If you are running a business and you want it to be successful then it stands to reason that you need to look at all aspects of your spending and make sure that everything you use is as efficient as possible. In order to be a successful business you need to make as much profit as possible. You can be selling loads of products but if your outgoings don’t cover this (and more) then your business is never going to be a success.
One of the biggest expenses for most business is the cost of their utility bills such as business electricity. Whether your work premises are large or small it stands to reason that utilities such as water, gas and electricity are going to be used more than an average house. This means that if you can cut these down and save money on them then you have more chance of being able to turn a profit. In order to make sure that you get the costs of this down as much as possible you need to shop around and look for a reliable business electricity supplier. It is important to use a specialist business electricity company because they are going to be able to offer you the most competitive tariffs when it comes to your business electricity needs.
Finding a business electricity supplier to help you should not be too much hassle and as long as you are willing to shop around and compare quotes then there is no reason at all why you shouldn’t be able to find a business electricity tariff to suit you. This will help you make sure that your outgoing costs are as affordable as possible.
So if you are looking to save money and bring down the costs of running a business then you need to start shopping around for a reliable and affordable business electricity supplier today
Scotland is to sign a renewable energy deal with renewables giant Masdar, based in Abu Dhabi, in the first agreement of its kind between Masdar and an individual nation.
The arrangement will see Scotland’s Energy Technology Partnership, a union of 12 Scottish universities, partner with The Masdar Institute to develop new technologies in wind, solar, wave and tidal power.
First minister Alex Salmond is visiting the capital of the United Arab Emirates next week to sign the “ground-breaking” partnership at the 5th annual Worlf Future Energy Summit.
He will be there alongside other world leaders, such as UN secretary general Ban Ki-Moon and Premier Wen Jiabao of China.
Westminster is only sending Lord Howell of Guildford, the Foreign Office Minister responsible for International Energy Policy.
Masdar. an Abu Dhabi state-owned company, was set up five years ago to wean the oil-rich state away from its dependence on fossil fuels and invest in renewable energy projects.
It has a multi-billion pound capital fund for investment in projects across the world, some of which Salmond hopes will end up in Scotland. He was in the country two months ago, negotiating the deal.
After all, according to Fortune magazine, Abu Dhabi is the richest city in the world.
The first minister said: “This is the first agreement of its kind between Masdar and an individual nation and will work towards developing further university research into renewable energy.
“This landmark deal rightly puts Scotland firmly at the forefront of the green energy revolution and I look forward to this relationship between Scotland and Masdar growing and delivering for all our global futures.”
Masdar has several major projects, the most astonishing of which is Masdar City. Situated 17km from downtown Abu Dhabi, this high-density, pedestrian-friendly development is being constructed to be self-sufficient in renewable energy, to test and showcase clean technologies.
It hosts The Masdar Institute, developed in cooperation with the Massachusetts Institute of Technology, and its students are the city’s first residents.
The deal is part of a growing relationship between the regions. In November, Alex Salmond opened the Dubai International Academic City (DIAC), Heriot-Watt University’s new ￡35m (ED200m) purpose-built campus and visited the Masdar Institute.
He said at the time that “this 21st century campus will quite rightly help establish the high quality reputation of Heriot-Watt University in the United Arab Emirates and will pave the way for the University’s expansion in the region and further afield”.
Illustrating the strategic nature of the relationship, Lena Wilson, Chief Executive of Scottish Enterprise, added that “by collaborating with Dubai we can proactively make it easier for Scottish companies to trade within the UAE, ultimately boosting the Scottish economy”.
Source : http://www.link2portal.com/scotland-sign-renewable-energy-deal-masdar-world-summit?utm_source=http%3a%2f%2ftenalps.communigatormail2.co.uk%2ftenalpslz%2f&utm_medium=email&utm_campaign=Energynewsletter_12.01.12&utm_term=Electric+racer+unveiled+that%27s+as+fast+as+Formula+1+&utm_content=763621
Two leading figures in the UK energy industry have said that it is “not possible” for energy costs to drop in Britain.
Speaking on Jeff Randall Live on Sky News, chief executive of npower, Volker Beckers, said costs cannot be any lower than today because commodity prices are always rising.
Mr Beckers said: “Will they (costs) be lower than they are today? That is not possible anymore.
“We see that commodity prices go up and we now reduce our dependence on commodity costs, so our dependence on gas, on coal, on oil, will go down by the day.”
Steve Holliday, Chief Executive of National Grid, which provides the backbone to Britain’s energy supply added: “In any scenario, it is hard to imagine that the costs of our energy are going to be lower than they are today.
“It is not the real world. People should be honest with consumers. Energy costs are going up.
