archived news

JOIN US AT THE TEC WORKSHOPS

31 October 2014 - As UK and global energy markets face ever more challenging times, TEC is on hand to 
help with a range of workshops taking place this autumn. The workshops will provide TEC members with an opportunity to interact, discuss and share experiences and possible solutions with each other. The workshops, which will be held annually, 
will cover the following key topics: Flexible Contracts, Performance and 
Energy Markets Energy data, reporting and systems demonstration Benefits method ... read more »

Savings For Flexible Members

31 October 2014 - As a result of the move to an aggregated portfolio approach to our flexible electricity supply framework, we have been working with Scottish and Southern Energy to arrive at an aggregated swing premium. This is the charge made to members for energy supplied over and above base-load, which we secure through our risk management strategy, and accounts for the peaks, troughs and anomalies in an individual member’s electricity usage. By combining the usage of all members in the flexible basket, ... read more »

New Team Member At TEC

31 October 2014 - My name is Elia and I am delighted to join the TEC team. My aim is to utilise my communications and marketing skills via my input through social media and TEC’s website. I originate from Spain where I studied for a degree in advertising and journalism. Last year, I decided to study for a Strategic 
Marketing and Consultancy postgraduate degree at Birmingham University. While studying in Birmingham, I worked as an intern for different media organisations and gained experience in diffe ... read more »

CARBON CLUB UPDATE

31 October 2014 - This September the TEC ‘Carbon Club’ held its annual gathering in Birmingham. It was encouraging to see familiar faces and one or two new ones. The Club members are in the EU Emissions Trading System either as full members or as opted-out members (who still have to comply with virtually all the same procedures except the Registry). The nine installations in the Club increased EU ETS emissions by 10.8% to 131,624t CO2 in 2013 compared to the previous year. The weather was not wholly t ... read more »

Russia-Ukraine gas deal secures EU winter supply

31 October 2014 - Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union. The deal will also ensure gas supplies to EU countries via Ukraine are secure. "There is now no reason for people in Europe to stay cold this winter,'' said European Commission President Jose Manuel Barroso. European Union energy chief Guenther Oettinger said he was confident that Ukraine would be able to afford to pay for the gas it needed. He added that the agreement might ... read more »

Ofgem approves distribution code modification reference changes

30 October 2014 - The regulator approved modifications to the Distribution Code on Tuesday 28 October which are required to update the formal designation of the Electricity Supply Emergency Code (ESEC). DECC has recently made changes to the ESEC which reflect that the secretary of state may direct National Grid Electricity Transmission to act as the central co-ordinator for rota disconnections for all network operators when the code is invoked. A further modification will also replace the National Consumers Counc ... read more »

Regulator proposes three new Gas System Operator incentives

30 October 2014 - Ofgem issued a consultation on Tuesday 28 October on its proposals to implement three new incentives: the D-2 to D-5 Demand Forecasting Incentive; the Maintenance Incentive; and the greenhouse gas emissions incentive, applying to National Grid Gas (NGG), as gas transmission system operator. These would replace current schemes from April 2015. The new incentive schemes will be based on the existing structure but with tightened targets to reflect improvements in performance. It proposes to remove ... read more »

Ofgem responds to National Grid's Winter Outlook report

30 October 2014 - The regulator published its response to National Grid’s Winter Outlook Report 2014-15 on Tuesday 28 October. It welcomed National Grid’s efforts to finalise contracts with power stations by 1 November, in order to provide extra reserve to help it balance the system when needed. Ofgem considers this a sensible precaution, taking account of market developments including the uncertainty over power station availability. The regulator stated it is confident that National Grid has the corr ... read more »

Regulator requests long-term gas contract information

30 October 2014 - Ofgem published a notice letter on Tuesday 28 October requiring shippers to produce specified information in relation to long-term gas contracts. The notice letter is accompanied by a formal notice under section 34A of the Gas Act that requires gas shipper licensees to produce information detailing all gas supply contracts which last more than one year with suppliers from third countries and European Economic Area countries to which the licensee was a party on 1 October. Ofgem is requesting the ... read more »

Ofgem consults on two-year electricity System Operator incentive scheme

30 October 2014 - The regulator issued a consultation on Tuesday 28 October on its proposals for a two-year incentive scheme for the electricity System Operator (SO), to run from 1 April 2015 to 31 March 2017. The two-year scheme is proposed to be based on the existing scheme, since Ofgem considers this has driven efficiency improvements and savings for consumers, despite the growing challenges facing the SO faces. It is proposing to retain the Balancing Services Incentive Scheme and to implement incentive scheme ... read more »

Scottish Power windfarm at full output more than two months early

30 October 2014 - Full power output has been achieved more than two months ahead of schedule from West of Duddon Sands Offshore Windfarm, a major renewable energy project which has been developed by ScottishPower Renewables and DONG Energy in the Irish Sea. The news came on the day that the 389 megawatt (MW) windfarm was officially opened by Energy Secretary Ed Davey, joined by ScottishPower and Iberdrola Chairman Ignacio Galan and DONG Energy Executive Vice President Wind Power, Samuel Leupold. Located approxima ... read more »

British Chambers of Commerce Energy says shortages may cause major disruption for businesses

30 October 2014 - Adam Marshall, Executive Director of Policy and Public Affairs, comments on the latest announcement from National Grid. Commenting on National Grid’s announcement that planned generator closures and breakdowns have reduced the amount of spare capacity in the energy grid compared to last year, Dr Adam Marshall, BCC’s Executive Director of Policy and External Affairs said: “The prospect of energy shortages and rolling blackouts is simply unacceptable, as they may cause major disr ... read more »

Winter is coming

30 October 2014 - The Winter Outlook Report (WOR) is published annually in the autumn and provides a forecast of the anticipated demand and supply for gas and electricity for the coming winter. It is based on detailed market analysis and the responses received through responses to the Winter Consultation Report (WCR). National Grid has pulled together a vast amount of information that will help inform the market as they head into the coming winter. As well as its own analysis and data, the WOR is based on feedbac ... read more »

Ofgem summarises Independent Suppliers Forum discussion points

30 October 2014 - The regulator published a report on Monday 27 October from the joint forum for independent suppliers held by Ofgem and DECC on 2 October. The meeting was to gain feedback on the current and future engagement between Ofgem, DECC, and the independent suppliers; and to provide updates on upcoming policies including the market investigation reference and smart meters. DECC presented options for improving online engagement with independent suppliers, including: a new webpage; an online discussion for ... read more »

Ofgem satisfied Ovo Energy has taken steps to address retail market obligations

29 October 2014 - In a statement published by Ovo Energy on Tuesday 28 October, the supplier acknowledged that it did not meet its obligations with respect to Ofgem’s retail market rules. The news follows the regulator’s review of all suppliers, where it raised particular concerns with Ovo Energy about their compliance with a range of rules. Ofgem reported on the same day that it is satisfied Ovo Energy has taken action to address its non-compliances and, in light of this, is not proposing to taken an ... read more »

No increased risk of blackouts: DECC

29 October 2014 - In its annual Statutory Security of Supply Report (SSSR), issued on Tuesday 28 October, DECC confirmed the UK will be “energy secure” during this winter and upcoming winters. The situation is said to be manageable and well within the reliability standard set by government. Following the report, Ofgem also said: “There is no increased risk of blackouts this winter.” Business and energy minister Matt Hancock added: “Government has made sure homes and businesses across ... read more »

Greater transparency needed in oil and gas extraction

29 October 2014 - Extractive industries play an increasing role in the UK economy but more must be done to improve these companies’ social and environmental performance, transparency and reputation, the business innovation and skills select committee has said. In its report on Extractive Industries, which was published on Tuesday 28 October, the committee noted reports of poor practice around the world from mineral and energy resource extraction companies. It called on the government to establish a “t ... read more »

Regulator consults on Thanet OFTO transmission licence modification and cost assessment

29 October 2014 - On Monday 27 October, Ofgem issued a consultation on its cost assessment for Thanet offshore transmission assets. The proposed cost assessment of £163.5mn is over £25mn lower than the initial transfer value cost assessment of £189mn. This cost assessment will be used to determine the value of the Thanet transmission assets to be transferred to the successful offshore transmission operator (OFTO) bidder. The regulator also proposed to modify the standard conditions of the transm ... read more »

Ofgem modifies RIIO-GT1 Price Control Financial Model

29 October 2014 - Ofgem published guidance on Friday 24 October concerning the updated RIIO-GT1 price control financial model (PCFM). The updated PCFM will be used for the Annual Iteration Process that takes place by 30 November 2014, where a calculation of the licensee’s Base Revenue will be made. This will apply in the formula for each licensee’s Base Transmission Network Revenue for Relevant Year 2015-16. Source: Ofgem Follow TEC on Twitter and LinkedIn ... read more »

Ofgem corrects Gas Shipper and Gas Supply licence amendment implementation date

29 October 2014 - The regulator published a correction for the implementation date for its Gas Security of Supply Significant Code Review (SCR) reforms on Monday 27 October. Following Ofgem’s decision, published on 23 September, to proceed with the licence modifications that give effect to the Gas SCR, the regulator modified the standard conditions of the gas supply and gas shipper licences. However, since then, Ofgem has identified errors in the implementation dates in the directions for the changes. The i ... read more »

Ofgem consults on modifying the electricity transmission licence

29 October 2014 - The regulator issued a consultation on Friday 24 October seeking views on its proposed modifications to special licence condition 3J (Transmission Investment for Renewable Generation – TIRG) of the electricity transmission licence. The consultation follows Ofgem’s discovery of errors in the calculation of the revenue that transmission owners are allowed to earn on projects in the five-year period that follows their completion. Ofgem’s proposed changes will correct the calculati ... read more »

The story of our future

29 October 2014 - What will the UK’s energy landscape look like in 2035 or 2050? National Grid’s UK Future Energy Scenarios 2014 provide credible analysis of how this uncertain future could play out, helping Government, customers and other stakeholders to make informed decisions. Alice Etheridge, National Grid’s Strategy Development Manager, explains what each scenario might mean for the UK as a whole and for consumers. One of the key pieces of feedback that we received during our stakeholder en ... read more »

ACER issues progress report on Electricity Regional Initiatives

29 October 2014 - The Agency issued the progress report for the Electricity Regional Initiatives from April to September 2014 on Friday 24 October. It noted the implementation of day-ahead market coupling progressed well with the successful launch of the full coupling between the Iberian market (MIBEL) and the North West Europe region on 13 May. In the Central and Eastern Europe region, the developments of the four market coupling project went as planned and the Croatian power exchange was created. However, it fo ... read more »

Balancing and Settlement Code (BSC) P304 and P314: Reduction in PAR from 500MWh to 250MWh (P304) and Reduction in PAR from 500MWh to 350MWh (P314)

28 October 2014 - The regulator issued its decision on Tuesday 28 October to reject P304 Reduction in PAR from 500MWh to 250MWh and P314 Reduction in PAR from 500MWh to 350MWh. The proposals sought to reduce the Price Average Reference (PAR) value, so making cash-out prices more marginal, P304 having been raised by National Grid on direction from Ofgem at the end of the Electricity Balancing Significant Code Review (EBSCR) and P314 subsequently by First Utility. Ofgem considered that the effects of the proposed m ... read more »

Winter Outlook 2014-15 published

28 October 2014 - National Grid has published its 2014/15 Winter Outlook. The Outlook has been produced by National Grid in its role as electricity System Operator and as owner and operator of gas transmission infrastructure in Great Britain. The Outlook follows consultation with the energy industry, analysts, academics and energy policy experts. On gas, supplies are in a strong position this winter, with gas supplies, storage and network capacity well in excess of maximum expected demand. This year electricity m ... read more »

DECC lowers capacity market procurement target

28 October 2014 - Energy and climate change secretary Ed Davey has written to National Grid to confirm a downward revision in the level of capacity being targeted for procurement in this December’s capacity market auction. In a letter to the system operator, dated 13 October, Davey said: “I would like to confirm that I have adjusted each of the demand curve parameters […] downwards by 2,200MW. This means that for the first four-year auction to be held this year for delivery in 2018-19 the targe ... read more »

