17/05/2021

Article

Our May issue of Energy Insight has gone live – with a range of experts bringing each of our usual written articles to life in a dynamic one-hour webinar.

As ever, there’s lots going on in the worlds of energy policy and industry charging. And our webinar brings all the key developments together to give you an overview of the issues likely to impact your business over the coming year and beyond.

If you weren’t one of the 200+ participants who joined us for the live event last week, you can now watch a recording of the webinar here.

Please feel free to also share it with colleagues.

As well as presentations from members of our own team, we were delighted to welcome Arjan Geveke, Assistant Director of Energy Policy at the Department of Business, Energy & Industrial Strategy (BEIS).

In just 55 minutes, the webinar covers:

  • Ofgem’s Targeting Charging Review (TCR) delay: what the recently-proposed deferment to forthcoming changes to electricity transmission charges mean, and how this will impact your business. Plus how the new TNUoS/DUoS* charging bands will work.
  • Extra non-commodity costs for businesses: why supplier failures have pushed up Renewables Obligation charges – and how this will be managed going forward. Plus National Grid’s recent balancing charges calculation error explained, and the likely cost implications for business consumers. Also, find out what this means for customers on fixed contracts.
  • Capacity Market news: the impact of the record-prices achieved in the latest capacity auction – and what it’s likely to mean going forward, including growing opportunities for your business.
  • Demystifying business energy policy: BEIS’s Arjan Geveke summarises the key points that your business needs to be aware of from the recent flurry of government announcements – and outlines the current step-by-step plans for reaching Net Zero. He also outlines more detail to come this year that will make Net Zero more tangible to businesses.

Our experts also had time to answer an interesting selection of questions from business participants at the end.

We’ve had some really positive feedback, including: “Great to hear all the key energy-related information that will impact my business in one place” and “A really invaluable and informative session – and less than an hour too”.

If it raises any queries about how these developments will impact your business, please do get in touch with your Client Lead (existing customers) or contact our team via nBS@npower.com.

And if you’d like to sign up for notifications of our future Energy Insight webinars, please register below:

Need help with your business energy?

0800 677 1611

Request a Callback >