100Green

Last updated
100Green
Company type Utility company
IndustrySustainable energy
Founded2001
Headquarters Ware, Hertfordshire
Key people
Doug Stewart, CEO
Products Gas
Electricity
Website www.greenenergyuk.com

100Green, operating as Green Energy (UK) Ltd, is a British independent-energy company based in Ware, [1] Hertfordshire. It was established in 2001 by CEO Douglas Stewart. [2] The company provides Ofgem-certified renewable electricity and green gas to domestic and business customers throughout Great Britain. It is currently the only energy supplier in the UK to offer 100% green gas. [3]

Contents

100Green is distinct from Green Supplier Limited and Green Network Energy, which ceased trading in 2021. [4]

About

100Green offers 100% green gas to both domestic and business customers. It has a special exemption from Ofgem's price cap due to its commitment to renewable energy, which incurs higher operational costs. [5] 100Green was the first private UK company to distribute free shares to its customers, [6] a program that has since ended, but some customers remain as shareholders.

Fuel mix

The EKO Tariff offered by 100Green has received independent certification from EKOenergy, a global non-profit ecolabel focused on renewable energy. This ecolabel signifies that the consumed energy meets extra sustainability and quality standards set by a network of environmental NGOs.

In January 2017, 100Green introduced the UK's first time-of-use tariff, TIDE (Time-of-Use, Interval, Dynamic, and Environmental). TIDE encourages customers to optimize their electricity consumption by utilizing electricity during periods of reduced demand when prices are more cost-effective, facilitated by using smart meters for electricity consumption. [7]

Generators

Before the formation of 100Green, a limited number of its 650 generators were active. These generators, approved by Ofgem, utilize diverse energy sources including waste, biomass, solar, small hydro, wind, combined heat and power (CHP), and anaerobic digestion. [8] The gas supplied by 100Green is certified under the Green Gas Certification Scheme. The company focuses on purchasing only UK-sourced renewable electricity and green gas, excluding brown energy and nuclear from its offerings.

Awards

Related Research Articles

<span class="mw-page-title-main">ScottishPower</span> Scottish energy company

Scottish Power Limited, trading as ScottishPower, is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola.

The Renewables Obligation (RO) was designed to encourage generation of electricity from eligible renewable sources in the United Kingdom. It was introduced in April 2002, both in England and Wales and in Scotland albeit in a slightly different form: the Renewables Obligation (Scotland). The RO was later introduced in Northern Ireland in April 2005. In all cases, replacing the Non-Fossil Fuel Obligation which operated from 1990.

<span class="mw-page-title-main">Office of Gas and Electricity Markets</span> United Kingdom government non-ministerial department

The Office of Gas and Electricity Markets (Ofgem), supporting the Gas and Electricity Markets Authority, is the government regulator for the electricity and downstream natural gas markets in Great Britain. It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).

<span class="mw-page-title-main">Good Energy</span>

Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that provides services in the electrification of transport and decentralised renewable energy generation such as domestic solar panels. The company is also an energy retailer, and built a portfolio of wind and solar generation which was sold in 2022. Founded by Juliet Davenport, its CEO is Nigel Pocklington.

<span class="mw-page-title-main">Energy policy of the United Kingdom</span> United Kingdom legislation

The energy policy of the United Kingdom refers to the United Kingdom's efforts towards reducing energy intensity, reducing energy poverty, and maintaining energy supply reliability. The United Kingdom has had success in this, though energy intensity remains high. There is an ambitious goal to reduce carbon dioxide emissions in future years, but it is unclear whether the programmes in place are sufficient to achieve this objective. Regarding energy self-sufficiency, UK policy does not address this issue, other than to concede historic energy security is currently ceasing to exist.

E.ON UK is a British energy company and one of the largest suppliers of energy in the UK, following its acquisition of Npower. It is a subsidiary of E.ON of Germany and one of the Big Six energy suppliers. It was founded in 1989 as Powergen, and was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It has been a subsidiary of E.ON since 1 July 2002.

<span class="mw-page-title-main">Green electricity in the United Kingdom</span>

The availability and uptake of green electricity in the United Kingdom has increased in the 21st century. There are a number of suppliers offering green electricity in the United Kingdom. In theory these types of tariffs help to lower carbon dioxide emissions by increasing consumer demand for green electricity and encouraging more renewable energy plant to be built. Since Ofgem's 2014 regulations there are now set criteria defining what can be classified as a green source product. As well as holding sufficient guarantee of origin certificates to cover the electricity sold to consumers, suppliers are also required to show additionality by contributing to wider environmental and low carbon funds.

OVO Energy Energy supply company based in Bristol, United Kingdom

OVO Energy is a major energy supplier based in Bristol, England.

Shell Energy Retail Limited was a British consumer gas, electricity and broadband provider. Formerly a subsidiary of Shell, the business was acquired by Octopus Energy in December 2023.

A feed-in tariff (FIT) is paid by energy suppliers in the United Kingdom if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. The FIT scheme was imposed on suppliers by the UK government, and applied to installations completed between July 2009 and March 2019.

