Changing Actor Dynamics and Emerging Value Propositions in the UK Electricity Retail Market January 2019
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Powering Ahead! Making Sense of Business Models in Electric Vehicle Charging
Powering ahead! Making sense of business models in electric vehicle charging October 2018 In association with Contents Acknowledgements 1 Foreword from Energy UK 2 Setting the scene 4 Our approach 5 Key findings 6 How the charging market stacks up 11 Where does charging take place and 14 how does it work? Bringing your business model to life 26 Deep dive on business models 28 What should you do next? 33 Strategy& is PwC’s global strategy consulting team. We help you transform your business by creating strategy that starts with your greatest strengths and builds in execution at every step. We call this strategy that works, and it delivers immediate impact and lasting value for you. As part of the PwC network, we combine 100 years of strategy consulting experience with PwC’s deep industry and functional capabilities. PwC has more than 250,000 people in 158 countries committed to delivering quality in assurance, tax, and advisory services. Acknowledgements To research and fully understand the constantly evolving landscape that is the electric vehicle charging market, we had the good fortune to speak to a number of companies and individuals who are at the very heart of this transformation. We would like to thank everyone who contributed to the report for their insights and time. Addison Lee – Andrew Wescott and Justin Patterson Chargemaster – Tom Callow Ecotricity – Mark Meyrick EDF Energy – Roy Collins ELEXON – Kevin Spencer Elsden Consultants – Miles Elsden Energy UK – Sam Hollister InstaVolt – Tim Payne National Grid – Graeme Cooper and Thomas Maidonis Ovo Energy – Tom Packenham Pivot Power – Matt Allen Pod Point – James McKemey ScottishPower – Malcom Paterson Tesla Western Power Distribution – Ben Godfrey Powering ahead! Making sense of business models in electric vehicle charging 1 Foreword from Energy UK Lawrence Slade Chief Executive I am delighted to work with PwC to bring their insight to investigating the market dynamics of The EV revolution is already upon us. -
Supplier Performance and the Smicop Domestic Monitoring and Compliance Survey Report: Results for Smart Meter Installations Occu
Supplier Performance and the SMICoP Domestic Monitoring and Compliance Survey Report: Results for Smart Meter Installations occurring from October to December 2019 Published 30 June 2020 Page 1 of 26 30 Jun 2020 Summary The Smart Meter Installation Code of Practice (SMICoP) is a set of rules that energy suppliers must follow when installing smart meters in homes and smaller businesses. To make sure these standards have been met by the energy suppliers, a sample of customers are asked about their experiences when their smart meter was installed. These surveys are carried out by independent survey organisations on behalf of energy suppliers. More information regarding the methodology can be found within the Annex A of this report. The Monitoring and Compliance Customer Survey (MCCS) report was established to show if energy suppliers have met their obligations and responsibilities set out in the SMICoP rules. This report provides a summary of the answer’s customers gave about what happened when a smart meter was installed in their home. Some of the questions within the report show how your energy supplier is performing when installing smart meters in homes compared to other suppliers. Some of the questions within the report do not demonstrate the performance of an energy supplier if looked at on their own. For the questions that don’t indicate a better or worse performance, that are intended to help qualify1 a subsequent question, the information is presented listed by supplier in alphabetical order in black shaded tables and figures. Where suppliers’ performance is ranked highest to lowest, these are shown in blue shaded tables and figures. -
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. -
Your Guide to Going Green
YOUR GUIDE TO GOING GREEN An Energy Toolkit for Hospitality In partnership with Ecotricity Sustainable Restaurant Association What’s Purpose 3 Understanding the energy market 4 inside Tariffs 4 Other terms 5 Process 7 this Price 10 People 11 Five actions you can take 12 guide References 13 Carbon Emissions = Climate Change 2 Your Guide to Going Green Linking energy more closely to the food, service and Electricity and gas: all foodservice businesses use one, if not both, to store and cook food, ventilate and light their space. Energy use accounts for 4-6% of daily operating costs for the average food service business, space while constituting a significant environmental impact too. A 20% reduction in energy use can represent the same benefit as a 5% increase in sales. This toolkit aims to help you build an energy policy that drives down the carbon footprint of your business and give you the lowdown on green energy to support you in making the switch. Energy is everywhere in your business, On an annual basis the from the embedded energy required to produce food to the running of fridges, British hospitality in- stoves and gas rings, lighting, ventilation, dustry produces more and even the fuel from the truck that carbon emissions than comes to empty the bins. This energy the entire country of leaves a carbon footprint, contributing to Costa Rica. global emissions, bit by bit. On an annual basis, the British hospitality industry produces more carbon emissions than Costa Rica. Burning fossil fuels such as coal and natural gas has provided much of humanity’s energy needs since the Industrial Revolution, but that’s changing in a big way. -
Smart Consumers in the Internet of Energy: Flexibility Markets & Services from Distributed Energy Resources 1/82