Switching undermined by Ofgem interventions, says Littlechild

28 October 2014 - Ofgem has been accused of having an “unerring reverse midas touch” in retail regulation, after new analysis suggested its interventions to improve competition had in fact lowered consumer switching rates. In a submission to the Competition and Markets Authority (CMA), published on Monday 27 October, Littlechild suggested that increasing switching rates in the early 2000s had reversed at the time that Ofgem implemented its Non-Discrimination Clause, and that this downturn became even ... read more »

EURELECTRIC welcomes European Council decision on the 2030 climate & energy policy framework

28 October 2014 - The European Council yesterday adopted an ambitious framework for climate & energy towards 2030, showing that Europe continues to take climate action seriously. Importantly, Heads of States and governments decided go ahead with a binding target of an at least 40% domestic reductions in greenhouse gases and to rely firmly on the Emissions Trading Scheme (EU ETS) to deliver this objective. EURELECTRIC is particularly pleased to see the clear decision to consolidate the EU ETS mechanism through ... read more »

Northern Ireland Gas Capacity Statement 2014/15 – 2023/24

28 October 2014 - The Utility Regulator issued the Northern Ireland gas capacity statements on Thursday 23 October. These statements provide an assessment of the ability of the gas transmission network to deliver gas over a number of potential scenarios within the next ten years. The modelling results have shown that on the basis of the forecast demand data and assumptions set out in the paper the network could meet the firm demands for the average winter and minimum summer demands for all years for all scenarios ... read more »

British-made wave power surges closer after successful test

28 October 2014 - Generating electricity from wave power in Britain took a step closer to reality after green energy company Ecotricity’s innovative device – Searaser – successfully completed first stage testing at Plymouth University’s CoastLAB wave tank. The brainchild of British inventor Alvin Smith, Searaser is designed to overcome two of the biggest hurdles in the deployment of renewable energy on a scale that fulfils Britain’s future electricity needs – cost and variable ... read more »

Heads of State miss the chance to back renewable energy in Europe

28 October 2014 - European Heads of State missed the opportunity to set an ambitious target for renewable energy in the 2030 climate and energy framework. The European Council's decision to set an EU-binding target of 27% showed a lack of ambition to improve Europe's energy security. Governments also ignored calls from the renewable energy sector and European business leaders for a nationally-binding target of at least 30%. Thomas Becker, chief executive officer of the European Wind Energy Association, sa ... read more »

Uniform Network Code (UNC) 507: Changing the effective date of 451AV (Individual Settlements For Pre-Payment & Smart Meters)

28 October 2014 - The regulator approved UNC507 Changing the Effective Date of 451AV (Individual Settlement for Pre-Payment and Smart Meters on Thursday 23 October. UNC451AV introduced the concept of a bespoke profile for prepayment meters (PPMs) to be implemented from a date after the decision to implement the PPM profile. UNC507 will change the effective date of UNC451AV from 1 February 2014 to 1 October 2014. Ofgem considered the invoice adjustments under UNC451AV would have a distortive effect on the allocati ... read more »

Go-ahead for South Hook CHP plant

27 October 2014 - Plans to build a combined heat and power plant (CHP) at South Hook have been granted development consent. It will have an installed capacity of up to 500MW – enough to power around 900,000 homes – and will meet the needs of the existing Liquefied Natural Gas (LNG) terminal as well as export extra electricity to the grid. Energy Secretary Ed Davey said: “CHP is a highly efficient means of generating power that can lower costs, increase efficiency and reduce carbon emissions from ... read more »

Best energy deals for consumers

27 October 2014 - Consumers could be losing out on the best energy deals because comparison sites filter out the tariffs which do not pay them commission. Energy Minister Fergus Ewing has highlighted the issue and written to both OFGEM and the Secretary of State for Energy asking why the UK Government has failed to act to protect consumers, and when it will close this loophole. The Scottish Government has also written to leading price comparison websites including Compare the Market, Go compare, Uswitch, Money-su ... read more »

Ofgem sends back CMP223 on distributed generation user commitment

27 October 2014 - The regulator issued its decision on Thursday 23 October that CMP223 Arrangements for Relevant Distributed Generators under the Enduring Generation User Commitment should be revised and resubmitted. The proposal was raised in response to concerns that distribution network operators were not passing down the same security as required from them by National Grid in the user commitment arrangements. Ofgem considered the current proposals lack clarity on the procedures to be followed to collect any o ... read more »

Ofgem sends back DCP178 on notification period for DUoS charge changes

27 October 2014 - The regulator issued its decision on Friday 24 October to direct that DCP178 Notification Period for Change to Use of System Charges should be revised and resubmitted. Is said it is minded to approve the proposal, which would amend the notice period for finalising distribution use of system (DUoS) tariffs from 40 days to 15 months, but considers further assessment of the best implementation date is required for it to form a final opinion on the proposal. It does not believe the current proposed ... read more »

Ofgem approves UNC513 on Project Nexus independent project assurance

27 October 2014 - Ofgem approved UNC513 UK Link Programme (Project Nexus) Project Assurance for Users on Thursday 23 October. The modification will facilitate the appointment by Ofgem of an agent to perform a short-term project assurance role, submitting a report by 1 December on shipper preparations and the progress they have made against their plans to ensure they are ready for 1 October 2015. Ofgem said the report could be of value but also considered there is a need for such a role through to the implementati ... read more »

Consumer First Panel shows unchanged market trust levels following RMR

27 October 2014 - Ofgem published a report on Friday 24 October from its Consumer First Panel research, investigating consumer engagement and trust in the energy market, as well as awareness of the expected impact of the Retail Market Review (RMR) reforms. The regulator notes high levels of apathy and negativity towards energy matters, indicating that views of the energy market have not changed. Few consumers expressed having much contact with their supplier, beyond receiving and paying bills, and both engagement ... read more »

Solar industry underwhelmed by renewables target

24 October 2014 - The trade association for Europe’s solar photovoltaic industry has described the EU’s renewable target for 2030 as “too low to unlock the full potential” of the technology. In a statement issued on Friday 24 October, the European Photovoltaic Industry Association (EPIA) said the target represented a “very small step” towards supporting renewables’ “enormous potential”, but nevertheless recognised it as an “important signal of political ... read more »

EU leaders agree energy and climate framework for 2030

24 October 2014 - The European Council announced on Friday 24 October that it had agreed on an energy and climate framework for the EU through to 2030. The agreement incorporated the 40% emissions reduction target proposed by the Commission earlier this year––this will be delivered through a 43% emissions cut in sectors covered by the EU Emissions Trading Scheme, and a 30% reduction for sectors outside it. The Council further confirmed a 27% renewables target, though––as opposed to the 202 ... read more »

South Hook CHP plant gets go-ahead

24 October 2014 - South Hook Combined Heat and Power (CHP) plant in Pembrokeshire a step closer to completion after UK Government announces planning consent. South Hook Combined Heat and Power (CHP) plant in Pembrokeshire, Wales is a step closer to being completed after the UK Government announced today that planning consent had been granted for the project which will provide enough electricity to power 900,000 homes. It’s expected that there will be several hundred jobs created during construction of the p ... read more »

SSE urges move to national pricing

24 October 2014 - SSE has written to DECC to urge it to consider the merits of a move to national pricing on supplier costs. In the letter, published on Thursday 23 October, SSE chief executive Alistair Phillips-Davies said that polling indicated that two thirds of the public supported an end to regional price differentials, and that the company was consequently calling for network costs to be “flattened” out to a standard charge for consumers across Britain. He said: “The network companies woul ... read more »

UK failing energy affordability challenge according to Centrica

24 October 2014 - Decisions made by successive UK governments over how to support low-carbon energy risk unnecessarily increasing costs for consumers, according to Centrica chief executive Sam Laidlaw. Speaking at a conference on Thursday 23 October, Laidlaw said that he did not question the need to develop low-carbon sources of power, but that the UK was “falling short” on ensuring that it undertook the transition in the most affordable way. He said: “By the end of this decade, under current pl ... read more »

Savvy students can now take control of their energy bills

23 October 2014 - Latest data from Ofgem’s 2014 Consumer Engagement survey shows that a shocking three quarters of bill paying tenants admit they've never switched energy or gas supplier in order to try and save their hard earned cash (77% for electricity and 74% for gas). And despite the fact that shopping around could save tenants up to £200 , one in five (20%) admit that they weren’t aware they could switch to a different supplier. The research highlights the sheer lack of awareness among ... read more »

ECO installation levels continue to fall

21 October 2014 - Domestic Green Deal and Energy Company Obligation in Great Britain (Monthly report) Source: DECC @DECCgovuk Keep updated and follow TEC in Twitter and LinkedIn for the latest energy updates ... read more »

Why is the decrease in wholesale energy prices not reflected in retail prices?

21 October 2014 - ​Despite a general decrease in wholesale energy prices, gas and electricity retail prices continued to grow in 2013, although at a slower pace than in previous years. On average, the electricity bill for households increased by 4.4% while gas prices rose by 2.7%. The latest Market Monitoring Report presented today in Brussels by the EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) identifies a vicious circle in many Member State ... read more »

The generic offshore transmission owner (OFTO) licence for Tender Round 3 (Version 3)

21 October 2014 - An updated version of the Offshore Transmission Owner (OFTO) Licence for Transitional Tender Round 3 (TR3). Source:Ofgem @TECpublicsector LinkedIn ... read more »

Control your heating and save money

20 October 2014 - Householders in Britain could save £500 million a year if they take control of their heating. That’s according to the Energy Saving Trust (EST), which reveals although 78% of those surveyed claim to understand how to use their heating, half of them are incorrectly using the controls. Nearly 40% of Brits believe it’s more efficient to leave the heating on all the time, more than a third (35%) turn up their room thermostat when they want the room to heat up quicker and nearly a t ... read more »

Energy bills the most confusing

15 October 2014 - Consumers are still finding energy bills “most difficult to understand”, according to new research. They find bills from mortgage providers, credit and store cards and mobile phone networks clearer than those sent by energy companies. The news comes despite new rules being introduced earlier this year aimed at making energy bills simpler, including information on suppliers’ cheapest tariff to be mentioned so consumers can switch to the most competitive deal. However, only three ... read more »

A parade of not so beautiful beauties?

14 October 2014 - In my 2 years as MD of The Energy Consortium, operating as a public buying organisation, I am proud to say that we embody the principles of procurement best practise (confirmed by the recent Procurement Maturity Assessment carried out on TEC by auditors from APUC) and ensure EU Procurement rule compliance for members using our frameworks. For this reason alone I find it all too frustrating when we are entered into what I like to call “beauty parades” alongside private sector brokers ... read more »

Is it energy or carbon and just who is responsible?

14 October 2014 - In more than 25 years in the energy sector, I have never ceased to be amazed with how energy cost (and consumption) seems to be passed around in organisations as something to be tolerated, dealt with when setting up new contracts and then moving on. In terms of managing energy efficiency, I have also seen resource within organisations vary significantly as cost remains the driver of energy efforts. The impact of this was that, particularly during period of greater energy price volatility, there ... read more »

Consumers flocking to smaller suppliers, says switching site

09 September 2014 - Consumers flocking to smaller suppliers, says switching site More than seven in 10 (71%) households that have switched energy companies in the past six months have moved to one of the independent suppliers, according to new research. Price comparison site Gocompare.com published figures on Monday 8 September that, by contrast, showed than fewer than a third of consumers had taken up tariff offerings from the Big Six. The site’s energy spokesman Jeremy Cryer said that smaller players would ... read more »

TEC Flexible Energy Contract Monthly Report - Significant benefits of active management

18 August 2014 - Please find the first of our regular monthly reports on the performance of the flexible energy purchase contracts which you utilise via the TEC framework. We are keen that members see the way in which we manage your energy costs and the benefits of our active management of the strategy which operates now at an aggregated portfolio level. This report is designed to supplement the market information provided in regular reports by Utilyx and the detail which you can get on your own spend and perfor ... read more »

OFGEM publish the next steps to the non-domestic TPI code of practice project

13 August 2014 - OFGEM publish the next steps to the non-domestic TPI code of practice project. OFGEM’s final consultation for the proposals to introduce regulation to the Third Party Intermediaries sector (Private sector energy brokers and consultants) – TPIs, closed at the end of June. The aim is to respond to concern in the market over the activities of TPIs and to put in place a regulatory framework to ensure transparency of fees and services offered and to ensure high service standards and rigor ... read more »

A fond farewell to Alan Brookes

08 August 2014 - “It is with some regret that we report that Alan Brookes left TEC on 8th August 2014. Alan has been a key member of the TEC team during a time of great transition and it is with great credit that he leaves his role at TEC to pursue other opportunities where his considerable skills and experience, particularly in areas of procurement, can be used to maximum effect. I know you will join me in wishing Alan well in his future endeavours.” Richard Murphy Managing Director ... read more »

New laws would give UK energy regulators new powers to prosecute people suspected of abusing the energy market

06 August 2014 - Anyone found guilty of rigging wholesale gas and electricity prices could face up to two years in jail under proposals being put forward by Energy and Climate Change Secretary Ed Davey today. These laws would give UK energy regulators new powers to prosecute people suspected of abusing the energy market... Read more..... Source: www.gov.uk ... read more »

All in favour of Ofgem’s new TPI Code of Practice?

