MW of turn-down DSR capacity for 2017/18. SmartestEnergy has secured 40MW of capacity, which is around double the amount achieved in the prior auction.
We had positive price expectations going into the auction but this is far higher than predicted. We believe this is because there was significant drop out of capacity from pre-qualified levels against an unadjusted target. It does reflect the level of prices needed to...
Posted on: 21/03/2017
SmartestEnergy calls for greater support and long-term certainty for innovative flexibility
The UK is not doing enough to develop Demand Side Response (DSR), a key technology in creating a cost-effective, low-carbon energy system, according to electricity supplier and flexibility aggregator SmartestEnergy.
The company called for a complete overhaul of the market to ensure the energy system took full advantage of new technologies, and it warned that growth of DSR could suffer further when it has to compete against fossil fuel power stations in the Capacity Market going forward....
Posted on: 27/01/2017
DSR gives nearly 10,000 businesses opportunity to cut electricity bills by £20,000
Flexible power consumption gives companies opportunity to avoid peak prices and make money from capacity market and energy trading.
Nearly 10,000 UK businesses have the potential to save £20,000 or more each year by helping the National Grid balance supply and demand, SmartestEnergy said today as it prepares to bid to provide 100MW of “demand side response” (DSR) capacity next winter.
Businesses which can identify flexibility in their energy consumption can make money from the Grid by providing...
Posted on: 27/01/2017
SmartestEnergy wins Edie Sustainable Leaders award
Last night SmartestEnergy won the Edie Sustainability Leaders Award for Product Innovation for our renewable electricity products and Energy Labels!
The Edie Sustainability Product Innovation award recognises our efforts to provide businesses with transparency around renewable electricity and carbon reporting.
It also recognises our achievement of launching the UK’s first Energy Labels, specifying the source and carbon content of the electricity customers buy.
The judges commented:...
Posted on: 19/01/2017
UK’s first certified 100% renewable electricity product launched for sustainable businesses
Product gives businesses confidence to report zero carbon emissions from electricity supply
SmartestEnergy this week launches the UK’s first 100% renewable electricity product with independent certification, from sustainability experts the Carbon Trust.
As growing numbers of businesses sign up to initiatives like RE100 and commit to switching to renewable power, SmartestEnergy’s product gives customers confidence that they can report zero carbon emissions for their purchased electricity supply...
Posted on: 21/11/2016
More industry recognition for our Energy Labels
After being shortlisted for several awards over the summer, our renewable products and Energy Label are again up for more industry accolades. Head of Marketing Mike Shirley discusses how our products are continuing to gain momentum.
2016 has been a great year for renewables, with some of the world’s biggest brands committing to power their operations with clean electricity.
Apple, Walmart and Starbucks have recently committed to renewable electricity, joining the likes of Ikea, Aviva, Land...
Posted on: 26/09/2016
SmartestEnergy issues 500 Energy Labels to renewable business customers
SmartestEnergy will today issue 500 companies with the UK’s first Energy Labels specifying the source and carbon content of the clean electricity they buy, in a move designed to boost the renewables industry and provide increased confidence to business consumers.
Construction products multinational Saint-Gobain UK, sustainable building company Willmott Dixon and education provider University of London are among the businesses which will receive labels tracing every megawatt they use to its...
Posted on: 21/09/2016
SmartestEnergy shortlisted for 'Innovation of the Year' at The Energy Awards 2016
SmartestEnergy has been shortlisted for the Innovation of the Year - Processes and Projects at the Energy Awards 2016, for clarity when Purchasing Renewables.
The finalists for the Energy Awards have now been announced. This prestigious event is well respected in the industry, celebrating excellence for the intelligent use of energy.
This year, the Energy Awards saw a significant increase in entries from a broad range of sectors. The awards cover every aspect of the energy industry, from...
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 awarded...
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...