Supplier Performance and the Smicop Domestic Monitoring and Compliance Survey Report: Results for Smart Meter Installations Occu
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Jeremycorbyn Nicolasturgeon Joswinson Nigelfarage
N o. 7 9 T H E M A G A Z I N E BUSINESS WITH PERSONALITY N OV 1 9 TRAVEL The hammams that define LIVING Marrakech’s world-famous spa scene Is your home making you ill? Meet FOOD & BOOZE the hypoallergenic housebuilders Rapper and YouTube star MY DAD WROTE A PORNO’S ALICE LEVINE Michael Dapaah Top chef James Lowe invites podcaster and DJ Alice for lunch at his new restaurant Flor on why he’d order a gold steak STARS & RACING STRIPES THE MAGAZINE OUR for his last meal LATEST ISSUE HITS WHY FORMULA ONE NEEDS THE CITY’S STREETS AMERICAN SUCCESS P26 THIS THURSDAY WEDNESDAY 30 OCTOBER 2019 ISSUE 3,489 CITYAM.COM FREE voteactually MERRY CHRISTMAS FROM WESTMINSTER — ELECTION ON 12 DECEMBER JeremyCorbyn BorisJohnson NigelFarage NicolaSturgeon JoSwinson CarolineLucas CATHERINE NEILAN that is “ready to be approved by a new about the prospect of an imminent solid lead. second referendum on the terms. parliament”. showdown, with Labour MPs thought The election may act as a proxy for Last night Corbyn said: “A Labour @CatNeilan “There is only one way to get Brexit to be particularly nervous. Some 11 of a second referendum, with Johnson government will be on your side; PARLIAMENT finally gave the go- done in the face of relentless parlia- the 20 that voted against the election hoping to secure a majority that will while Boris Johnson’s Conservatives, ahead for a General Election last mentary obstructionism… and that is were Labour MPs while more than allow him to ratify his deal early in who think they’re born to rule, will night, set for 12 December. -
Title of Meeting: Cabinet
Title of meeting: Cabinet Date of meeting: 10th August 2018 Subject: Victory Energy Supply Limited - Expert Review of Business Case Report by: Director of Finance & Information Technology (Section 151 Officer) Wards affected: All Key decision: Yes Full Council decision: No 1. Executive Summary 1.1 Victory Energy was established primarily to generate substantial income for the Council to support the sustainability of Council services into the future. It had the added objectives of reducing fuel poverty for residents, reducing carbon impact and providing competitively priced energy to business. 1.2 The products to be offered by Victory Energy include energy supply to domestic and business users, home energy assessments aimed at reducing consumption, Smart thermostats and connected devices, heating systems installations, servicing and repair and solar PV panels including home battery storage and electric vehicle charging points. A significant development through the "build out" of Victory Energy has been to secure an energy trading partner who can provide 100% renewable energy at market leading costs. 1.3 There is a strong financial case for continuing the Council's investment into Victory Energy Supply Limited (VESL) but, as with any commercial opportunity, it is not without risk. If the Council is to continue its investment, it should do so in a measured way ensuring strong governance and oversight and on the basis of the annual approval of the Company's 3 year rolling Business Plan. This is consistent with the advice received from the first Independent Expert Review (undertaken by Baringa) which stated that: "We would also expect any investor to put in place a stage-gate governance process based on achieving certain operational, customer number and margin targets to determine the release of additional capital…" 1.4 To date, the Council has spent £1.5m of the £8.1m investment required1 before the Company is expected to turn to profit in Year 3. -
Cases from Electricity Utilities in Great Britain
Article The Relationship of Organisational Value Frames with the Configuration of Alliance Portfolios: Cases from Electricity Utilities in Great Britain Tulin Dzhengiz Innovation Management Policy Division, Alliance Manchester Business School, University of Manchester, Booth Street East, Manchester M13 9SS, United Kingdom; [email protected] Received: 6 September 2018; Accepted: 22 November 2018; Published: 27 November 2018 Abstract: Increasing concerns over global and local sustainability issues motivate businesses to develop solutions via collaborative partnerships. While many studies explain the contributions of sustainable alliances to economic, environmental, and social sustainability, less is known about how a portfolio of these alliances is configured. This study aims to answer this question by examining the relationship between organisational value frames and alliance portfolio configurations of 16 utility companies in the electricity industry of Great Britain. The study finds that organisational value frames play a key role in the selection of alliance partners and hence the configuration of alliance portfolios. The results demonstrate that British electricity utilities often collaborate with cognitively similar organisations. The results demonstrate that cognitive homophily is common in selecting partners to tackle sustainability issues. While previous studies demonstrated homophily in partner selection as resource homophily or status homophily, in the sustainability context, this study shows that homophily is also about values that guide interpretations of sustainability issues. Keywords: organisational cognition; organisational value frames; sustainability; sustainable collaboration; sustainable alliance portfolio; configuration of alliance portfolios; electric utilities 1. Introduction The systemic, complex, and technical nature of sustainability problems motivates businesses to form various collaborative arrangements that address different sustainability issues [1–6]. -
