Energy and Utility Management Consultants

DECC announces Electricity Demand Reduction pilot scheme

July 2014

 

The Department of Energy and Climate Change (DECC) has launched a new £20 million commercial energy efficiency pilot. The Electricity Demand Reduction (EDR) pilot scheme will provide funding for projects capable of supplying at least a 100kW reduction during periods of peak demand. Businesses will be able to bid for a share of a £10 million fund, which will only be available for schemes that would not otherwise be completed, without the money upfront. The scheme is intended to help businesses make savings on their utility costs and also reduce the amount of electricity that needs to be generated at peak times.


Ministerial changes at Department of Energy and Climate Change

The recent cabinet and ministerial reshuffle has seen a number of personnel changes at DECC. Ed Davey retains his position as Secretary of State for Energy and Climate Change, however, Amber Rudd has replaced Greg Barker as Climate Change Minister and Matthew Hancock has taken over from Michael Fallon as Energy Minister. Davey thanked both Barker and Fallon for their “immense contributions” to energy policy, and added that the new ministers would be “an enormous asset” to DECC.


Clifford Talbot recently began managing a half hourly electricity supply, which was being billed on expensive deemed rates. Accordingly, CTP negotiated a supply contract with an alternative supplier as quickly as possible. The outgoing supplier incorrectly raised an objection to the transfer, which resulted in a 12 day delay before the new supplier could register the supply. The outgoing supplier did not have valid grounds for objection, and so CTP raised a complaint. CTP arranged for the outgoing supplier to reimburse the client over £2,500, as compensation for the increased electricity charges that resulted from the objection. A shared savings consultant would have claimed a large portion of this saving, but as CTP work on a fixed fee basis, the full amount went directly to the client.

In order to take advantage of our Energy Procurement expertise, call us today - we'll be more than happy to talk you through the extra services we offer that make Clifford Talbot Partnership different to your average Energy Consultancy, broker or Utility Management Consultant.


Wholesale Market Price Update – 18th July 2014

Wholesale electricity and gas markets continued to fall during early July; however they have rebounded slightly in recent days. Fresh clashes across the Ukraine/Russia border have prompted new fears of war between the two countries and the associated distribution to European gas supplies, which this would be likely to bring. Having said this, however, low demands, strong gas supply levels and falls in oil and coal prices continue to keep any wholesale price increases in check.

http://www.cliffordtalbot.co.uk/energy-prices


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