Drax Energy Solutions

Being aware of market developments, and understanding them, helps you make the best-informed decisions – for your own organisation and your customers. Get the Intelligence you need on commodity prices and third party costs with our new summary guide 👉 https://lnkd.in/e9cj3MKk

Our March newsletter is out now! Our top stories this month include... ✍ Your Spring Electricity Prices Explained summary guide 🤝 Our new Corporate Power Purchase Agreement product 📈 Wind becomes Britain’s largest source of electricity – Electric Insights 👏 Naomi Jane Nye named one of the Top Women in EV for 2025 💡 Which electricity meter is best for your business? Read it in full below 👇

"The consumer will benefit from a more competitive rate for their electricity usage." 👀 Metering Governance Manager, Martin Brooks explores the benefits of half-hourly metering for customers, explaining why they're a great choice for businesses of all sizes 🤝 The Market-wide Half-Hourly Settlement programme will help to make the UK energy sector more efficient, accurate, smarter and therefore more cost-effective 📈 Read our latest article, linked in the comments, to learn more about the different types of meters 👇

The Spring edition of our Electricity Prices Explained (EPE) guide (previously called the Third Party Costs – or TPCs – guide) is out now. 👉 Since our Autumn update, the energy market has undergone various changes, and there’s continued uncertainty around new costs. Our summary guide provides an overview of commodities and TPCs, a cost breakdown for 2025-26, and the forecasted trend for key TPCs. 📉 ✔️ Download the summary guide with the link in the comments 👇

2024 was another landmark year for Britain’s power system. Wind became the largest source of electricity, the first time in its 120-year history that a fossil fuel was not on the top spot 🤯 Coal was the largest source of generation each year until the 1984 miner’s strikes ❌ Since then, either gas, oil or coal has been the largest source, until finally in 2024 a form of clean power became the single largest source 💚 To find out more about the UK’s power sources, download the full Electric Insights report by searching ‘Q4 Electric Insights’ on our website, or by following the link in the comments 👇

Energy efficiency can play a significant role in meeting your organisation’s financial and environmental targets 🤔    With flexible energy use, you could benefit from:  💸 Cost savings  💸 Cost avoidance  💸 Revenue generation    See if you could build flexibility into your electric assets 👇 

We had a great time hosting an exclusive consultant event yesterday. After a welcome from Sales and Marketing Director Paul Miller, our partners had an afternoon of insight, including: ⚡ A demand flexibility update from Jake Miller, Electric Assets Lead, including how to tap into the different revenue streams available. 🌏 A deep dive into Corporate Power Purchase Agreements from Callum O'Reilly, CAIA, Renewable Strategic Originator, including the benefits and current market environment. 💡 An exclusive preview of our upcoming Electricity Prices Explained guide from Daniel Starman, Energy Market Lead. Want to be at the next one? Get in touch to register your interest 📩

We're at MEUC Buying and Using Utilities Live next week! 👀 This event will tackle challenges in the energy and water sector, featuring expert-led sessions from the biggest players in energy and water management 🙌 Want to attend? Register here 👉 https://lnkd.in/ehEfPpHs

In response to the need for UK businesses to have simplified, accelerated access to Corporate Power Purchase Agreements (CPPAs), we're delighted to launch our new #CPPA product. 📢 We’ve built a bespoke solution that makes it easier for our business customers to access this growing market. CPPAs from Drax provide... ✅ Effortless contracting ✅ Price stability ✅ Reliability and choice ✅ Risk management ✅ Renewable energy access Learn more about the product and this announcement with the link in the comments 👇

We installed an above-target surplus of 570 meters in 2023, and last year’s over-achievement totalled 1,042 meters 🏆 We’re helping to speed up the transition to a decentralised and decarbonised smart energy grid that makes the country more energy efficient ✅