Co-op Energy is a membership-owned British energy supply company based in Warwick that began trading in 2010. It sells renewable electricity and gas to its ethically concerned member owner/customers and is an established large operator, an alternative to the Big Six energy suppliers. Constituting half or more of the Your Co-op Utilities division of its parent society Midcounties Co-operative, Co-op Energy is the only co-operative supplier in the British market, meaning supplied customers can voluntarily acquire an ownership share and thereby receive rights to influence the governance of the business, stand for election and have a say in formulating the products it offers.

The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers.

<span class="mw-page-title-main">Solarplicity</span> Energy supply company in the United Kingdom

Solarplicity Energy Limited was a renewable energy company based in Hertfordshire, England. In August 2019 the company became the 13th energy supplier to collapse since 2018, affecting around 7,500 domestic and 500 business customers.

<span class="mw-page-title-main">Spark Energy</span> Scottish energy supply company

Spark Energy was an electricity and gas supplier in the United Kingdom, established in 2007 and headquartered in Selkirk, Scottish Borders. Its operating company Spark Energy Supply Ltd entered administration in November 2018, and industry regulator Ofgem appointed OVO Energy to take over Spark Energy's 290,000 customer accounts; OVO continues to run Spark as a separate brand, but is in the process of migrating all its customers to the SSE brand.

<span class="mw-page-title-main">Robin Hood Energy</span> Not-for-profit energy company (2015–2020)

Robin Hood Energy was a not-for-profit energy company launched in September 2015 by Nottingham City Council as a competitor to the "big six" energy suppliers in the United Kingdom. The company supplied gas and electricity nationally to homes and businesses until September 2020, when its customer accounts were sold to Centrica, the parent company of British Gas.

<span class="mw-page-title-main">Our Power</span> Former United Kingdom energy company

Our Power was an energy supply company backed by the Scottish government, one of the first in the UK to operate on a non-profit distribution basis. Our Power was entirely asset-locked, being owned by social housing providers, community organisations and local authorities.

<span class="mw-page-title-main">Bulb Energy</span> British energy supply company

Bulb Energy Ltd., trading as Bulb, was an energy supply company in the United Kingdom acquired by Octopus Energy in 2022. Founded in 2013, the company attracted venture capital from DST Global and Magnetar Capital and ran at a financial loss while achieving rapid growth in customers. Bulb claimed to provide electricity and gas from renewable or off-set sources. As of November 2021, it had a share of approximately 5-6% of the UK energy market and was considered the seventh largest in the country.

Octopus Energy Group is a British renewable energy group. It was founded in 2015 with the backing of Octopus Group, a British asset management company. Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. Octopus is the UK's largest supplier of electricity to domestic customers, and the second largest in domestic gas.

<span class="mw-page-title-main">Consumer green energy program</span> Program that enables households to buy energy from renewable sources

A consumer green energy program is a program that enables households to buy energy from renewable sources. By allowing consumers to purchase renewable energy, it simultaneously diverts the utilization of fossil fuels and promotes the use of renewable energy sources such as solar and wind.

<span class="mw-page-title-main">Pure Planet</span>

Pure Planet was a British energy supply company 24% owned by BP. The company, which was founded in 2015 and based in Bath, England, supplied electricity and gas to domestic customers in the UK. It ceased trading on 13 October 2021 following BP's withdrawal of support. On 17 October, Ofgem appointed Shell Energy as the new supplier of Pure Planet's customers.

References

  1. Stewart, Doug Sunday Times "How I Made it", Green Energy UK
  2. King, Charlie (2023-08-06). "100Green offer 100% green gas and renewable energy to the UK". energydigital.com. Retrieved 2024-01-09.
  3. King, Charlie (2023-08-06). "100Green offer 100% green gas and renewable energy to the UK". energydigital.com. Retrieved 2024-02-18.
  4. "Green Network Energy and Simplicity Energy go bust". 28 January 2021. Retrieved 2021-09-29.
  5. "Decision to grant Green Energy (UK) Limited a limited derogation from standard licence conditions 22B and 22D of the electricity and gas supply licences". Ofgem. 2023-05-04. Retrieved 2023-12-05.
  6. "Green energy firm gives free shares to reward customers". www.telegraph.co.uk. Retrieved 2023-06-28.
  7. Ward, Andrew (2 January 2017). "Households offered first time-of-use energy tariff". Financial Times.
  8. Ingrams, Sarah (2023-10-25). "Which? Eco Provider energy companies revealed for 2023 - Which? News". Which?. Retrieved 2023-12-05.
  9. "Which? reveals new Eco Providers for energy". Which? News. 2021-10-21. Retrieved 2022-01-12.
  10. Ingrams, Sarah (2023-10-25). "Which? Eco Provider energy companies revealed for 2023 - Which? News". Which?. Retrieved 2024-03-26.
  11. "Ethical Consumer, Issue 189, March/April 2021". www.ethicalconsumer.org. Retrieved 2021-04-16.
  12. "Cisco/Real Business magazine "Customer Kings Winner of Winners" Green Energy UK" (PDF). Archived from the original (PDF) on 2011-07-11. Retrieved 2010-05-05.