04 August 2014 - It’s not unusual for new regulations to meet resistance. But it looks like Ofgem’s proposed Code of Practice for Third-Party Intermediaries (TPIs) could buck that trend and successfully deliver more protection for customers – if a few concerns can be resolved. Ofgem recognises that TPIs – the consultants, brokers and other organisations who advise businesses about buying energy – are a vital part of a functioning and modern energy market. And I think most TPIs under ... read more »

This could affect you! .... Energy Savings Opportunity Scheme (ESOS)

04 August 2014 - Energy Saving Opportunity (ESOS) – does it affect you? Universities may be affected. The Energy Savings Opportunity Scheme (ESOS) is a mandatory energy assessment and energy saving identification scheme for large undertakings (and their corporate groups). The scheme applies throughout the UK. The Environment Agency will be publishing compliance guidance later in 2014. This will supersede this Guide https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/323307/ESOS_Guide_ ... read more »

WATER, WATER EVERYWHERE

04 August 2014 - Water market reform was another key topic addressed during the conference as Mark Powles, CEO of Business Stream, took to the stage to talk about the Water Bill and the road to the retail market in 2017. With Royal Assent passed on 14 May we are set to see potentially the biggest shake up of the water industry since privatisation. Mark focused on the changes in water provision and said water is treated a bit like tax here in England, it is a monopoly operation. Mark raised the question, “h ... read more »

ENERGY MARKETS REVIEW

04 August 2014 - Energy markets review Utilyx’s Andrew Horstead covered a wide range of energy issues focusing on gas and a range of topics including gas price slump on weak demand and buoyant supply, European issues included the situation in Russia and Ukraine and how the influx of LNG cargoes has affected storage levels. His presentation outlined how UK gas prices “have fallen to 4.5 year lows driven by mild weather and a large storage overhang”He added how:“The mild weather and low use ... read more »

MAKE IT A DATA

04 August 2014 - Hollywood actor Nicholas Cage made an appearance at the TEC conference! The A-list star’s famous face appeared as part of an engaging presentation by TEC’s Richard Murphy and Laura Hanson, Data Analyst and Systems Development. Laura and Richard addressed delegates about data control and reporting highlighting the benefits to members. They demonstrated using a range of visuals, including the one featuring Mr Cage, to illustrate how to understand your data, and convey the message &ldqu ... read more »

TEC Conference

04 August 2014 - Birmingham’s Town Hall was the venue as The Energy Consortium (TEC) marked its 20th year of operations with its annual conference and AGM. This popular event on the 24th June provided the perfect vehicle for members, delegates and suppliers to network and keep abreast of the main energy issues facing them today. Overarching themes for 2014 were varied with Energy Market Reform still dominating the agenda. We detailed policy areas that are going to affect our members as the UK seeks to deca ... read more »

World gas price gap to close: report

04 August 2014 - The price divergence between the three major global markets will “come to a halt and even reverse” over the next few years, a new report has claimed. The Gas Market Outlook, published by Atradius, suggested that the low gas prices recently experienced in the US would begin to recover through to 2018, in part owing to the implementation of new regulations on carbon emissions. It said that, by contrast, prices in Asia would fall because of an increasing level of LNG imports from the US ... read more »

Thanks to all our members and non-members who attended our conference

25 July 2014 - Thank you to all our members and non-members who attended our conference. The presentations have been loaded onto the members area. Please contact Sarah Quiney Marketing & Business Development sarah.quiney@tec.ac.uk for a copy if you are a non-member. Please see a snap shot of the conference below, all photos are uploaded in the members area. Exhibitors Many thanks to all the exhbitiors at this years conference. What our exhibitors thought of the day! Sue Jolly, National Account Manager for ... read more »

Energy market set for competition referral: reports

24 June 2014 - Energy regulator OFGEM will this week refer the energy markets for an investigation by the Competition and Markets Authority (CMA), according to media reports. OFGEM consulted on its proposal to refer the markets at the end of March, saying an investigation was necessary to “clear the air” around the sector and to ensure there were no further barriers to effective competition. A market investigation by the CMA would last around 18 months, and could propose a range of structural or be ... read more »

Re-investment Ideas

20 June 2014 - As a not-for-profit organisation meeting the needs of the members in providing a range of services, TEC looks to balance the quality and range of services with an appropriate level of fees, commissions and rebates. We look to set these fees at a level which covers the cost of providing the services but as we work on insourcing services at a lower cost and reducing member fees, it is inevitable that things will not work out exactly as planned and we make a surplus. TEC have an obligation to pass ... read more »

Russia – Ukraine conflict: gas supplies cut as Ukraine misses payment deadline

18 June 2014 - Ukraine’s failure to meet a $1.95bn payment deadline has seen Russia cut supplies to its embattled neighbour, risking supplies to Europe. Power and gas prices jumped significantly on Monday (Monday 16 June), but prices have moderated slightly in recent hours… Please click here for the briefing document highlighting the latest developments in the on-going Russia-Ukraine gas crisis. Sarah Quiney Marketing and Business Development ... read more »

A Warm Welcome to Another TEC Team Member

17 June 2014 - We are happy to announce the appointment of our new Member Relationship Executive, Chinue Nicholson. Chinue joins us from energy broker EIC, where she managed the energy procurement process, mainly dealing with private sector clients. Chinue also provided an account management service for all energy related matters. “I am really excited to be joining TEC where I can utilise my energy procurement knowledge and skills to provide a service to the HE/FE sector and deliver real benefit to our m ... read more »

New Domain Name

12 June 2014 - "TEC is pleased to announce our new domain name, you can now find us at www.tec.ac.uk As an organisation run on behalf of and for our members we want to reflect our position and further cement our links with the HE sector and also align with all of the UPC’s whom we work with and where we share a seat on the board with at Procurement England Ltd. Please redirect your link and re-save to your favourites.” ... read more »

TEC Conference - Book Now

11 June 2014 - There are just two weeks to go until the TEC Annual Conference 2014. There is still time to book your place and join us at The Energy Consortium (TEC) Annual Conference, which is being held on Tuesday 24th June. The packed agenda is finalised and available for delegates to download now. If you have still not booked don’t miss out on the opportunity to hear from a range of industry experts who will be speaking at the conference on a range of topics including the introduction of Energy Marke ... read more »

Control the data, the cost of consumption - reduce fees and adds to service

06 May 2014 - Following a procurement process, TEC have invested in a market leading energy database and front end software in order to firstly insource the evaluation of mini-competitions under our fixed term framework. The Optima Energy Management platform, used by major energy users including Morrison’s, Vodafone, Thames and Anglian Water and The Co-Operative, has been constantly refined and developed over 25 years to keep pace with the demanding requirements of energy users and service providers ali ... read more »

TEC Annual Conference - have you booked your place yet?

06 May 2014 - The final touches are being made to the conference Agenda and with a host of great speakers already secured focussing on this year’s theme: The Four Corners of an Effective Energy Strategy • Buy at the ‘right price’ • Only use what you have to, when you have to • Only pay for what you use • Measure what you use As well as a information packed day, we will also be holding our annual exhibition providing you with the platform to meet both peers and suppliers f ... read more »

Power Purchase Agreements (PPA's)

02 May 2014 - TEC are continuing along the route of facilitating Power Purchase Agreements as part of our members energy commodity needs. We believe that this is a perfect route to manage an element of your commodity price risk and secure long term, competitively priced power, probably index linked to RPI and generated from a brand new renewable source that would be unlikely to go ahead without the support and volume of our member base. This is a good news story for an institute as you are physically enabling ... read more »

Spring Action AT TEC

02 May 2014 - It is my pleasure to be providing the introduction to the TEC Spring Newsletter. As I approach my half year anniversary I wanted to touch on how good it has been to be out and about engaging with our members at the various forums, workshops and conferences we have either ran or supported. In the run up to Conference 2014 our focus at recent events has been in a similar vain to this year’s theme which is the Four Corners of an Effective Energy Strategy and that is to; 1. Buy at the ‘r ... read more »

Profs scold Government for energy confusion

01 May 2014 - Academics, some of whom work in Institutions which are members of TEC, have responded to the path being taken through Government energy policy, and have stated that it is less than clear. As perplexing as it may seem when TEC are outlining a vision of future energy costs to our members, whether at BUFDG or AUDE conferences where we presented recently, it seems that even if we were engaging with academics they too would find it equally confusing. So TEC might be the natural partner for HE Institu ... read more »

Delivery Charges Update: April 2014

30 April 2014 - In line with keeping members informed on changes to non-commodity elements please see attached update on the confirmed increases to Transmission and Distribution Pass-through charges which take effect for the 12 months from 1st April 2014. Power: Transmission System Operator, National Grid and the regional Distribution Network Operators (DNOs), have maintained their revisions of annual transmission and distribution charges higher as they look to cover the costs of their infrastructure upgrade an ... read more »

Update....Electricity Non-commodity Charges including actual prices from April 2014

23 April 2014 - Please see update to include actual prices from April 2014 As TEC has been highlighting, the impact of Energy Market Reform is driving the electricity non-commodity charges up. The result is that an increasingly large proportion of your energy bill is taken up by: Delivery charges Taxes and levies System and administration charges We have been working on informing a longer term forecast view of what form these increases may take. The report can be found in the members "Download area" u ... read more »

Government demands progress on collaborative university procurement

16 April 2014 - TEC are at the forefront of collaborative procurement in the HE sector, as reported here in Supply Management. The annual grant letter to the Higher Education Funding Council for England from business secretary Vince Cable and universities minister David Willetts said: “There is also a continued requirement for those in receipt of public funding to operate efficiently and deliver value for money.... Read more.... Source: Supply Management ... read more »

Government’s Solar Strategy to produce new “solar hubs”

07 April 2014 - Government’s Solar Strategy to produce new “solar hubs” The government has announced it plans to turn buildings within the government estate as well as factories, supermarkets and car parks into “solar hubs”. DECC announced its new Solar Strategy on Friday 4 April, which will see solar panels rolled-out much more widely and potentially support tens of thousands of new jobs. Climate change minister Greg Barker said the “solar hubs” had the potential to tu ... read more »

Job Vacancy - Member (Client) Relationship Executive.

