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Scottish Power is a vertically integrated energy company based in Glasgow, Scotland. It is a subsidiary of Spanish utility firm Iberdrola.
The Renewables Obligation (RO) is designed to encourage generation of electricity from eligible renewable sources in the United Kingdom. It was introduced in England and Wales and in a different form in Scotland in April 2002 and in Northern Ireland in April 2005, replacing the Non-Fossil Fuel Obligation which operated from 1990.
Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire. Its principal activity is the supply of electricity and gas to consumers in the United Kingdom and Ireland. It also provides energy solutions and trading to businesses worldwide.
The Association of Electricity Producers (AEP) was a trade association for the United Kingdom electricity market. It had approximately 90 members, including electricity generation companies and those offering support services.
Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that generates and purchases renewable electricity, and supplies green electricity and gas to homes and businesses throughout the UK. Its CEO is Juliet Davenport. Good Energy was founded to help homes and businesses be part of a sustainable solution to climate change.
The current energy policy of the United Kingdom is the responsibility of the Department for Business, Energy and Industrial Strategy (BEIS), after the Department of Energy and Climate Change was merged with the Department for Business, Innovation and Skills in 2016. Energy markets are also regulated by the Office of Gas and Electricity Markets (Ofgem).
E.ON UK is a British energy company. E.ON UK is the largest supplier of energy and the largest supplier of renewable electricity 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.
Distribution network operators (DNOs) are companies licensed to distribute electricity in Great Britain by the Office of Gas and Electricity Markets.
Npower Limited is a British supplier of gas and electricity to homes and businesses. It is a subsidiary of E.ON UK after being acquired in January 2019. It was formerly known as Innogy plc. As Innogy plc it was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.
The Non-Fossil Fuel Obligation (NFFO) refers to a collection of orders requiring the electricity Distribution Network Operators in England and Wales to purchase electricity from the nuclear power and renewable energy sectors. Similar mechanisms operate in Scotland and Northern Ireland.
Solar power represented a very small part of electricity production in the United Kingdom (UK) until the 2010s when it increased rapidly, thanks to feed-in tariff (FIT) subsidies and the falling cost of photovoltaic (PV) panels.
Green electricity in the United Kingdom. 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.
Renewable energy in the United Kingdom can be divided into production for electricity, heat, and transport.
BritNed is a 1,000 MW high-voltage direct-current (HVDC) submarine power cable between the Isle of Grain in Kent, the United Kingdom; and Maasvlakte in Rotterdam, the Netherlands.
OVO Energy is an energy supply company based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK. By June 2017 OVO had 680,000 customers, an increase of 10,000 over the previous year, representing a 2.5% domestic market share. In November 2018, OVO Energy acquired one of its largest competitors, Spark Energy. Although at first one of over 15 smaller energy companies competing with the Big Six which dominated the market, in January 2020 OVO completed the acquisition of the retail arm of SSE, becoming itself one of the Big Six and the country's third-largest domestic energy supply company.
APX Group (APX) is an energy exchange operating the spot markets for electricity in the Netherlands, the United Kingdom, and Belgium. Established in 1999, APX provides exchange trading, central clearing and settlement, and data distribution services as well as benchmark data and industry indices. APX has over 180 members from more than 15 countries. In 2014, a total volume of 92 TWh of energy was traded or cleared by APX.
The Utilities Intermediaries Association (UIA) is a trade body for UK Third Party Intermediaries (TPIs) in the business energy sector. Registered with the Trade Association Forum it is a company limited by guarantee and runs as a not-for-profit organization, which all TPIs; also known as energy brokers or consultants,, which facilitate the purchasing of electricity and gas between their clients and energy suppliers can join. Business energy TPIs work on behalf of businesses, providing a range of services such as procurement, query resolution, bill checking and energy management etc. in exchange for fees usually factored through the energy suppliers. This had led some TPIs to compromise their neutrality so they can earn the most commission through bias toward the suppliers that pay the most.
The Nuclear Industry Association (NIA) is the trade association for the civil nuclear industry in the United Kingdom. It represents more than 260 companies across the nuclear supply chain. The diversity of NIA membership enables effective and constructive industry-wide interaction. It publishes the quarterly magazine, Industry Link and it represents over 65,000 workers in the industry.
Bulb Energy Ltd., trading as Bulb, is a privately financed energy supply company operating in the United Kingdom, Texas, Spain, and France. Bulb is based in London. Bulb began trading in August 2015, buying and selling electricity and gas to supply domestic properties. It is one of over 70 smaller energy companies competing with the "Big Six energy suppliers" which dominate the UK market. Bulb competes on price, offering a single variable tariff. It supplies 100% renewable electricity and 100% carbon neutral gas. Attracting venture capital, Bulb runs at a financial loss while achieving rapid growth in customers.
Octopus Energy is a UK-based retail electricity and gas supplier specialising in sustainable energy. It was established in 2015 as a subsidiary of Octopus Group, a British asset management company. As of February 2021 the company had over 2 million domestic and business customers, as well as providing software services to other energy suppliers. Octopus Energy has operations in the UK, Germany, and the USA.
References
- ↑ "House of Commons - Business and Enterprise - Written Evidence". publications.parliament.uk. Retrieved 2021-04-19.
- ↑ New energy trade body kicks off 2 April 2012