Monitoring Social Obligations – Q4 2018 Data Report
Monitoring company performance – quarterly reporting Ofgem monitors the performance of domestic suppliers in relation to debt, disconnection, prepayment meters and help for customers in vulnerable positions. Information is collected from suppliers on a quarterly and annual basis and the data received is set out in the tables that follow and published on the Ofgem website. The published data should be read in conjunction with the accompanying guidance notes which contains definitions on the data collected. The guidance is available on the Ofgem website at the link below: Social Obligations Reporting Guidance Notes You may notice that a data field is left blank. This indicates that the supplier was unable to provide the required data for that specific reporting period. For the reconnections table, suppliers will only be shown if they have disconnected customers in the relevant reporting period. Please note that data from the following suppliers has been excluded from the report because their return data was not available: economyenergy - Electricity economyenergy - Gas Our Power - Electricity Our Power - Gas Payment Methods December 2018 Quarterly Budgeting Monthly Prepayment Electricity cash / Fuel Direct payment Other Total direct debit meter cheque schemes Affect Energy 95.7% 0.0% 0.0% 0.0% 0.0% 4.3% 100.0% Avid Energy 0.0% 98.6% 1.4% 0.0% 0.0% 0.0% 100.0% Avro Energy 100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% Axis Telecom 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% Breeze Energy Supply Ltd 100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% Brilliant Energy -
A Brief History of the GB Energy B2C Retail Market – 'The Disruption Of
22nd Edition November 2020 World Energy Markets Observatory A brief history of the GB energy B2C retail market – ‘the disruption of incumbents’ Over the last 15 years, the GB energy retail market has changed significantly. A look back to 2005 shows 12 suppliers, with the ‘Big 6’ incumbent energy retailers – EDF Energy, British Gas, SSE, Scottish Power, npower (RWE) and E.ON having a market share of effectively 100% of the 30 million customers in the UK.1 Only 15 years later, the market in 2020 looks dramatically million in gas.3 Of these, 22% were customers switching away different - with over 50 suppliers, and the market share of the from the six largest suppliers.4 legacy incumbents’ being reduced to circa 70%. Moreover, suppliers previously thought of as “challengers” or “small Not every new entrant or challenger that has entered the suppliers” have made large acquisitions and/or grown market has been successful. In particular, in 2018 we witnessed significantly. The market is now dominated by Ovo Energy, 14 exits from the market, with Ofgem, the energy regulator, EDF, British Gas, Scottish Power and E.ON. needing to use supply of last resort arrangements for over one million customers.5 Further, a series of acquisitions from Figure 1 provides a chronicle (2005 to 2020) of how the market Octopus Energy (including ENGIE, Co-Operative Energy, structure has changed and how the UK energy retail market Affect Energy and Iresa Energy) have seen their customer base has become one of the most competitive in Europe. The increase to over one million in less than five years. -
Preliminary Results
Preliminary Results 12 Months Ended 31 December 2014 24 February 2015 Group Structure Biomass Generation Retail Self-supply Markets and Trading Fuel Drax Group plc 2 Agenda Business Review Dorothy Thompson Chief Executive 2014 Financial Review Tony Quinlan Finance Director Biomass Update Dorothy Thompson Drax Group plc 3 2014 Overview Dorothy Thompson – Chief Executive Drax Power EBITDA Good operations Significant regulatory headwinds £229m Major deterioration in commodity markets Underlying Earnings Per Share Haven Power Strong sales growth 23.7p Drax Biomass Total Dividends Commercial operations commence shortly 11.9p/share (£48m) Drax Group plc 4 Safety and Sustainability Safety Safety Performance 0.6 Maintaining good safety performance 2014 Global Coal Power Plant First Quartile TRIR – Solomons LLC 0.5 • > 65% increase in hours worked since 2012 0.4 Sustainability 0.3 All Drax biomass procured against robust 0.2 industry leading sustainability policy 0.1 • Fully compliant in 2014 0 2010 2011 2012 2013 2014 • Delivering > 80% carbon lifecycle savings vs. coal Group TRIR Group LTIR • Thorough PWC independent audit process TRIR = total recordable injury rate, LTIR = lost time injury rate DECC working towards October 2015 mandatory standards Sustainable Biomass Partnership GHG(1) Life Cycle Emissions vs. Fossil Fuels • Industry sustainability standard to be launched Drax GHG Target March 2015 Biomass Gas(3) Coal(4) 2015-2020(2) in 2014 34g 79g 193g 280g CO2/MJ CO2/MJ CO2/MJ CO2/MJ (1) GHG = Green House Gas (2) DECC proposed target (includes -