27 March 2014 - As part of a re-organisation to deal with continued expansion of our team, we are seeking a candidate to join the contracting team as Member (Client) Relationship Executive. Based at our offices at Longbridge, with occasional travel in England and Wales, this is an opportunity to join a highly professional team delivering energy procurement solutions to a membership base of public sector bodies, most of whom are from the Higher and Further Education sector. This role is critical to the continued ... read more »

OFGEM announce referral of energy markets to Competition and Markets Authority (CMA)

27 March 2014 - OFGEM announce referral of energy markets to Competition and Markets Authority (CMA). In a move which appears to be politically rather than economically motivated, OFGEM have triggered a review of UK energy markets with a referral of the larger suppliers (and the market overall) to the CMA. However the scope, timing and time needed for the report to be carried out carry little hope that there will be any direct benefit to consumers in the form of lower energy prices. Rather the basis for the rev ... read more »

Annual Energy Bills 'To Rocket By 2020'

17 March 2014 - Annual household energy bills could rise by more than £600 within seven years so power companies can keep the lights on. Sky News has learned the watchdog has written to the Treasury ahead of next week's budget to warn of rising costs. In a new forecast, consumer champion Which? has predicted energy companies will need to spend £118bn on new infrastructure between now and 2020. This would include building new power stations, replacing grids and building wind farms as part of a dr ... read more »

Electricity Non-commodity Charges update

11 March 2014 - As TEC has been highlighting, the impact of Energy Market Reform is driving the electricity non-commodity charges up. The result is that an increasingly large proportion of your energy bill is taken up by: Delivery charges Taxes and levies System and administration charges We have been working on informing a longer term forecast view of what form these increases may take. The report can be found in the members "Download area" under "Electricity Non-commodity Charges update". ... read more »

Back-loading “vote of confidence” for carbon markets, say Bloomberg

04 March 2014 - The back-loading of EU Emissions Trading Scheme (EU ETS) allowances will result in “a much tighter market with new pressures on both utilities and industrial companies”, according to Bloomberg New Energy Finance (BNEF). The new arrangements for the scheme mean that governments will only sell 343mn permits this year, and analysis issued by BNEF on Monday 3 March suggested that power companies would seek to buy 730mn allowances over the same period. This suggests that power companies w ... read more »

Is there a solution to creating a fair and competitive market for Third Party Intermediaries in Energy?

21 February 2014 - The energy market is under scrutiny of late with regards to the rules and regulations of brokers, consultants and Third Party Intermediaries (TPIs) with a handful of rogue traders giving the sector a bad name. Ofgem are currently ‘proposing’ a new code of practice in the bid to create a fairer playing field with clarity on their fees, contracts and suppliers that they represent. A concern for some is that it could reduce competition among TPIs, in turn creating a ‘Big Six&rsquo ... read more »

New rules for energy brokers to regulate the energy sector

20 February 2014 - Business energy brokers who act as go-betweens for consumers and suppliers will have to sign up to a new code of conduct under new plans to clear out sharp practice. A number of dodgy brokers have given the sector a bad name and this is the latest attempt to clean up brokers’ reputations once and for all. Regulator Ofgem is proposing a new code of practice for brokers and other third party intermediaries (TPIs) to be completely clear with businesses about their fees, the contracts they off ... read more »

TEC Workshops 2014

17 February 2014 - This will mark the first of many TEC workshops that we will be conducting on an annual basis and I look forward to seeing as many of you as possible as we enter ever more challenging times in the UK and world energy markets. The topics that we propose to cover are: The direction of TEC The ‘in-housing’ and benefits of energy data and reporting Procurements and Frameworks Energy Performance Contracts (EPCs) Power Purchase Agreements (PPAs) Energy Market Reform is going to have signifi ... read more »

Fifth of firms say energy brokers don’t give accurate info

13 February 2014 - Around a fifth (21%) of businesses flatly disagreed that energy brokers gave them accurate information about the services they provided. Fewer than half of firms (49%) agreed they were given accurate info when contacted by brokers, while 20% were neutral on the issue. What’s more, less than two in five businesses (38%) said brokers were upfront about the cost of their service. More than a quarter (26%) disagreed that a third party intermediary (TPI) identified themselves clearly as an ener ... read more »

Energy firms' gas profit margins questioned by minister

10 February 2014 - The prices and profits of British Gas have been questioned by the energy minister, who suggested it might have to be broken up. In a letter to regulators, Ed Davey said profit margins made by the "big six" energy firms when supplying gas were higher than previously thought. He called on regulators to study the dominance of British Gas, which said it would participate in any discussions. The company's owner, Centrica, saw its shares fall by 3% in early trading. Mr Davey wants a mark ... read more »

Job Vacancy - Member Relationship Executive

30 January 2014 - Member Relationship Executive The Energy Consortium (TEC) is a not-for-profit organisation delivering procurement and managed services around a range of energy based frameworks to a public sector membership, predominantly in the Higher Education sector. As part of a re-organisation to deal with continued expansion of our team, we are seeking a candidate to join the contracting team as Member Relationship Executive. Based at our offices at Longbridge, with occasional travel in England and Wales, ... read more »

Roc auction sales see year-on-year increase

27 January 2014 - A total of 74,882 Renewables Obligation Certificates (Rocs) were sold in the NFPA’s latest scheduled e-Roc monthly auction on Friday 24 January––an increase by exactly 10,000 on the volumes sold in December and more than double the volume auctioned in January 2013. The average price was £42.57/Roc, down £0.44/Roc from last month. The decrease in market price appears to be due to the large supply of Rocs from wind generators; forecasters are predicting an additional ... read more »

Electricity supplier switching 'at record' in November

20 January 2014 - A record number of electricity customers changed their supplier in November last year, according to new figures. ElectraLink, which measures data for the industry, said more than 615,000 people switched during the month, the highest number yet recorded. At the time energy suppliers had announced a series of price rises. However, by December 2013 the number of people moving supplier fell back to 391,000. In the same month the government acted to reduce the rise in bills. The chancellor, George Os ... read more »

Back-loading approval “key step” towards carbon market balance

09 January 2014 - The European Commission (EC) has welcomed the vote by EU governments to back-load 900mn allowances during the third phase of the EU Emissions Trading Scheme (EU ETS). Member states gathered in the EU’s Climate Change Committee approved on Wednesday 8 January plans to postpone the auctioning of the allowances from 2014-16 until 2019-20. The European Commission said the decision was a “key step” in restoring short-term balance in the carbon market, and hoped that the first allowa ... read more »

Regulator provides guidance on application of RMR rules in the TPI sector

20 December 2013 - Ofgem published a letter seeking to clarify how aspects of the Retail Market Review (RMR) proposals in the domestic market affect third party intermediaries (TPIs) on Thursday 19 December. It noted that as supplier representatives TPIs are not permitted to offer cash discounts, including cashback, to consumers who use their services to switch electricity or gas tariff. Additionally suppliers must take all reasonable steps to ensure that switching sites do not offer bundled products independently ... read more »

Energy Risk Management Forum

18 December 2013 - November 27th saw TEC hosting our annual Energy Risk Management Forum. The event was extremely well attended and we would like to thank our members for giving us their time, support and contribution to the day. TEC Managing Director Richard Murphy introduced the day and expressed the desire for members to make the most of the day by participating, contributing, debating, questioning and clarifying. Richard explained “Risk management strategy should be set by consensus and carefully governe ... read more »

TEC – Saving You Money!

18 December 2013 - Here at TEC we are working hard to ensure our members can navigate the rising energy costs and the good news is that our post tender customer service actions have helped achieve resolution of issues for members and saved them tens of thousands of pounds in the process. “This demonstrates how TEC can help make a difference especially as businesses face rising energy costs.”said Gary Ward, Senior Member Relationship Executive at TEC TEC has released details of a number of recent cases ... read more »

SAVE THE DATE!

18 December 2013 - Following the hugely successful TEC Conference in June we are pleased to announce the date for our next one. Be sure to save the date and update your diary to include TEC’s Annual Conference 2014 which will be taking place on Tuesday, 24th June 2014 at Birmingham Town Hall. The TEC Conference will again attract members who attend to listen to a line-up of expert speakers who will tackle the latest issues on the energy sector agenda. As ever it will also be the ideal opportunity to meet the ... read more »

Richard’s Review Of The Year

18 December 2013 - Having completed a year leading the team here at TEC I look back with mixed feelings. Firstly, in a positive mood, the levels of support and engagement from you, the members, has increased with greater numbers attending our annual conference in June this year and booked to attend the Energy Risk Management Forum on which we will report in this issue. Members of the recently re-structured team have taken the opportunity to attend industry and training events aimed at improving their awareness of ... read more »

Government optimistic on energy efficiency progress

17 December 2013 - DECC has said it is “well into delivering a rolling programme of action” that will address the key barriers to improving energy efficiency in the UK. The department issued on Monday 16 December an update on its Energy Efficiency Strategy, which was unveiled last year. It said the Green Deal and the Energy Company Obligation were “gaining momentum”, and highlighted the simplification and extension of support for businesses through the removal of overlaps between policies s ... read more »

Energy Green Paper - One Nation Labour's plans to reset the energy market

04 December 2013 - One Nation Labour have recently released a Green Paper outlining how they plan to reset the energy market during their 20 month price freeze after the next election should they be in a position to form a Government. The paper sets out to outline positive and constructive ways to deliver a fairer energy market, aiming to reinstate confidence among both consumers and investors. The party claim a lack of transparency and competition within the market with a growing gap between wholesale and retail ... read more »

Operating profit rises to £53 per customer in 2012

26 November 2013 - In parallel to Ofgem’s annual summary of the Big Six annual statements, the regulator published information on the average consumer bills, supplier costs and profits for average dual fuel households from 2009-12 for the Big Six on Monday 25 November. Ofgem noted that the average domestic dual fuel bill in 2012 was £1,174, an increase of £168 from the 2011 average. The information suggested Big Six wholesale costs have risen by £75 in the same period from £537 to &po ... read more »

Big Six supply profits rise by £351mn in 2012

26 November 2013 - Ofgem published its summary of the revenues, costs and profits of the Big Six during 2012 on Monday 25 November. The summary of the energy company annual statements showed that overall total profits across supply and generation fell by 3.4%, or £133mn, from 2011. Generation profit decreases of £484mn outweighed supply profit increases of £351mn. Domestic supply profits increased, with an average profit margin of 4.3% in 2012, increasing from 2.8% the previous year. Domestic gas ... read more »

Green Gown Awards - Congratulations to our members!

26 November 2013 - The Green Gown Awards recognise exceptional environmental and sustainability initiatives being undertaken by universities, colleges and the learning skills sector across the UK. We would like to congratulate all our winning members and highly commended entries of the Green Gown Awards 2013. Green Gown Awards 2013 Winners University of Bristol Continuous Improvement: Institutional Change Nottingham Trent University Learning and Skills University of York Research and Development The University of ... read more »

Wholesale costs won’t jeopardise price freeze: Flint

07 November 2013 - Labour has denied the claim that fluctuations in wholesale prices could mean the party is unable to deliver on its pledge to implement a 20-month energy price freeze, if elected in 2015. Speaking in the Commons on Wednesday 6 November, shadow energy and climate change secretary Caroline Flint said energy companies bought their gas and electricity years in advance precisely to manage such risks. Flint acknowledged that certain smaller suppliers had spoken out in opposition to Labour’s propo ... read more »

TEC UNVEILS NEW POSITIONS

07 November 2013 - Exciting new appointments to The Energy Consortium (TEC) team have been announced. The newly created positions are part of a recent restructure to the TEC organisation. The most recent additions include the arrival of Steve Creighton who has joined TEC as Senior Relationship & Business Development Manager and to lead the newly created Flex team. His new appointment has been announced along with that of Laura Hanson who will be joining as TEC’s Data and Systems Analyst and to lead the n ... read more »

Bills set to double by 2020 despite proposed review of “green taxes”

07 November 2013 - Over the past year TEC has been informing members that energy bills are set to rise, doubling by 2020, as a result of the impact of Energy Market Reform (EMR). Over recent weeks energy has become very high profile and the so called “green taxes” have been pointed to as drivers for price increases on domestic bills by most of the big 6 suppliers. EMR sees the introduction of support mechanisms for new renewable and other low carbon generation technologies which will rise from the pres ... read more »

Climate science doesn’t justify revised fourth carbon budget, says CCC

07 November 2013 - The Committee on Climate Change (CCC) has advised the government that there has been no significant change in the climate science, or international and EU circumstances on which the fourth carbon budget was based in 2011. The CCC’s recommendations to the government, issued on Thursday 7 November, said the latest research issued by the IPCC implied the need for emissions cuts in the UK to at least the level of the established budget. It further noted that many other countries had made progr ... read more »

Rising domestic energy prices - who is to blame?