“The challenge for the Government and industry is how to keep those cost increases as low as possible.”
Npower produces a tenth of the UK’s electricity output
Their comments come as energy regulator, Ofgem, says Britain needs £200bn worth of investment by 2020 to keep the lights on and make our energy supply greener.
That is double the rate of investment seen in the UK over the previous two decades.
In order to encourage and secure these investments, the energy bosses called on the Government to form a coherent energy policy.
Mr Volkers told Jeff Randall: “What is now needed is action. We need certainty and consistency.”
He continued: “We need to ensure that whatever we invest into, is technology which is ensuring that the industry in the UK is competitive and at the same time affordable to consumers.”
By 2020, 15% of the UK’s energy needs must be met by renewable sources such as wind and solar power to meet European directives.
Currently, sustainable energy only produces 7-8% of Britain’s energy requirements. The Government has expressed that more subsidies and green taxes are needed.
National Grid chief, Mr Holliday, explained: “We are still not getting on with energy efficiency.
He said: “The technology is there today to reduce our energy consumption of electricity and gas in this country by 25-30%.
“That is part of what we need to do in renewing and refurbishing our buildings, changing our lighting systems, changing our heating systems.
“The way in which we will keep some of these things under control is by consuming less energy ultimately.”
The High Court has ordered a judicial review of the government’s proposals to cut feed-in tariff payments for solar photovoltaic installations.
With the Committee on Climate Change also saying this week that there is no way the Green Deal will work, as presently designed, government plans to reduce UK carbon emissions are falling into disarray.
FiTs cut challenge success
Following a legal challenge by Friends of the Earth and two solar firms, Solarcentury and HomeSun, the High Court agreed yesterday afternoon that proposals to cut feed-in tariff payments for any solar scheme completed after 12 December, eleven days before the current consultation closes tomorrow, were unlawful.
Friends of the Earth’s executive director Andy Atkins said the “botched” proposals were “jeopardising thousands of jobs”.
“Ministers must now come up with a sensible plan that protects the UK’s solar industry and allows cash-strapped homes and businesses to free themselves from expensive fossil fuels by plugging into clean energy,” he said.
He agreed with the government that “solar payments should fall in line with falling installation costs”, which have almost halved in the last two years, “but the speed of the government’s proposals threatened to devastate the entire industry”.
Jeremy Leggett, chairman of Solarcentury, also welcomed the decision, saying: “We encourage the secretary of state to accept the judges’ very clear ruling, not plunge the industry into a further period of uncertainty by considering going to appeal”.
There seemed to be no sign of that happening last night. Climate change minister Greg Barker said the government would be seeking an appeal, and hoped to secure a hearing as soon as possible.
“Regardless of today’s outcome, the current high tariffs for solar PV are not sustainable and changes need to be made in order to protect the budget which is funded by consumers through their energy bills,” he added.
FoE is also calling for more money to encourage solar installations, to be paid for by the revenue the industry raises for the Treasury, the removal of planned restrictions that would prevent poorer households from installing solar panels and more support for community-owned schemes.
Green Deal “will fail”
On Monday, Lord Adair Turner, who announced this week that he is resigning as chair of the Committee on Climate Change in order to focus on his role as chair of the Financial Services Authority (FSA), wrote to Greg Barker and the secretary of state Chris Huhne, expressing concern about the detail of the Green Deal and Energy Company Obligation (ECO).
He slammed the current proposals as being “an inefficient way of spending ECO funding”, which would not cut energy bills for householders or enable the government to meet its carbon budgets.
He pointed out that DECC’s own draft Impact Assessment projects show that between 2013 and 2020, six million lofts and 6.3 million cavity walls must be insulated.
But the government itself estimates that just 700,000 lofts and 1.7 million cavity walls will be insulated under the ECO.
Yet this policy is supposed to account for much of the cost-effective potential to improve energy efficiency in the residential sector.
Lord Turner therefore proposes that the current Carbon Emissions Reduction Target (CERT)’s targets for insulating lofts and cavity walls be included in its proposed replacement, the ECO.
This would make it much more likely that target emission reductions would be achieved (e.g. 4-5 MtCO2 in 2020, rather than 2 MtCO2 as currently projected).
Lord Turner adds, “a less energy efficient housing stock would raise costs and risks of investing in renewable heat” (under the Renewable Heat Incentive), because electric heat pumps work less efficiently in poorly insulated homes.
He rejected DECC’s argument in the impact assessment that including loft and cavity wall insulation in the ECO would crowd out the Green Deal finance, saying that there is enough money to achieve this if the energy companies and Green Deal providers have appropriate incentives, which he describes, to keep costs down.
