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Posts on ‘January 2nd, 2020’

Powerful new players enter the utilities sector

Jeroen van Hoof: 2 January 2020

Oil and gas companies are entering the utilities market—aiming to take advantage of rapid market transformation

In the last few years, an increasing number of International Oil Companies (IOCs) have entered the utilities sector—especially those with headquarters in Europe.

Shell, for example, has taken a series of strategic decisions to grab a share of this market. The company has now installed more than 10GW of generating capacity in North America, of which one-third is from renewable resources.  It has also invested in offshore wind near the Netherlands, acquired First Utility in the UK to supply gas and energy services to domestic consumers, and entered the US supply market through MP2 Energy, while also buying into US and Asian solar power generation through EV vehicle charging and battery technology… read more

Shell’s SEG tariff comes across as a mealy-mouthed offer

Shell Energy’s offer of 0.001p/kWh is not just insulting to small-scale renewables, but frankly unworkable. As it stands, Shell’s SEG tariff merely comes across as a mealy-mouthed attempt at avoiding a slapped wrist at the hands of Ofgem.

Published: 2 Jan 2020, 12:03

By: Alice Grundy: Junior reporter, Solar Power Portal

Smart Export Guarantee (SEG) tariffs have been unveiled after the legislation came into full effect yesterday (1 January 2020), with pricing ranging wildly from Social Energy’s 5.6p per kWh down to the barely-compliant 0.001p per kWh that Shell Energy is offering.

Under the SEG, suppliers with over 150,000 domestic customers were required to launch an export tariff on or before 1 January 2020. Social isn’t required to launch a tariff due to the supplier having less than 150,000 domestic customers, but already offers export payments of 5.6p per kWh to its customers, making its offering top of the league table for export payments. Likewise, Green Network Energy is also offering its tariff on a voluntary basis. read more

Mary Hensley, President of Shell Energy North America

Extract from an article headlined: 6 Fast-Growing Women-Led Companies to Watch in 2020

January 2, 2020

3. Enspire Energy

What They’re Doing: Mary Hensley is the president and a founding partner of Enspire Energy, a gas services company that supplies industrial, commercial and government clients. The company, which was founded in 2005 and acquired by Shell Energy North America in 2009, was relaunched in 2014 under Hensley’s leadership. Today, it is now entirely staffed by women. Hensley credits the company’s emphasis on long-term relationships for its success — and the $81 million it made in revenue last year. read more

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