22 October 2013 - With the announcements that SSE, British Gas and now Npower set to increase their domestic energy prices by an average of 8.2%-11.1%, it is expected that the rest of the big 6 will also follow suit and increase their prices accordingly. The graph above depicts monthly price changes within gas and electricity 2011-2013, distinctly identifying that when one of the big 6 creates a change in domestic energy price, the remaining competitors tend to follow suit within 4 months of the first mover. Thes ... read more »

Hinkley Point is an “excellent deal” for British consumers, says Davey

22 October 2013 - Hinkley Point is an “excellent deal” for British consumers, says Davey The Hinkley Point deal is excellent for “Britain and British customers” as it will increase energy security and provide electricity from a safe, reliable, home grown source. Talking on Monday 21 October energy and climate change secretary Ed Davey said the UK was creating one of the most attractive electricity investment markets in the world. Prime minister David Cameron said the deal would see investm ... read more »

EDF and government agree £92.50/MWh Hinkley Point strike price

22 October 2013 - EDF and government agree £92.50/MWh Hinkley Point strike price EDF and the government have finally reached an agreement on the strike price for a new nuclear reactor at Hinkley Point in Somerset. The deal, announced on Monday 21 October, sees a strike price of £92.50/MWh. Should the company progress plans at Sizewell C in Suffolk the payment would drop to £89.50/MWh. Hinkley Point’s output is 26TWh/year which is estimated at around 7% of total UK electricity consumption i ... read more »

Miliband plans energy price freeze – is it a workable plan?

01 October 2013 - So Labour leader Ed Miliband has pledged to freeze electricity and gas prices for 20 months from May 2015 if the party wins the next general election. Speaking at the party conference on Tuesday 24 September, leader Ed Miliband said that, while they would not welcome the move, companies in the sector had been “over charging people for too long because of a market that doesn’t work”. He acknowledged the need for these companies to invest in the UK but argued there would never be ... read more »

Transparency needed on energy costs and profits: Consumer Futures

02 September 2013 - Energy companies should make their profits in a market that is “fair, competitive and transparent”, according to Consumer Futures chief executive Mike O’Connor. In a blog written for the organisation’s website on Friday 30 August, O’Connor said the current debate about profits was “not helped” by energy company accounts being “dogged by the obscurity that comes with international accounting”, given that four of the Big Six are foreign-owned. ... read more »

Average energy bill to hit £3,000 over the next seven years, claim experts

02 September 2013 - Energy price rises of “five to 10 per cent” are expected before the end of September, according to Mark Todd from energy-helpline.com. Speaking to the Daily Express on Saturday 31 August, Todd said there is likely to be “a very big rise” in energy bills, which could be up to “£3,000 if current trends continue”. The paper said the current average dual fuel bill stands at £1,420. Todd blamed rising prices on investment in green energy and increasing ... read more »

97% of business worried how EMR will impact energy costs: npower

02 September 2013 - Three quarters (75%) of UK businesses are worried over the impact Electricity Market Reform (EMR) will have on their business, according to new research by npower. The results of the EMR Pulse survey, which gauged opinion from senior energy managers at major energy users and energy consultants, found that nearly all businesses (97%) are worried about how EMR will impact on the cost of their energy. Published on Monday 2 September, it said 91% worried about the ability to forecast costs and 86% p ... read more »

UK offshore wind has “real momentum” as new strategy issued, but will it support UK manufacturers for schemes such as West Duddon?

02 August 2013 - The government has set out a long-term strategy to “strengthen the UK’s position in the offshore wind industry”. Issued on Thursday, it seeks to build on the UK’s existing competitive strengths, which, the government said, had made it “one of the most attractive locations in the world for offshore wind investment”. Investments confirmed by the government included £20mn for the Regional Growth Fund to improve the UK wind energy supply chain, and £46 ... read more »

Why Ofgem's draft code of practice for non-domestic TPIs is the right way forward

02 August 2013 - Cornwall Energy held an event in Coventry for around 30 people on 18 July—both suppliers and energy brokers—to launch our non domestic broker indexes. A key topic of conversation at this event was, inevitably, the draft Code of Practice for third-party intermediaries recently published by Ofgem. The code was created and informed by Ofgem's non-domestic TPI working group to help increase the confidence of business customers enaging with TPIs. The code also looks to prevent rogue b ... read more »

Energy Performance Contracts – Pilot Schemes Needed

10 July 2013 - Delegates at the TEC Annual Conference were invited to express an interest in Energy Performance Contracts (EPCs) on offer through the TEC supported Carbon and Energy Fund (CEF)/NHS SBS framework being re-let and enabled for educational establishments. Based on completed feedback forms there seems to be substantial interest. David Mackey of CEF presented on the significant benefits of the scheme in funding major energy efficiency (and carbon reduction) capital projects through guaranteed savings ... read more »

Power Purchase Agreement – Memorandum of Understanding.

10 July 2013 - When looking at the challenges facing members due to rising electricity costs, one of the solutions presented at our recent and highly successful Annual Conference was to seek to buy electricity from new generators on a long term basis under what are known as Power Purchase Agreements - PPAs. David Birchall of McDermott Will & Emery UK LLP (MWE) presented on the challenges and legal requirements for making these arrangements work. For TEC’s part we have been in consultation with member ... read more »

Fixed Term (but not Fixed Price)

10 July 2013 - As part of its rolling programme of OJEU procurements the Consortium is pleased to announce that it has recently awarded a new OJEU Framework for Fixed Term Energy Contracts. Whilst for the majority of our members we still advocate using flexible contracts, there are some members who still desire a fixed term agreement and fixed term is preferred by the Consortium for all Non Half Hourly electricity contracts. With significant doubt over the effect of Government energy policy and the potential c ... read more »

TEC's Annual Conference 2013

10 July 2013 - ‘’Running to stand still as bills set to double by 2020’ TEC’s 2013 conference was held in the prestigious town hall in Birmingham on Tuesday 11 June. The city’s landmark building was filled with many of TEC’s members, who attended to listen to this year’s line-up of speakers and find out what measures they can put in place to tackle the inevitable issue that energy bills are set to double by 2020. With one of the biggest energy reforms in 20 years loomi ... read more »

Job Vacancy - Data and Systems Analyst

09 July 2013 - Data and Systems Analyst The Energy Consortium (TEC) is a not-for-profit organisation delivering procurement and managed services around a range of energy based frameworks to a public sector membership, predominantly in the higher education sector. As part of a re-organisation to deal with continued expansion of our team we are seeking a candidate to fill the role of Data and Systems Analyst. Based at our offices at Longbridge, this is an opportunity to join a highly professional team delivering ... read more »

Job Vacancy - Senior Relationship and Business Development Manager

09 July 2013 - Senior Relationship and Business Development Manager The Energy Consortium (TEC) is a not-for-profit organisation delivering procurement and managed services around a range of energy based frameworks to a public sector membership, predominantly in the higher education sector. As part of a re-organisation to deal with continued expansion of our team we are seeking a candidate to join the senior management team as Senior Relationship and Business Development Manager. Based largely at our offices a ... read more »

Renewable energy strike prices unveiled

02 July 2013 - In an announcement by Treasury Minister Danny Alexander as part of the wider statements on economic stimulus, DECC has confirmed its proposed strike prices for renewable energy technologies under the new contracts for difference (CfD) regime, designed to replace the Renewables Obligation regime and provide support for investment in various energy generation technologies. The department said on Thursday the prices were “broadly comparable” to those available under the Renewables Oblig ... read more »

Capacity auctions to begin next year

02 July 2013 - Alongside the support for renewable technology through strike prices set and charged through a contract for difference mechanism, the first capacity auctions will take place next year subject to state aid approval, DECC has confirmed. The auctions will seek to ensure sufficient capacity is available from winter 2018-19, with successful bidders receiving a steady payment during the year in which they agree to make capacity available. In exchange they will be obliged to deliver electricity in peri ... read more »

UK reserves of shale gas said to be much more significant than first thought

02 July 2013 - The British Geological Survey report was published by the Government, some might say with uncanny timing given the announcements around contracts for difference (CfD) and capacity auctions, claiming that the potential reserves of shale gas in the so called Bowland shale formations across the North of England from Lancashire to Yorkshire may be double the estimates previously made for shale gas in the whole of the UK. However the BGS did say that these reserves would be very challenging to exploi ... read more »

EDF Nuclear investment at Hinkley Point to be supported

01 July 2013 - As the UK Government continues the "sensitive negotiations" with EDF over an agreed strike price for nuclear power to be generated at their proposed new reactor at Hinkley Point, there was announcement of £10 billion of support for the development as part of their £40 billion infrastructure support guarantee scheme. An agreed strike price had been expected to be announced alongside those for renewable energy schemes such as off-shore and on-shore wind, but it seems that an ... read more »

OFGEM seek wider consultation on Third Party Intermediaries (TPIs) and looks at a possible "enduring regulatory framework".

01 July 2013 - Following continued focus through a working group on the activity of TPIs following what appeared to be an increase in the level of complaints over the lack of transparency and misleading sales tactics, OFGEM is now seeking wider consultation before 23rd August 2013. It appears that there is a growing appetite for regulation after the process started by looking at a code of practise which may be based on self-regulation. TEC will continue to provide input to the process, both on behalf of member ... read more »

OFGEM issue proposals designed to improve energy wholesale market liquidity

13 June 2013 - The lack of liquidity (trade) in the forward wholesale markets is often highlighted as an issue when running flexible portfolios such as those available through TEC. Often the fact that a price for a forward period is published on a market report does not mean that this is evidence of anyone buying or selling gas or power for that period, more that it is an assessment of what it may be worth if a counterparty wanted to buy or sell. This has been an issue which energy regulator OFGEM has been gra ... read more »

Job Vacany - Member Support Administrator

12 June 2013 - Member Support Administrator The Energy Consortium (TEC) are seeking candidates to fill the role of Member Support Administrator. Based in our offices at Longbridge, this is an opportunity to join a highly professional team delivering energy procurement solutions to a membership base made up of public sector bodies, most of whom are from the Higher and Further Education sector. Although this is an entry level role within the organisation, it offers significant opportunity for development and pro ... read more »

Job Vacancies

12 June 2013 - 9th July 2013 senior relationship and business development manager The Energy Consortium (TEC) is a not-for-profit organisation delivering procurement and managed services around a range of energy based frameworks to a public sector membership, predominantly in the higher education sector. As part of a re-organisation to deal with continued expansion of our team we are seeking a candidate to join the senior management team as Senior Relationship and Business Development Manager. Based largely at ... read more »

Energy Bill moves forward after Commons 'yes' vote

06 June 2013 - The Energy Bill has passed its Third Reading in the House of Commons and will now move to the House of Lords. However, Peers will scrutinise a Bill that will not obligate the government to set a binding 2030 decarbonisation target for the power sector after MPs voted down the amendment. Energy and Climate Change Secretary Ed Davey said the vote to allow the Bill to proceed sent a clear message that the UK offers the security investors needs to “revolutionise” the energy sector and &l ... read more »

Government clear on economics of energy market reform: Davey

16 May 2013 - The government understands the long-term impacts its energy policies will have on consumers’ bills, energy and climate change secretary Ed Davey has said. Speaking on Thursday at the UKTI Global Investment Conference, Davey said the Levy Control Framework provided the best “budgetary structure” for the low-carbon transition, and had helped to give investors “what they need”. He also paid tribute to the Treasury, and said it had been “very innovative” in ... read more »

Government affirms commitment to energy reforms

16 May 2013 - The Coalition has confirmed that reforming the energy market will be a key element of its legislative agenda during the new parliamentary session. The Queen’s Speech on Wednesday confirmed the government would move forward with legislation to “update energy infrastructure”, though a date for the Energy Bill’s report stage is yet to be confirmed. The Queen further said that, in assuming the presidency of the G8, the government would continue to make progress in tackling cl ... read more »

Vacancies

10 May 2013 - We have no vacancies at present ... read more »

UK energy policy lurching towards crisis, warns city analyst

01 May 2013 - Successive UK governments have grossly underestimated the financial and economic challenges posed by the drive to decarbonise the electricity sector by 2030, according to Liberum Capital. A report published on Tuesday by the company’s utilities analyst Peter Atherton warned that £161bn of investment would be required to deliver the UK’s policy goals through to the end of the decade––and up to £367bn would be needed by 2030. The report identified three potentia ... read more »

UK's carbon footprint up 10% in last two decades: CCC

26 April 2013 - Despite a 20% reduction in production and manufacturing emissions over the past 20 years, the UK's carbon footprint has actually increased by 10% or more. According to the Committee on Climate Change's (CCC) Reducing the UK's Carbon Footprint and Managing Competitiveness Risks report, the UK's carbon footprint has grown despite strong domestic emissions cuts. This is attributed to increased imports as manufacturing has shifted to other countries. The report, published on Wednesda ... read more »

The Carbon Reduction Commitment (CRC) Energy Efficiency Scheme and its fiscal contribution to the Treasury needs to be retained despite flaws in the scheme's design, the Energy Managers Association (EMA) has said.

