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Peak shaving for businesses: Strategies to minimise energy costs To control costs, energy-intensive businesses must consider not only how much electricity they use but also when they use it. If these businesses have significant power demand in the late afternoon, when the electricity grid experiences peak demand, they pay higher unit charges. Peak shaving offers a solution to avoid exposure to these expensive periods….
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How do substations work on the electricity grid? Electricity doesn’t flow directly from power stations to homes and businesses. Instead, it moves through a network of substations that step voltage up and down, route power across the grid, and help keep the system stable in real time. Without substations, the electricity network simply wouldn’t function. This guide explains the essential role of electrical…
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Low Carbon Contracts Company (LCCC): Roles in the CfD and RAB schemes The Low Carbon Contracts Company (LCCC) sits at the financial centre of the UK’s transition to a carbon-neutral energy system. The LCCC enters into long-term contracts with private investors in low-carbon technologies, providing guaranteed price certainty over multiple decades. This certainty underpins billions of pounds of investment in renewable energy, nuclear power, hydrogen production and…
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Flexible energy contracts: How they work and which businesses can benefit most Flexible energy contracts give businesses control over when their energy is purchased. Instead of fixing a single unit rate for the full contract term, wholesale energy can be secured in stages, allowing organisations to manage market exposure more strategically. However, flexible energy contracts also place more responsibility on the customer, and if not managed correctly,…
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NESO: Strategic planning, connection reforms, and balancing for the British energy system The transition to net zero is making the British energy system more complex. Keeping it secure, reliable, and affordable now and into the future requires careful planning and management. NESO sits at the centre of this task. It plays a critical role in balancing electricity supply and demand in real time, planning the future grid,…
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Business energy brokers: A practical guide for businesses Choosing the right energy contract can be challenging for businesses, especially with constantly changing prices and supplier offers. Business energy brokers act as intermediaries between companies and energy suppliers, helping organisations find suitable electricity and gas deals. In this guide, we explain how business energy brokers work, what they offer, and when using one may…
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