Lord Turner’s replacement as chair of the CCC is expected to be appointed by the end of March.
No one is policing EPCs
Further doubt on the ability of the Green Deal to meet its targets is cast by Mike Ockenden of the Property and Energy Professionals Association, writing in the current print edition of Energy and Environmental Management magazine.
He points out that there is only one local authority in the country, East Sussex, which is still monitoring the adequacy of Energy Performance Certificates (EPCs). These are the documents which will be used to estimate the energy efficiency of homes and buildings under the Green Deal.
A similar situation applies to Display Energy Certificates (DECs), which are meant to be displayed by public buildings over 1000 ft.². Many of these do not have a DEC, and yet not one has been prosecuted for this omission.
Trading Standards Offices are supposed to police the situation, and yet their departments have had their funding cut and enforcement activity has ceased completely, says Mr. Ockenden.
Without a monitoring system in place, and certification available to purchasers of homes to show how energy efficient they are, the nation’s energy consumers are being forced to consume more energy and have higher bills.
At the root of all of these troubles for the government’s energy policies can be found the spending cuts and the dispute between the Treasury and the Department for Energy and Climate Change over budget allocations.
This dispute looks set to continue in 2012, with the low carbon industry sectors looking anxiously for the reassurance they need that their future is secure.
Wholesale electricity prices will rise by at least 40 per cent over the next ten years, according to a survey of leading industry figures.
More than 90% of those questioned in the survey to mark the 10th anniversary of independent generation consolidator SmartestEnergy said they believed prices in 2021 will be higher in real terms than in 2011. Fewer than one in ten respondents said they expected wholesale prices to be the same or lower.
The Power Predictor 2021 survey was carried out among independent generators, energy buyers and brokers.
More than a third (35%) of those questioned said they believed wholesale prices will be between £70-£79.99/MWh. A further 29% predicted prices will hit at least £80/MWh, more than 60% higher than currently. Only 8.4% believed prices will be the same or lower than today.
The average price predicted was just over £70/MWh compared to the £49/MWh average seen over the past year – an increase of 43%.
“While it is impossible to forecast with any certainty what will happen over the next decade, it is clear from our survey that many in the industry are bracing themselves for significant increases,” said Robert Groves, Chief Executive of SmartestEnergy which is the UK’s leading purchaser and supplier of electricity from the independent sector.
“Wholesale prices have already more than doubled since SmartestEnergy was founded in 2001 and a continued upward trend presents major challenges as well as exciting opportunities for the energy entrepreneurs we work with.”
Environmental campaigner Jonathon Porritt, keynote speaker at a reception staged at the Swan at the Globe in London to mark SmartestEnergy’s anniversary, predicted the next decade would see “astonishing changes” in the way energy is generated, stored, distributed and consumed.
“Right now we are only in the foothills of what is going to happen in terms of innovation over the next decade. It won’t be a slow, incremental, unfolding process but a revolution,” said Porritt, the former director of Friends of the Earth who went on to co-found Forum for the Future, the UK’s leading sustainable development charity.
He made a number of predictions about how the energy sector will develop by 2021 including grid parity for solar PV being achieved within five years time and the rapid development of carbon capture and storage projects.
“The impacts of green policies are increasingly causing concern, both in terms of the likely scale of the impact on energy bills for major consumers and the continuing uncertainty about a number of mechanisms designed to support renewable investments,” comments Jayesh Parmar, Partner at Baring Partners. “There is a need for concerted focus and conclusion across environmental and industrial policy so we can set targets that are achievable without damaging Britain’s industry. We view the £250m support for energy intensive industries as recognition that there is growing realisation of this issue, although it is a relatively small sum when considered against the over 200TWh of energy taken by major consumers in the UK. We also await details of how this fund is expected to operate.”
Businesses and communities across Britain will be able to apply for a heat tariff payment, ushering in a new era of clean green heat technology, said Greg Barker. The world’s first Renewable Heat Incentive (RHI) is open to applicants from Monday 28 November, providing payments for heat generated from renewable technologies including biomass boilers, solar thermal equipment and heat pumps installed since 15 July 2009. Recipients will be paid up to 7.9p per kWh for biomass boilers, 8.5p per kWh for solar thermal and up to 4.5p per kWh for heat pumps.
Energy and Climate Change Minister Greg Barker said: “The RHI will usher in a new era in clean green heat technology. It’s a world first and has the potential to put the UK at the forefront of a vibrant new green technology sector. Renewable heat will be a big win for our economy – it will support thousands of green jobs, reduce our dependency on imported fossil fuels, reduce our carbon emissions and help us meet our renewable target.”