19 April 2013 - The EMA, which represents energy management professionals from companies with a collective energy spend of around £3bn, issued a report on Monday 15 April that examined attitudes within the field of energy and carbon management to the CRC and carbon reporting. The Mandatory Green House Gas Reporting and CRC Energy Efficiency Scheme report claimed the CRC has successfully motivated organisations on the need to reduce carbon emissions, which would not have occurred without the scheme. But th ... read more »

OFGEM Consultation of Transparency of Third Party Intermediary Charges and Services

27 March 2013 - Following some evidence of increasing "sharp practise" among third party intermediaries (TPIs) in the UK energy non-domestic markets, OFGEM has begun a consultation which may result in at least some self-regulation and a code of practise or at best some changes to energy legislation to force greater transparency, particularly around fees collected as "commissions" by suppliers on energy bills and paid to TPIs. There is little concept of just how many TPIs there are operating ... read more »

Energy Bureau Services – Establishing the Demand and Scope for a New Framework

27 March 2013 - TEC looks to provide services that deliver against the basic requirements of an effective
energy strategy. These are: To buy at the right price To only pay for what you use To only use what you need To ensure all key personnel are aware of their impact and responsibilities around energy costs through effective and accurate cost and consumption reporting TEC presently has a Bureau Services framework, which provides bill validation and reporting services. However, in line with many of our se ... read more »

TEC Annual Conference 2013

27 March 2013 - As we leap into the Spring season, there’s only a few months left until our 2013 conference. We promised that this year’s conference would be ‘bigger and better’ and that’s exactly what it is going to be! Our agenda includes presentations from eminent industry experts who will include topics on 
our energy market’s challenges, services and regulations, as we look to address the demands of an 
ever-changing energy market and tackle them head-on. We ... read more »

April 2013 – Increases in Electricity Distribution and Gas Transportation Charges

27 March 2013 - In what might be seen as a continuing and worrying trend, increases in electricity transmission (TUoS) and distribution (DUos) charges have been confirmed and will be applied from 1st April 2013 for all connected users, including domestic supplies. We focus here on the impact on larger half-hourly (HH) metered supplies as these represent most of the volume under TEC frameworks, but increases of a similar order will apply to smaller non-half hourly (NHH) metered supplies. For transmission charges ... read more »

The Pace Picks Up – New Products, Re-let Frameworks and Energy Market Reform Matters

27 March 2013 - As we emerge from a colder than average winter, TEC is making excellent progress in my vision to be the recognised Centre of Excellence for energy contract provision in the Higher Education sector and beyond. I meet with increasing numbers of members who have been very supportive in our progress towards this aim and the foundations are now set for us to deliver against this vision in 2013. The Energy Market Reform bill continues its journey through Parliament to the statue books, probably by Aut ... read more »

Shortages of gas supplies????

25 March 2013 - "Clearly stories around shortages of gas supplies are intended to draw attention to the UK’s position on energy and potentially drive prices up. However the fact remains that the UK, unlike our continental European partners, has its own gas reserves and stored gas will not be the only source of supplies on any given day, unless in the extremely unlikely event that all the other infrastructure failed. LNG deliveries are expected into the UK during the coming week, although the main dri ... read more »

Planning consent has been granted for the new nuclear power station at Hinkley Point in Somerset

19 March 2013 - Although questions remain over the electricity price needed to fund its construction, the challenge to build the power station could soon get under way. So what are the next steps and why will it take up to 10 years? Hinkley Point C, built and operated by EDF Energy, will contain two nuclear reactors and will be based alongside Hinkley A and B. There are two main aspects to the project - building the nuclear power station itself and getting the infrastructure in place. Permission for the site pr ... read more »

TPI Working Group - TEC's response to the outcomes and minutes of the first meeting

08 March 2013 - TEC's response to the outcomes and minutes of the first meeting. Having read the minutes of the first meeting, I have been in discussion with colleagues within other Public Buying Organisations (PBOs), and had hoped to make a co-ordinated response as it is very much an area we are interested in. However due to the short time window offered I am responding alone in this instance, although the sentiments expressed are very much those of other PBOs. Although we might not be considered to be TPI ... read more »

Following the “charm offensive” British Gas announce profits increase

28 February 2013 - Following our story about British Gas’ claims that they are contributing significantly to the UK economy, it seems this was a “charm offensive” ahead of the announcement that British Gas has seen increased profits from its residential energy supply arm. Profits which increased by 12% in 2012, reaching £606mn. The company said on Wednesday the increase was a consequence of colder weather that saw average domestic gas consumption increase by 12% on the preceding year. Briti ... read more »

UK oil and gas industry investment greatest in three decades

26 February 2013 - UK oil and gas industry investment greatest in three decades Investment in the UK oil and gas industry is at its highest point in over 30 years, according to Oil & Gas UK’s 2013 Activity Survey published today. The Survey, which reported £11.4bn of investment in 2012, expects to see a further rise to at least £13bn in 2013. This surge in investment, which ranges from projects of less than £50mn to greater than £1bn, has occurred because of changes in tax policy ... read more »

OFGEM consults on the potential regulation of the Third Party Intermediaries (TPI) sector.

26 February 2013 - OFGEM consults on the potential regulation of the Third Party Intermediaries (TPI) sector. Following rumblings of concern that TPIs are not demonstrating full transparency around fees and services delivered for those fees (while TEC and other Public Sector Buying Organisations – PBOs - remain compelled to demonstrate complete transparency), OFGEM has begun a consultation process. Under this they have convened a working group made up of energy suppliers, existing Self-Regulatory Code and ot ... read more »

Chancellor pursuing "short-sighted" North Sea oil strategy

26 February 2013 - Chancellor pursuing "short-sighted" North Sea oil strategy The UK is undertaking a "reckless North Sea oil bonanza" made possible by a billion pounds-worth of tax breaks for the industry, Friends of the Earth has said. Responding on Monday to figures that showed investment in North Sea oil at a 30-year high, economic campaigner David Powell said chancellor George Osborne’s "short-sighted" policies would keep the UK dependent on increasingly expensive fossil fu ... read more »

Centrica reveals its benefits to the UK economy

25 February 2013 - Centrica reveals its benefits to the UK economy Centrica supports over £14bn of UK GDP and 174,000 jobs, according to a press release published on Friday. Compiled by Oxford Economics, the report revealed the parent company of British Gas supports £4.2bn in tax payable to the Exchequer: the equivalent to £158 for every household in the UK. The report also estimates that Centrica’s employees are 2.25 times as productive in terms of GDP contributions as the UK average. Whil ... read more »

TEC embarks on Fixed Term energy contract framework re-let and considers Energy Bureau Services.

25 February 2013 - TEC embarks on Fixed Term energy contract framework re-let and considers Energy Bureau Services. In response to the up-coming end of our present fixed-term, fixed-price framework, the team at TEC are well advanced on the procurement for the new framework. An exhaustive process of market pre-engagement was carried out in the latter part of 2012, with many suppliers taking the opportunity to meet with us to hear of our aspirations for our members who have previously used this framework. They also ... read more »

TEC focuses it's morning session on the changing energy markets at it's 2013 conference

25 February 2013 - We promised that this year the TEC Conference would be ‘bigger and better’ and with that in mind, we’re delighted to announce that we are changing the format for the day’s events. We don’t want to give too much away all at once, but to whet your appetite; we are delighted to reveal that this year’s morning session will focus on ‘the changing and challenging energy market’. Speakers for this session include Robert Buckley, Director of Cornwall Energ ... read more »

Are you in Phase III of EU Emissions Trading System?

17 December 2012 - Are you looking forward to another eight years of relentless reporting and boring bureaucracy? Probably not! Why not join TEC’s EUETS Group and become a member of a friendly network of like minded participants. Not only do you get direct access to others in a similar position, but TEC also provide overarching support to make your life easier in the form of: - Appointment of an accredited verifier Access to small quantity allowance trading and site specific advice Tried and tested Data Coll ... read more »

TEC Conference Tuesday 11 June 2013

17 December 2012 - It may seem like a long time away, but June will be here before we know it! So don’t forget to book your place for our 2013 conference, which will be held at Birmingham’s esteemed Town Hall on Tuesday 11 June. Next year’s conference is set to be bigger and better, as we are holding one central conference in the heart of the country. Get the date marked in your diary now and we look forward to seeing you there! ... read more »

Energy Market Reform Bill

17 December 2012 - Thursday 29th November saw the publishing of the long awaited Energy Market Reform bill. The bill is intended to support the case for investment of £200 billion in the UK energy industry in the next 2 decades, £110 billion of which, it is commonly acknowledged, is needed to be invested by 2020 in order to wean the UK off fossil fuels and move to a low carbon economy whilst keeping the lights on. This investment is needed to replace older coal and nuclear fired generation plant, while ... read more »

First 100 days; onwards and upwards

17 December 2012 - Having completed my first 100 days in the role, I am delighted that I have been able to meet so many stakeholders vital to our organisation and services. I have met with members in all 4 corners of England and Wales, and have further travels planned in what is left of 2012 and into early 2013. In addition, largely as part of our mobilisation for the forthcoming re-let of our fixed term/fixed price framework, I have met with suppliers to share the vision I have for TEC and to ask for help in leve ... read more »

The Energy Bill - 29th November 2012

30 November 2012 - THE ENERGY BILL - 29th November 2012 The Government today announced their Energy Bill1, which will implement Electricity Market Reform, enabling the sector to attract the £110bn investment needed this decade to replace ageing energy infrastructure with a more diverse low-carbon energy mix. The proposals will be debated by Parliament over the coming months, and are expected to achieve Royal Assent in 2013, before coming into effect in 2014. Read More.... ... read more »

Wales Conference 2012

02 October 2012 - This year’s Wales conference is all set to go on the 10th October 2012, held at the Metropole Hotel, Llandrindod Wells. This event will look to repeat the successful format from this year’s conferences hosted at Leeds and London. You will have the opportunity to listen to TEC’s line up of key speakers based who will present around this year’s theme of ‘Effective Conservation and procurement.’ After last year’s impressive feedback, we are delighted to aga ... read more »

Changes in Regulated Gas Transportation Charges Effective 1st October 2012

02 October 2012 - As 1st October is the start of a new gas year, the gas transporters and distributors apply new charges for the coming year. These are calculated using an agreed price control formula which is set every 5 years. In addition if there are any other required changes due to modifications in the Network Code, the contract governing the relationships between gas transporters and distributors and the suppliers who use their networks, these too are applied in October. BACKGROUND In 2008 the make up of ga ... read more »

TEC Conference 2013 - Birmingham ??

