Nick Johansen

☀️ Reduce Before You Produce: Empower Your Business with Commercial Solar 💼 At Renewable Energy Matters, we're revolutionizing the way Scottish businesses approach energy sustainability with our commercial solar solutions. Here's why your business needs to make the switch: 🔆 Tailored Solutions: Our team specializes in designing and installing bespoke commercial solar panel systems for businesses across various sectors, ensuring optimal energy efficiency and cost savings. 🌱 Sustainability & Savings: By harnessing the power of solar energy, you not only reduce your carbon footprint but also take control of your energy costs, generating clean, free energy onsite to power your operations. 💰 Financial Independence: Say goodbye to unpredictable energy prices and utility costs. With commercial solar panels, you become your own electricity provider, stabilising energy costs for decades to come and making more accurate financial projections. 🔌 Consistent Energy Supply: Ensure uninterrupted business operations with our commercial solar installations, combined with battery storage for energy independence and resilience against power outages. 🌟 Brand Differentiation: Stand out from the competition and attract environmentally conscious customers by showcasing your commitment to sustainability through commercial solar PV systems. 🤝 Corporate Social Responsibility: Demonstrate your dedication to social and environmental responsibility, fostering partnerships with like-minded businesses and enhancing employee satisfaction. Ready to take the first step towards a sustainable and cost-effective energy future for your business? Contact us today to learn more about our commercial solar solutions! #CommercialSolar #RenewableEnergy #Sustainability #SolarPower #EnergyIndependence #ScottishBusinesses

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Morning Briefing 25/06/2024 Day ahead (DA)/Intraday   ·Demand is currently at approx. 27.4GW and due to peak this evening at 28.7GW. ·DA markets auctioned between £60 - £115 yesterday for today. ·Baseload auctioned at @ £82.11 in the 1hr and £82.21 in the 30min auction. ·Wind generation is currently at 1.3GW and due to climb to 3.3GW this evening and then climb to over 11GW tomorrow evening. Solar is due to peak at 8.9GW at midday. ·Current intraday power price at time of writing was £94.59/MWh with gas providing 36.0%/10.43GW, wind providing 4.2%/1.21GW, solar providing 10.1%/2.93GW and nuclear providing 17.4%/5.05GW of UK demand. ·DA gas is currently trading at 80.03p/th (2.73p/KWh) ·DA power is currently trading at 81.00/MWh (8.10p/KWh)   Month ahead (July 24) ·July NBP gas is currently up 1.96% at 81.25p/th (2.77p/KWh). ·July TTF gas is currently up 2.16% at €34.80MWh. ·July UK Baseload closed at £71.00/MWh (7.10p/KWh) ·UK gas prices were relatively flat most of yesterday but rose in the afternoon due to the forecast lower renewables, with the DA climbing 2.24%. Along the curve, the market was fairly unchanged, despite some unplanned Norwegian outages and new from EU council had adopted its 14th sanctions package against Russia, with the Win24 contract up 0.11%. ·UK power prices followed a similar trend to the gas market, with the DA price climbing nearly 6% due to the forecast of low wind generation today. Along the curve, the prices had support from the gas market, with the Win24 contract climbing 0.8%. ·According to Gassco AS, there are 2 unplanned outages this morning which is reducing Norwegian flow by 12.1mcm. ·Oil prices are little changed this morning after rising yesterday helped by expectations of increased fuel demand tis summer, but investors were cautious ahead of US consumer price data. ·Latest forecasts show temps to be over seasonal norms for the coming days and then drop more in line with averages towards end of the week. ·We are expecting 1 LNG cargo in the coming weeks.   ·UK Gas prices as of Mondays close -  o   Month ahead 79.69p/th (2.72p/KWh) up 0.68% DoD* o   Q4 24 96.71p/th (3.30p/KWh) up 0.02% DoD o   Winter 24 99.47p/th (3.39p/KWh) up 0.11% DoD ·UK Power prices as of Mondays close – o   Month ahead £72.25/MWh (7.23p/KWh) up 0.28% DoD* o   Q4 24 £85.32MWh (8.53p/KWh) up 1.00% DoD o   Winter 24 £88.21Wh (8.82p/KWh) up 0.80% DoD *DoD = Day on Day All prices and info correct at time of writing. Eco Logic Partners Jason Gary William Sam Karl Martin Chart credit - e*star #energy #power #gas #markets #renewables #wind #lng #energymarkets #norway

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Timing is everything.... Hugely proud to have worked with Nesta to produce a first-of-its-kind study on the experiences of smart prepayment customers’ with a domestic flexibility service - Utilita Energy's participation in National Grid ESO's Demand Flexibility Service with our #PowerPayback service. ESO's DFS redesign for winter 2024-25 and beyond has just been submitted to Ofgem for review/approval. If I worked at Ofgem I would be challenging how this redesign protects consumers and ensures the low carbon transition is a just one. To say that ESO's redesign will exclude prepayment households this winter is an understatement. In several instances ESO have done the exact opposite of the recommendations in this report which suggests how flexibility can be more inclusive for those that need it the most, lower income households, the vulnerable and the fuel poor. ESO have done this at a time when the price cap has just increased 10%. Well done Dimitris Stefanoglou and Rebecca Clark for playing point for NESTA and thank you to the whole NESTA team. https://lnkd.in/g6i-FspK Derek Lickorish MBE Charlotte Friel Charlotte Johnson Emma Burns #energyflexibility #energytransition #lowcarbontransition #energy #netzero

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Great British Energy which will be launched in the next 2 months will offer the following benefits for Domestic customers. Based on what has been published so far, GB Energy aims to: Lower energy bills for every household by an average of £300 a year. Increase energy security by reducing the UK’s reliance on imported fossil fuels from countries like Norway, Qatar, the US and Russia. Take on the challenge of delivering green electricity by 2030, through increased use of renewable energy sources. Create 650,000 new jobs in all parts of the UK through local energy generation. You can see a regional breakdown of new jobs on the Great British Energy website. How will GB Energy be funded? GB Energy is part of the new government’s Green Prosperity Plan, which it says will be funded by two sources: an increased windfall tax on oil and gas companies (£1.2 billion over the course of the parliament) Responsible borrowing When the government says responsible borrowing, this investment will cost billions and billions so an Increase in Non-commodity costs 100% will happen also. Remember 65% of the customers Electricity delivered price is this element and will increase. If you have any commercial energy contracts up for renewal in the next 24 Months please get in touch to future proof your contracts against any further increases.

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Is delivering the energy transition the hottest topic in utilities right now?🔥 Ben Wilson, Chief Strategy & External Affairs Officer, National Grid is live on Green Stage giving his keynote 'Delivering the energy transition: a view from National Grid’. Join him now to discover what the road to Net Zero holds. #FoUSummit24 #energy #utilites #NetZero #energytransition  

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This concept of trading across time in different energy markets may not be familiar to many of our Australia customers, but it does in fact exist in Australia. Western Australia has the Short-Term Energy Market (STEM), which allows market participants to buy and sell electricity in a day ahead forward market. Along with the Reserve Capacity Mechanism (RCM), the STEM is one of the features that makes the WEM much more “conventional” than the NEM, when compared with other power systems around the world.

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