Monica Giulietti Chloé Le Coq Bert Willems Karim Anaya CERRE 2019 | Smart Consumers in the Internet of Energy: Flexibility Markets & Services from Distributed Energy Resources 1/82 The project, within the framework of which this report has been prepared, has received the support and/or input of the following organisations: Enel and Microsoft. As provided for in CERRE's by-laws and in the procedural rules from its “Transparency & Independence Policy”, this report has been prepared in strict academic independence. At all times during the development process, the research’s authors, the Joint Academic Directors and the Director General remain the sole decision-makers concerning all content in the report. The views expressed in this CERRE report are attributable only to the authors in a personal capacity and not to any institution with which they are associated. In addition, they do not necessarily correspond either to those of CERRE, or to any sponsor or to members of CERRE. © Copyright 2019, Centre on Regulation in Europe (CERRE) [email protected] www.cerre.eu CERRE 2019 | Smart Consumers in the Internet of Energy: Flexibility Markets & Services from Distributed Energy Resources 2/84 Table of contents Table of contents .............................................................................................................. 3 Table of Figures ................................................................................................................ 4 Acknowledgements ......................................................................................................... -
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 -
Energy White Paper: Powering Our Net Zero Future
Introduction ENERGY WHITE PAPER Powering our Net Zero Future December 2020 | CP 337 1 Energy White Paper The Energy White Paper Powering our Net Zero Future Presented to Parliament by the Secretary of State for Business, Energy and Industrial Strategy by Command of Her Majesty December 2020 CP 337 © Queen’s Printer and Controller of HMSO 2020 This publication is licensed under the terms of the Open government Licence v3.0 except where otherwise stated. To view this licence, visit: nationalarchives.gov.uk/doc/open-government-licence/ version/3 Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available on our website at: www.gov.uk/beis Any enquiries regarding this publication should be sent to us at: [email protected] ISBN 978-1-5286-2219-6 CCS0220144090 12/20 Printed on paper containing 75% recycled fibre content minimum Printed in the UK by the APS Group on behalf of the Controller of Her Majesty’s Stationery Office Introduction Contents Foreword 02 Introduction to the Energy White Paper 04 CHAPTER 1 | Consumers 18 CHAPTER 2 | Power 38 BEIS modelling 60 CHAPTER 3 | Energy system 64 Transport 88 CHAPTER 4 | Buildings 96 CHAPTER 5 | Industrial energy 118 CHAPTER 6 | Oil and gas 132 Glossary 148 References 156 Energy White Paper ENERGY WHITE PAPER Ministerial foreword The government presents this white paper at a time of unprecedented Tackling climate change will require peacetime challenge to our country. decisive global action and significant investment and innovation by the public Coronavirus has taken a heavy toll and private sectors, creating whole new on our society and on our economy. -
View Members of the Access and Forward Looking Task Forces Here
Organisation Name Email address Task Force Stakeholder Group Forward-Looking Citizens Advice Andy Pace [email protected] Consumer representatives charges Energy Intensive Users Forward-Looking Jeremy Nicholson [email protected] Consumer representatives Group charges Forward-Looking Energy Local Mary Gillie [email protected] Local energy groups charges Forward-Looking Centrica Tim Collins [email protected] Large generators and suppliers charges Forward-Looking Npower (supplier) Daniel Hickman [email protected] Large generators and suppliers charges Scottish Power Energy Forward-Looking Joe Dunn [email protected] Large generators and suppliers Management charges Forward-Looking SSE plc John Tindal [email protected] Large generators and suppliers charges Forward-Looking Good Energy Tom Steward [email protected] Small suppliers charges Forward-Looking BUUK (IDNO) Michael Harding [email protected] Network companies charges Electricity North West Forward-Looking Chris Barker [email protected] Network companies Limited charges Forward-Looking National Grid Louise Schmitz [email protected] Network companies charges Forward-Looking Northern Powergrid Andrew Enzor [email protected] Network companies charges Scottish and Southern Forward-Looking Nigel Bessant [email protected] Network companies Electricity Networks charges Forward-Looking UK Power Networks Chris Ong [email protected] Network companies charges Association for -
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. -
Utility 2050 Regulation, Investment and Innovation in a Rapid Energy Transition
UTILITY 2050 REGULATION, INVESTMENT AND INNOVATION IN A RAPID ENERGY TRANSITION MARCH 2021 UTILITY 2050 - REGULATION, INVESTMENT AND INNOVATION IN A RAPID ENERGY TRANSITION THE UK’S NET-ZERO EMISSIONS BY 2050 TARGET BECAME LAW IN 2019 • WE KNOW THAT ACHIEVING IT WILL REQUIRE FAR-REACHING AND DISRUPTIVE CHANGE ACROSS MANY DIFFERENT SECTORS. • A KEY ELEMENT OF SUCCESS IS A VIRTUALLY CARBON FREE POWER SECTOR. • HOW WILL THIS AFFECT ENERGY UTILITIES? • WHAT NEEDS TO CHANGE FOR A DECARBONISED POWER SECTOR TO THRIVE? 2 UTILITY 2050 - REGULATION, INVESTMENT AND INNOVATION IN A RAPID ENERGY TRANSITION THE UTILITY 2050 PROJECT WAS A PARTNERSHIP OF ENERGY INDUSTRY PROFESSIONALS, FINANCIERS AND ACADEMICS WITH A SHARED OBJECTIVE TO EXPLORE WHAT NET ZERO COULD MEAN FOR THE ENERGY SECTOR. We found that there are growing The energy sector has an ‘innovation dilemma’: pressures in the retail and wholesale It is challenging to plan for and regulate the DECISIONS WITHIN THIS DILEMMA FALL INTO THREE BROAD markets caused by the net-zero energy market even 2-5 years ahead. Equally, CATEGORIES: energy transition. there is a pressing need to make decisions, in the face of deep uncertainties, which are (1) Enabling innovation whilst protecting These need a deeper rethink of the business commensurate with hitting the 2050 consumers in the retail market; models that make up the energy market and net-zero target. the regulation which supports them. (2) Evolving the business model for large generators; and (3) Balancing the contributions of retail Please cite this report as: Author affliations, titles and links and wholesale innovation. Hall, S., Cole, D., Workman, M., Hardy, J., Mazur, C., Anable, J., (2021) Utility 2050 – Regulation, investment and innovation in a rapid energy transition, Atkins, London Available at: .