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- 26 February 2010
UK Energy Brokers could have a brand new product to market soon to the commercial energy market, because on the day that British Gas gets rapped over record profits, a brand new energy saving product is released in the United States. A Silicon Valley based company called Bloom Energy, has finally launched its new commercial energy brokers product the Bloom Energy Server, that could change the way companies buy business energy in the future. The Bloom Energy Server is a large metal box about the size of a small van, which can generate electricity from a wide range of different fuels, and at the same time producing very low greenhouse gas emissions. This could be a new type of renewable energy source, and unlike traditional renewable energy sources such as wind turbines and solar panels, each solution produces a constant source of energy for years, which could allow companies to be self sustaining or even disconnect themselves from the national grid. What Is The Bloom Box The product that has been dubbed the “power plant in a box”, is in fact a new type of large fuel cell, capable of generating 100 kilowatts of electricity, which uses solid oxide fuel cells, which generate electrical power through an electrochemical reaction between oxygen and an additional fuel such as natural gas, ethanol gas and even landfill gas, which causes electrons in the cell to flow through the ceramic materials which in turn generates an electrical current to power businesses or homes.
The Future Market – The shape of things to come Will this new product be the start of the end for traditional forms of energy generation, and could this lead eventually to every business and home having there very own mini power plant on site. Well only time will tell, for the time being this product remains out of the price range of most small businesses, and its long term viability and reliability remain to be seen. We would like to see how the market takes to this new product over the coming months and what rival competitors now bring to the market following this launch. This new technology, like anything will develop over time and once mass produced, we will see the cost point come down to a level that makes it viable for everyone. We don’t expect this to ever be a perfect solution but it could make a big difference to future generations and go along way to a reliable and sustainable form of energy. In Summary With the pending introduction of the UK carbon reduction commitment scheme, it is highly likely that we are going to see a big uptake in these new types of technology as business energy brokers look to advice clients on reducing their overall carbon emissions in the future. Many questions on the reliability and the long term value of this product remain to be seen. However we look forward to seeing what happens in the future, and what additional technology breakthroughs bring to the market. - 21 February 2010
How to find out if you have a half hourly meter – So how do you know if you have a half hour meter? It’s actually quite straight forward, and all you will need to find this out is a recent copy of your electricity bill. It doesn’t have to be the latest half hourly electricity invoice, any recent bill will do. Then on your invoice you need to find your meter point reference number or MPAN for short. This is a numerical version of your tariff and supply point details, and is unique to your supply. This is how half hourly suppliers’ mange to identify your supply details and price up your electricity requirements. The MPAN is a series of numbers, normally in a box and usually identified with a large S at the front. In nearly all cases theses number are split up into two lines with 8 numbers at the top and 13 numbers at the bottom. Youtube - How to find out if you have a Half Hourly meter? The bottom line is the part that’s unique to your half hour supply, and this is how your supply details are used by a supplier. It’s actually the top part that allows you to identify if you have a half hourly meter. And you need to look at the first two digits of this top line, if these two digits are both zeros then you have a half hourly supplied meter and you will need to speak to a specialist half hourly supplier such as Catalyst in order to obtain comparative quotes. If these two numbers are not “00” then it will be one of these – “03,04,05,06,07,08” which indicate that you have a non half hourly meter or NHH supply. In some cases if you have a very small supply then it may fall into a domestic meter profile which is indicated as a “01 or 02” on your bills. The thing to note here is that if your not sure if you have a half hourly supplied meter, then you can always just ring your supplier and ask them. Some suppliers deliberately don’t show the top line on invoices any more for exactly that reason. As it offers a reason for you to engage with them, and gives them the ability to up sell additional services. If you want to compare half hourly suppliers or need help in identifying if you have a half hourly meter, please feel free to contact a member of our team. - 15 February 2010
UK business gas suppliers will be happy today after the announcement from Ofgem that it has issued the first ever license to build a new gas storage facility under the Irish Sea. It is reported that over twenty redundant salt caverns will be used to store UK gas supplies for future use. (more…) - 10 February 2010
Business Gas Prices can be difficult to understand, as there are many different types of pricing structures available. You could simply ring around and obtain gas prices direct from suppliers, but it can be difficult to compare gas suppliers once you have the offers in. They all operate on different time scales, and because the prices vary daily, it can be very difficult comparing business gas suppliers. (more…) - 9 February 2010
Half hourly electricity meters are large commercial electricity supplies that have an average peak electricity demand greater than 100kW in any three months of the previous year. And it is very simple to check if you have a half hourly electricity meter, simply refer to your most recent copy bill and look for your meter reference number, if this begins with “00” then you have a half hourly electricity meter. (more…) - 8 February 2010
If you are a business owner, finding a cost effective commercial gas supplier can be difficult. Comparing commercial gas and business gas prices doesn’t have to be complicated, particularly if you use an independent expert such as Catalyst to guide you through the process. (more…) - 7 February 2010
Oil prices plunged in a busy trading session on Friday, triggering big losses across the commodities markets, as investors went back to buying into the US dollar. Crude oil prices did have a partial recovery, with March US Light oil futures contract settling at $71.19 a barrel on the NYMEX, down 2.7%, while in London, Brent crude oil futures for March delivery dropped to close trading at $69.59 per barrel on ther ICE Futures Exchange. (more…) |
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