Advanced Higher Business Management Specimen
National Qualications SPECIMEN ONLY AHS810/77/11 Business Management Case Study Date — Not applicable Duration — 2 hours 45 minutes It is recommended that you spend 15 minutes reading the information provided before responding to the questions. You will find the questions in the question paper S810/77/21. © *S8107711* SSE plc Background SSE plc (formerly Scottish and Southern Energy plc) is a Scottish energy company headquartered in Perth, Scotland. Since 2013, Alistair Phillips-Davies has been the company’s Chief Executive who is responsible for strategic planning and the overall direction of SSE plc. SSE plc is involved primarily in producing, distributing and supplying electricity and gas to households located in the United Kingdom (UK) and Ireland. Its subsidiaries are organised into the main business areas of: generation, transmission, distribution and supply of electricity; storage and supply of gas; electrical and utility contracting; and domestic appliance retailing and telecoms. It is considered as one of the ‘Big 6’ companies which dominate the UK’s energy market, together with British Gas, EDF Energy, E.ON, Npower and Scottish Power. The energy sector is undergoing significant change, and this case study is limited to events prior to 31 March 2018. (Exhibit 1 gives an overview of the background and role of SSE plc’s Chief Executive.) Corporate affairs Living wage In 2016 the UK government implemented the National Living Wage. Before then, in 2013, SSE plc was officially accredited with being the largest voluntary living wage employer in the UK. Fair Tax Mark In 2014, SSE plc became the first FTSE 100 company to be awarded the Fair Tax Mark. -
Matched Funding Letter
Matched Funding We are keen to maximise the fundraising potential for our school and Matched Funding has the ability to increase the takings of school events many times over. How? An increasing number of large companies operate a match funding scheme whereby they “match” charity fundraising undertaken by their employees. These organisations set aside millions of pounds to fund such schemes and are more than happy to support their staff in raising money for charities of their choice. There are many ways you can participate to enable the school to benefit from matched funding. For example, one parent at the summer fair successfully claimed £350 match funding from her employer after helping on the tombola stall for one hour. What can you do? As the PTA is a registered charity we are in a position to benefit from your involvement, however big or small, at any fundraising school event. Your participation might be, for example, managing a stall or helping with the raffle. Both qualify as assisting with fundraising. Contact us! If your company offers matched funding, please get in touch with us on [email protected] Do you work for any of the companies below? We know that the following companies match fund: ● Aviva ● Bank of America ● Barclays Bank ● Benfield Group ● BP ● British Telecom ● British Gas ● Camelot ● Costcutter ● Co-op ● Deloitte ● Diageo ● Ernst and Young Experian ● HSBC ● Ipsos Mori ● JP Morgan Chase ● Kingfisher PLC ● Legal and General ● Lloyds TSB / HBOS ● Microsoft ● Northern Rock ● 02 ● PWC ● RBS Group ● Royal Dutch Shell ● RWE ● nPower ● Santander ● Schroders ● Sky ● Tarmac ● Tesco ● Texaco ● UBS ● Unilever ● Yorkshire Bank ● Whitbread If you are aware of another company, please do get in touch! . -
Establishing Public-Private Joint Ventures and Partnerships for Investment in and Delivery of Energy Schemes
Establishing public-private Joint Ventures and partnerships for investment in and delivery of energy schemes 1 Contents Acknowledgements ........................................................................................................................................ 3 Glossary........................................................................................................................................................... 4 Abstract ........................................................................................................................................................... 5 Purpose ........................................................................................................................................................... 6 Introduction .................................................................................................................................................... 7 Local authorities’ opportunity to engage in the energy transition ................................................................. 9 National policy context and benefits of municipal entrepreneurism ......................................................... 9 Systemic shift and emerging energy market opportunities .....................................................................10 Joint Venture case study – Blueprint ........................................................................................................11 What is a Joint Venture and how does it differ to other partnership approaches? .....................................12 -