02 October 2012 - Although we are coming to the end of this year’s success of conferences, we are already gearing up for next year and are extremely excited to announce 2013’s conference will be held at the ‘heart of the country’ Birmingham in June 2013, (date and exact location to be confirmed). Please don’t miss out we are taking bookings now! Contact Sarah Quiney for further information s.quiney@bham.ac.uk or call me on 0121 483 1963 ... read more »

Welcome Message from our newly appointed Managing Director

02 October 2012 - I would like to open this issue by thanking the TEC Board for the opportunity to take the helm as Managing Director. I am very excited by the opportunity to manage a great team and to continue deliver ever higher quality services to members in an increasingly complex energy market. I have worked in the energy markets for almost 24 years now. During this time I have operated as both buyer and supplier, working in areas such as product development and sales, customer service, strategy and regulati ... read more »

TEC announce new Managing Director

07 August 2012 - The Energy Consortium (TEC), today announced the appointment of Richard Murphy as its new Managing Director with effect from 3rd September 2012. Welcoming his appointment, the Chairman of The Energy Consortium, David Sanders said; “I am delighted to welcome Richard as the new Managing Director of TEC. This appointment reflects our commitment to continue to provide member value through the continued development of our products and services. Richard brings with him a wealth of expertise, bot ... read more »

The Outcome.......TEC's Annual Conference

30 June 2012 - TEC’s Annual Conferences 2012 ‘Effective Conservation and Procurement’ June saw TEC’s key event of the year being run in both Leeds and London. Many members attended to listen to TEC’s line-up of inspiring key speakers on this year’s theme ‘Effective Conservation and Procurement’. Darryl Croft, from the Association for the Conservation of Energy, began the conference with a positive message regarding the UK’s conservation achievements. The UK ... read more »

TEC seeks a new Managing Director

08 May 2012 - The Board is seeking a Managing Director to lead the team of staff delivering a high quality energy procurement service to meet member needs, to exploit opportunities within the wider public sector and to further develop business growth. How To Apply Please send a CV and covering letter demonstrating your suitability for the role, along with a competed Equal Opportunities Monitoring Form to Lisa Evans on l.m.evans.1@bham.ac.uk or 0121 483 1960 Please click the below links to download the require ... read more »

Why You Should Attend the TEC Conference 2012

24 April 2012 - Why You Should Attend the TEC Conference 2012 What will you be doing this June to improve your knowledge of effective conservation and procurement? Make sure you come along to TEC’s annual conference! Why should you attend? The TEC conferences will be heldat the Leeds Royal Armouries Museum on Wednesday 20th June 2012 and at the London Imperial War Museum on Wednesday 27th June 2012. Don’t miss out on the event of the year! To book your place, please follow the event link or by call ... read more »

HEFCE Savings Report

01 April 2012 - HEFCE Savings Report Those of you with long memories may recall that The Energy Consortium was originally founded at the University of Warwick, but it was with seed funding from the Higher Education Funding Council for England that enabled it to commence growing into the organisation that it is today delivering best practice energy procurement to over 170 members in the education and wider public sectors. In response to our original sponsor’s faith in our abilities, TEC issues an annual re ... read more »

Association for Conservation of Energy headline TEC’s 2012 Annual Conference

29 March 2012 - Association for Conservation of Energy headline TEC’s 2012 Annual Conference This is the first in a series of emails to announce the impressive line up of speakers we have for you this summer at our annual TEC conferences, based on the topical theme ‘Effective Conservation and Procurement’. Andrew Warren, Director of the Association for Conservation of Energy, with his talk entitled ‘Better Energy Management Can Save the World (and quite a lot of money too)’. Andrew ... read more »

Flexible Restructuring

25 March 2012 - Flexible Restructuring When TEC first launched it’s flexible contract product it entered 2008 with just 9 flexible contracts in operation; today there is far greater awareness in the HE/FE sector of what flexible contracts are and the benefits that they can deliver. As a result of this change we are now on our 3rd generation of flexible contracts and there are currently 40 institutions using over 70 flexible contracts. This growth to date has been managed operationally by the Account Execu ... read more »

TEC’s Senior Account Executives offer insight on how to maximise your TEC membership

21 March 2012 - TEC’s Senior Account Executives offer insight on how to maximise your TEC membership To round up our email alerts announcing our key speakers at this year’s TEC conferences, we end on the note that our very own Senior Account Executives, Dean Marsh and Gary Ward, will be closing the event with a talk on the future of TEC strategy and products. Both Dean and Gary will be informing delegates on how The Energy Consortium will continue to strive to offer the best service offering to its ... read more »

TEC's response of the Ofgem Consulations on Retail Market Reform

21 March 2012 - TEC's response of the Ofgem Consulations on Retail Market Reform One of the methods by which TEC represents the interests of its membership is to respond to consultations and lobby specific bodies on subjects of interest. In the past quarter two activities of this nature have taken place. Our response to the Ofgem Consultation of Retail Market Reform can be summarised as; Support for greater transparency regarding commissions to be provided by Third Party Intermediaries (such as TEC) for the ... read more »

First-hand experiences with energy projects shared at this year’s TEC conference

14 March 2012 - First-hand experiences with energy projects shared at this year’s TEC conference After last year’s impressive feedback, we are planning on making this year’s TEC conference even bigger and better than before. This year we have the pleasure of hosting speakers from the University of Bradford and from Oxford University, to explain first hand recent projects that they have worked on. Russell Smith, Estates Manager, and Hilary Pape, Ecoversity Academic Pioneer, both from the Univer ... read more »

How safe is your reputation?

02 December 2011 - How safe is your reputation? By Brian Hornsby Many of you will be familiar with my views on the Government’s scrapping of the CRC Scheme’s revenue recycling and its retention of its Performance League Table (PLT) as merely a reputational driver. So, I couldn’t let publication last month of the inaugural PLT pass without comment. On November 8, the Environment Agency (EA) published the league table claiming over 60 per cent of organisations had taken steps to improve their energ ... read more »

TEC Energy Outlook

01 December 2011 - TEC Energy Winter Outlook Newsletter December, 2011 Prepared for: The Energy Consortium Although commodity prices have suffered widespread declines in recent weeks as the economy slows and mild weather weighs on demand, prices rose sharply through 2010 and the first half of 2011, supported by strong emerging market demand growth, the Arab Spring uprisings, impact on global oil balances, and the fallout from the Japanese earthquake and tsunami. Brent crude has been the key driver of longer dated ... read more »

New website functionality

28 November 2011 - New website functionality Recognising how much information we make available to you, we took a decision a few months ago to overhaul the way you upload and store files and have taken steps to simplify the process. From January, information will be stored in related sections or folders, rather than a simple list format. This should improve navigation significantly, enabling you to source relevant or new documents quickly, rather than scrolling through the screen. In addition, we’re creating ... read more »

Focusing on Flex

23 November 2011 - Focusing on Flex On 22 November we held our annual Flex Focus Group at Longbridge and had a good turnout of almost 20 people. This was our third such event and the increased attendance compared to our first forum reflects the growing switch there has been to flexible contracts. Indeed around 20% of our Members are now on flex. We had a good mix of people around the table from energy and environmental managers to finance directors. Peter Nesbitt of Utilyx summarised the past year but the main foc ... read more »

Government has delivered two ‘own goals’ with CRC, claims energy provider

12 October 2011 - The Energy Consortium (TEC) claims that changes made to the CRC Scheme post Comprehensive Spending Review (CSR) mean that proactive Carbon Managers are penalised twice; once because revenue recycling has been scrapped, and twice because allowances now have to be purchased for automated meter readings (AMR). TEC's Head of Carbon Advisory Service, Brian Hornsby said that pre-CSR there was some logic in the CRC Scheme’s approach to early action incentives. "Installing AMRs was market ... read more »

TEC Annual Conference 2012

01 October 2011 - For many of our university Members, the year 2012 will mean an Olympic effort on their part as they play pivotal roles in researching, training, hosting and supporting the teams competing in the London Olympic Games. We wish them every success as we do the British athletes. For us, 2012 will see us revisiting the venues we selected for this year’s annual conference to stage more winning performances! Our northern event being held at the Royal Armouries in Leeds will take place on Wednesday ... read more »

Trust us to deliver the facts on renewable energy

09 September 2011 - With energy prices continuing to rise and the future of nuclear power being questioned globally, there's never been a better time to look seriously at renewable energy generation. And with the Welsh Assembly firmly behind it, now's the time to explore technology options and financial schemes available such as the Renewable Heat Incentive (RHI). To give an overview of some of the technologies your university and college peers have adopted we've organised a special conference on Septem ... read more »

TEC announces conference programme on renewables

19 August 2011 - Last month we sent you details of the special conference we're hosting on September 28 at the Metropole Hotel in Llandrindod Wells on the theme of 'increasing renewable generation'. The topic itself has prompted widespread debate and strength of feeling throughout Wales in recent months and we recognize the need for organisations to secure future energy supplies but not at the expense of increased cost and administration or alienating local communities. The programme we've carefu ... read more »

TEC host important conference on increasing renewables - Wales

29 July 2011 - Increasing renewables is too hot a topic for you to miss out on in Wales, particularly in light of the recent EMR White Paper on the Government's commitment to diversified technologies to secure future energy supplies. But which technology is best? In June, we held successful conferences in England outlining alternative renewable options - with case studies- and cost and planning implications. We wouldn't want you excluded from such impartial, valuable advice so we're hosting a speci ... read more »

Renewables on the agenda! Are you part of the debate?

20 May 2011 - At the beginning of this month the Intergovernmental Panel on Climate Change claimed that renewable technologies could supply 80% of global energy needs by 2050 as well as reduce greenhouse emissions by a third, provided governments step up policies to stimulate investment and enable industries to grow substantially. Currently, renewable energy accounts for 12.9% of global supply and a business-as-usual approach will not be enough to bring about change. The question is, in which technologies sho ... read more »

Bulletin 07

04 May 2011 - The Energy's Consortium's response to DECC'S invitation to comment on the simplification of CRC. Whilst welcoming the opportunity to submit proposals to simplify CRC, it is noted that, presumably for administrative reasons, only a limited number of topics are on the table for discussion. The 5 topics can only be considered as "tinkering" with parts of the scheme rather than an overall simplification. The aim of the CRC scheme is, obviously, to reduce carbon emissions and th ... read more »

Bulletin 06

21 April 2011 - BUDGET - March 2011 The following is a section of HM Treasury Budget 2011 – HC863 March 2011 The full document can be found at - http://cdn.hm-treasury.gov.uk/2011budget_complete.pdf Carbon taxes 2.142 Carbon price floor – The Government announces a floor price for carbon in the power sector from 1 April 2013 to target a price for carbon of £30 per tonne of carbon dioxide in 2020. The floor will start at around £16 per tonne of carbon dioxide and the carbon price 64 Budge ... read more »

How does planning bow for siting a wind turbine?

05 April 2011 - We have first hand experience to be shared at our summer conferences in Leeds and London by Lancaster University. Director of facilities, Mark Swindlehurst, will present the challenges the university faced on both the site and planning, while head of infrastructure, Mike Sheppard, will reflect on turbine selection and connection. Mark has a real interest in sustainability and, with over 35 years in the building industry, we can expect some real insight from Mike on the sort of issues you could e ... read more »

What does the future hold for energy prices?

29 March 2011 - Recent developments globally have affected markets, so what are the prospects for the remainder of 2011 and what are the implications of the Government's electricity market reforms on future energy prices? The answers to these questions and more will be provided by Andrew Horstead from Utilyx who is our third guest speaker at both our Leeds and London conferences. Andrew has the unenviable responsibility of looking at future energy markets and is a regular media commentator on supply and dem ... read more »

Developments in the UK Energy Market

25 March 2011 - UK energy prices saw surprising strength towards the end of 2010, extending gains that have seen power and gas prices rise progressively since March 2010. Over that period front month NBP gas prices jumped 120% while Summer-11 gas firmed 59% hitting levels not seen since May 2009. With gas the dominant fuel source in UK power generation, movements in gas have fed through to UK power and similarly, front month power gained 53%, while Summer-11 was 36% higher than levels seen last March, by the en ... read more »

Capital funding for renewable generation with David Povall - 2011 TEC Conference

22 March 2011 - With investment capital severely constrained in the public sector, what are the alternative options available for renewable generation? Book your place at our 2011 conference and hear David Povall CEO of RES Enterprises debate the options. RES Enterprises is one of the world's leading independent renewable energy developers. David has worked extensively across the world in the energy sector and latterly in developing sustainable buildings and will reflect on the different renewable technolog ... read more »

HEFCE - Keynote Speaker at the TEC Confernece 2011

16 March 2011 - Taking to the stage at our Leeds event on June 22 will be HEFCE's Senior Policy Advisor, Joanna Simpson, who orchestrated the organisation's sustainable development strategy and who's a regular Government advisor. This is the first of a series of news articles to alert you to the impressive speakers we've got lined up to talk at our summer conferences on increasing renewable generation. We're thrilled that the Higher Education Funding Council for England (HEFCE) has agreed to ... read more »

Speakers announced for energy conferences

22 February 2011 - HEFCE to headline The Energy Consortium’s twin events this summer on renewable generation When The Energy Consortium (TEC) address the issue of increasing renewable generation at its northern and southern conferences this June, it will be joined on the conference platform by keynote speakers from the Higher Education Funding Council for England (HEFCE). Also contributing to the debate will be specialist consultancy Inbuilt and Lancaster University. The conferences are being held on June 22 ... read more »

Bulletin 05

26 January 2011 - CRC Energy Efficiency Scheme and the Comprehensive Spending Review 20th October 2010 BEFORE AFTER Revenue Recycling All revenue from the sale of allowances to be recycled to participants based on League Table position. All revenue from the sale of allowances will be retained by Government to "support public finances, including spending on the environment". Sale/Purchase of Allowances First purchase April 2011 in anticipation of 2011/12 emissions. Recycled in October 2011 based on 2010/ ... read more »

Leading at The Edge

12 November 2010 - David Oldham smiled; "We like to think of ourselves as leading edge not cutting edge; though a couple of times we have strayed into cutting edge territory". This was just one remark at the start of tour around Edge Hill University at which David is the Director responsible for Capital Developments; the tour had been organised as an information gathering exercise to support the forthcoming HEFCE/TEC Guide to Renewable Generation and Knowledge Hub. Edge Hill certainly has a reputation fo ... read more »

TEC Conferences 2011; historic events!