Industry Background
Appendix 2.2: Industry background Contents Page Introduction ................................................................................................................ 1 Evolution of major market participants ....................................................................... 1 The Six Large Energy Firms ....................................................................................... 3 Gas producers other than Centrica .......................................................................... 35 Mid-tier independent generator company profiles .................................................... 35 The mid-tier energy suppliers ................................................................................... 40 Introduction 1. This appendix contains information about the following participants in the energy market in Great Britain (GB): (a) The Six Large Energy Firms – Centrica, EDF Energy, E.ON, RWE, Scottish Power (Iberdrola), and SSE. (b) The mid-tier electricity generators – Drax, ENGIE (formerly GDF Suez), Intergen and ESB International. (c) The mid-tier energy suppliers – Co-operative (Co-op) Energy, First Utility, Ovo Energy and Utility Warehouse. Evolution of major market participants 2. Below is a chart showing the development of retail supply businesses of the Six Large Energy Firms: A2.2-1 Figure 1: Development of the UK retail supply businesses of the Six Large Energy Firms Pre-liberalisation Liberalisation 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 -
UK Energy Management Systems (EMS) Market Landscape Sample Deliverable
UK Energy Management Systems (EMS) Market Landscape Sample Deliverable © 2018 RocSearch. All Rights Reserved. 1 Table of Contents ▪ Executive Summary 02-07 ▪ Market Definition and Value Chain 08-10 ▪ Market Size and Growth Outlook 11-13 ▪ Growth Drivers and Inhibitors 14-16 ▪ Market Trends and Their Impact 17-20 ▪ Key Energy Regulations 21-23 ▪ Competitive Landscape 24-31 ▪ Mergers and Acquisitions 32-37 ▪ Investment-worthy Opportunities 38-53 ▪ Appendix 54-60 © 2018 RocSearch. All Rights Reserved. Executive Summary (1/5) UK Energy Management Systems Market Study Energy Management Systems have a wide array of end-users from households to power generation companies, creating a c. £XXbn market that is expected grow at XX% for the next 5 years 1) Energy Management Systems Market Definition 1.1) Application Areas ▪ The Energy Management Systems’ market in the UK includes: • Products and Devices that connect to all electric equipment (HVAC, Lighting, IT Infrastructure etc.) within a residential or commercial establishment to gather and monitor energy consumption data • Software and Related Service that provide Energy Data Services, Advanced Data Analysis, Invoice Management, Emissions Forecasting, Bill Validation, Predictive Maintenance, Energy Usage Reporting, Asset Tracking, etc. • Professional Services include Energy Surveys, Energy Performance Inspections, Reporting, Training, Audit and Certification, etc. ▪ These solutions find wide application across the entire energy lifecycle from power generation to distribution to final consumption -
Energy in the UK 2018
13/09/2018 09:45 13/09/2018 1 v2.indd 2018 UK the in 36355_EUK_Energy 2018 Energy in the UK the in Energy The voice of the energy industry energy the of voice The 36355_EUK_Energy in the UK 2018_LR2.job 09/13/2018 09:58:42 1-A $[color] $[color] B - 1 09:58:42 09/13/2018 2018_LR2.job UK the in 36355_EUK_Energy Contents Foreword 4 From the Climate Change Act to 16 The Energy Overview 6 EMR, Transforming UK Generation Employment within Energy 7 - The Climate Change Act Sets the Scene 16 The Heart of the UK Economy 8 - Investment in Renewables 17 People of UK Energy 10 - Renewable Generation across 19 - Skills 12 the UK -Young Energy Professionals (YEP) 13 - Delivering Security of Supply 22 - Equality and Diversity in Energy 14 - Further Steps Away From Coal 23 - Pride in Energy 15 - Air Quality and Environmental 25 Protection 2 3 36355_EUK_Energy in the UK 2018 v2.indd 2 13/09/2018 09:45 $[color] A - 2 09:58:42 09/13/2018 2018_LR2.job UK the in 36355_EUK_Energy Now and Tomorrow, Building the Future 27 A Changing Retail Market 36 for Customers - Engaging with Customers 36 - Integrating Renewable Generation in the 27 - The Smart Meter Revolution 38 System and the Need for Flexibility - Supporting Customers in 39 - Decarbonisation at Customers’ Level 30 Vulnerable Circumstances - Improving Efficiency in Energy 30 - The Challenge of Heat 31 Energy UK Members 42 - Decarbonising UK Transport 32 2 3 36355_EUK_Energy in the UK 2018 v2.indd 3 13/09/2018 09:45 $[color] B - 2 09:58:42 09/13/2018 2018_LR2.job UK the in 36355_EUK_Energy Foreword Last year I wrote about how the energy We will also be feeding into the Five Year system was changing.