12 November 2010 - Our conferences next year will be held in two prestigious,historic venues; the Royal Armouries in Leeds and the Imperial War Museum in London. Delegates will get the dual opportunity of stepping back in time and touring the museums as well as looking to the future as we debate ‘Increasing Renewable Generation’ as our conference theme. By June 2011 we shall have the findings from the project we’re conducting with Harper Adams University College and the Universities of Lancaster, ... read more »

Focus group report on Flex

05 November 2010 - On 3 November, we held our inaugural, annual Flexible Focus Group meeting, which was attended by 20 delegates representing 10 of the 19 institutes currently running flexible gas/electric contracts. The objective of this meeting was to inform Members using flexible contracts of their performance to date, the strategies utilised, and strategic options that may be available for the future. The morning session consisted of presentations by TEC and Utilyx on a forward market review, the current and p ... read more »

LGM Grant

01 November 2010 - TEC is delighted to report on its success in the last round of Higher Education Funding Council for England ("HEFCE") LGM funding grant applications. £50,000 has been awarded by the HEFCE and TEC has agreed matching funding. We are embarking on a major study for the education sector which we hope that, once completed, will prove to be an essential guide for best practice renewable generation and be a knowledge hub for renewable generation projects in the future. We shall build th ... read more »

Bulletin 04

21 October 2010 - The following is taken from - Easy-to-browse Spending Review document - HM Treasury page 73 2.108 The CRC Energy Efficiency scheme will be simplified to reduce the burden on businesses, with the first allowance sales for 2011-12 emissions now taking place in 2012 rather than 2011.Revenues from allowance sales totalling £1 billion a year by 2014-15 will be used to support the public finances, including spending on the environment, rather than recycled to participants. Further decisions on a ... read more »

Ahead of publication of the CSR results The Energy Consortium presses the cost-savings message of buying ‘flexibly’

08 September 2010 - With only six weeks to go before the results of the Government’s Comprehensive Spending Review (CSR) are due to be published, The Energy Consortium (TEC) is gearing up to help its public sector members meet the massive demands expected to be set. TEC will be primarily encouraging public bodies visiting the Energy Event to upskill and procure their energy through flexible contracts, just like their private peers. TEC currently purchases gas and electricity for more than 85% of the UK’ ... read more »

Bulletin 03

26 August 2010 - This Bulletin is based on information contained in the Environment Agency’s Guidance on the CRC Energy Efficiency Scheme – Energy Generation, and Supply Rules. Note: - The supply of HEAT is not covered by CRC. Participants using the heat do not have to report or buy allowances for the primary input fuel used to generate the heat. EGC = Electricity Generating Credits EGC eligibility criteria An electricity generating process will be eligible for ECGs where the following criteria are m ... read more »

Procurement Policy Note - Use of Framework Agreements Set Up By Non - Contracting Authorities

12 July 2010 - OCG Action Note 15/10 12 July 2010 Issue 1. Some organisations that are not contracting authorities have either established or are attempting to establish arrangements described as frameworks agreements for use by contracting authorities across the public sector. These arrangements should not be used by contracting authorities - this PPN outlines the issues and risks for contracting authorities considering the use of these agreements. Dissemination 2. Please circulate this Procurement Policy Not ... read more »

Tall ships enthusiast to put his energy into carbon services for The Energy Consortium (TEC)

06 July 2010 - Brian Hornsby, the former energy co-ordinator at Loughborough University and ex-tall ship sailor, has been appointed head of carbon advisory services at TEC and his task is to advise Members on their EU Emissions Trading Scheme (ETS) submissions and registrations for the CRC Energy Efficiency Scheme. A retired chartered quantity surveyor, Brian has spent the past six years developing robust data collection and management systems at Loughborough University enabling it to better respond to Governm ... read more »

Bulletin 02 - Guide to Guidance on the Environment Agency

05 July 2010 - Description Pages Link 1 A Short introduction to the CRC Energy Efficiency Scheme 20 Link 2 Summary of steps needed to determine if you qualify 1 Link Qualification and registration Link 3 Am I in? -A Guide to qualification and organisational structure 54 Link 4 A guide for those organisations that have to Register as a Participant in the CRC 93 Link 5 Making an Informed Disclosure 34 Link 6 Glossary of Terms 19 Link Supporting guidance and Overarching Rules Link 7 Evidence Pack 65 Link 8 Source ... read more »

Utilyx Brief: Emergency Budget June 2010

22 June 2010 - Today George Osborne unveiled what he described as an ''unavoidable'' but ''progressive'' budget characterised by a raft of spending cuts and tax increases. In terms of energy and climate change policy, the industry is likely to be disappointed by the absence of clarity on several issues including the proposed Carbon Floor price and the Renewable Heat Incentive. Following the Coalition Government’s decision to abolish the Infrastructure Planning Commission w ... read more »

Speakers announced for The Energy Consortium’s summer roadshows

18 May 2010 - When The Energy Consortium (TEC) takes to the road next month for its inaugural roadshows it will be joined on the conference platform by keynote speakers from Encraft, Eversheds and the Office of Government Commerce (OGC). Three conferences addressing ‘Supporting sustainability in education and the wider public sector’ are being held in Leeds, Bath and London. Matthew Rhodes of Encraft headlines each event and will address renewables generation and the feed-in tariff system. Cassie ... read more »

Bulletin 01 - Carbon Advisory Service

01 May 2010 - CRC Energy Efficiency Scheme – Registration Starts 1st April The Energy Consortium has established a Help Desk to respond to members queries, circulate information, share problems and their resolution. Contact Brian Hornsby at tec-carbon@btconnect.com and 07583 040 073 CRC - Qualification Qualification is based on electricity supplied through Half Hourly Meters during 2008 If your institution had one or more Half Hourly Meter, you will need to act. If consumption, during 2008, through all ... read more »

The Energy Consortium (TEC) wins tender to power six of the UK’s most popular museums

23 April 2010 - Birmingham, UK, 23 April, 2010 – The Energy Consortium (TEC) has won its first major tender in the public sector since being confirmed as a Pan Government public buying organisation (PBO). The tender, which it jointly presented with its service provider Utilyx, is to provide gas and electricity contracts for four of London’s top tourist attractions; the V&A Museum, the Science Museum, the Natural History Museum and the Museum of Childhood, as well as the National Railway Museum a ... read more »

The Energy Consortium (TEC) announces summer roadshows

14 April 2010 - Instead of holding one major conference, The Energy Consortium (TEC) has announced it’s taking to the road this June and hosting three roadshows at universities throughout the UK, focusing on ‘Supporting sustainability in education and the wider public sector’. The roadshows are targeted at energy procurers/managers in both higher and further education as well as the wider public sector. TEC’s decision to host regional roadshows was made after research conducted of its me ... read more »

Developments in the UK energy market Spring 2010

25 March 2010 - The New Year started with a bang. Just as the market was getting complacent and singing the virtues of an oversupplied market and how low could the market go, along came the coldest winter snap in 30 years covering the UK in a blanket of snow and lifting NBP gas demand to record levels and prices up to 60p/th, levels not seen since February 2009, forcing National Grid to issue a gas balancing alert on four separate occasions. The GBA’s were a call to market to source more gas and for indus ... read more »

CRC energy efficiency scheme conference

01 February 2010 - The CRC Energy Efficiency Scheme (previously known as the Carbon Reduction Commitment) is a new, mandatory, energy saving and carbon emissions reduction scheme for the UK. CRC Energy Efficiency Scheme Conference The CRC Energy Efficiency Scheme (previously known as the Carbon Reduction Commitment) is a new, mandatory, energy saving and carbon emissions reduction scheme for the UK. The CRC starts in April 2010. If you qualify for CRC, you must register as a Participant or make an Information Disc ... read more »

CRC energy efficiency scheme stakeholder update

30 January 2010 - On the 19th January, the draft CRC Energy Efficiency Scheme Order 2010 was laid in the UK and Scottish Parliaments and in the National Assembly for Wales and Northern Ireland Assembly. It is subject to the approval of all four Administrations before it comes into force from April 2010. CRC Energy Efficiency Scheme Stakeholder Update Dear Stakeholder, A number of new CRC documents are now available: Draft CRC Energy Efficiency Scheme Order 2010 On the 19th January, the draft CRC Energy Efficiency ... read more »

Low prices prove hard to resist

10 November 2009 - With recent low prices, TEC has been busy making energy purchases for its flexible contracts as far out as the Winter season for 2011; as a result of this all members of TEC’s Flexible Gas Basket now know exactly what price they will paying for their gas in the academic period 2009/2010. As TEC also benchmarks an equivalent FPFT price at the beginning of each contract these institutes can effectively report to senior management the consequences of moving to a flexible contract as opposed t ... read more »

The Energy Consortium (TEC) appoints Rocket Creative

12 September 2009 - The Energy Consortium (TEC) appoints Rocket Creative marketing agency Not for profit purchasing body retains agency to improve its service delivery to HE, FE and the wider public sector. Birmingham, UK, 24 April, 2009 – The Energy Consortium (TEC), which, up until now has exclusively procured energy services for higher and further education establishments has just appointed East Midlands marketing agency, Rocket Creative, to rebrand and assist with the introduction of its new contracts acr ... read more »

Prominent speakers lined up for conference and exhibition

01 September 2009 - Prominent speakers lined up for The Energy Consortium’s autumn conference and exhibition. Balancing individual choice with the power of collaborative purchasing headlines the event. Birmingham, UK, 26 August, 2009 – The Energy Consortium (TEC) will be joined on the conference platform this autumn by eminent speakers from bodies like the Office of Government Commerce (OGC) and the Association of University Directors of Estates (AUDE). The conference, which takes place on November 11 i ... read more »

Education sector’s fast learning the benefits of adopting smarter energy procurement

12 August 2009 - The Energy Consortium (TEC) reports a groundswell in take-up by educational bodies of aggregated, flexible and risk managed procurement since the OGC actively started promoting it in June Birmingham, UK, 24 July, 2009 – The Energy Consortium (TEC) has just signed up five UK universities to its ‘Flex Energy Contracts’ and attributes winning the new business to not only the cost-saving message of flexible over fixed contracts finally getting through but also TEC’s recent re ... read more »

Not for profit energy procurer increases

19 July 2009 - The Energy Consortium (TEC) powers up its national team Not for profit energy procurer increases its staffing levels to improve service delivery. Birmingham, UK, 30 July, 2009 – TEC has made three strategic appointments to strengthen its national representation as well as creating a new marketing post. Rejoining the not for profit organisation are David Thomas and Gary Ward, while the new face on board is Kathryn Baldock. Former contracts support officer (CSO) Sarah James has been made mar ... read more »