COVID-19 Statement

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As the situation around Coronavirus (COVID-19) continues to evolve, EnergyAce would like to provide all our customers and partners with key information regarding our ongoing response to the outbreak.

The safety of our staff, customers and all our partners is our highest priority and we are taking the advice of Public Health England and the NHS to ensure we follow the latest guidelines.

We continue to support all essential operations and currently operating with a skeleton staff and home working to respond to all urgent orders, breakdowns and emergencies.

EnergyAce have the ability to operate the business remotely and in the coming weeks, some staff will be working from home while utilising conference calling software, client-facing meetings will be rearranged via “Microsoft Teams”, “Sype” or similar.

We recognise that many businesses rely on our support, we have great stocks of components and we will endeavour to support when needed while taking account of the latest advice.

Please do not hesitate to keep in touch although meantime please take care and keep well.

Gary, Eileen & all the team at EnergyAce

Your Weekly Energy Market Report 24/03/2020

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NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here

In this week’s energy market report, we can see that the UK’s gas system opened long on Friday morning, with healthy levels of Norwegian and European continental flows reported. More people have started to work from home in the last few weeks which means that forecasted demand levels for domestic consumers has been underestimated by National Grid. The announcement from Boris Johnson yesterday was that stricter measures are now being put in place to stop people from leaving their homes, unless it is absolutely essential.

Temperature forecasts have predicted cooler weather in the last few weeks, however there was warmer weather at the weekend which is expected to continue for the foreseeable future. High levels of renewable yesterday have aided downward movements with Wind generation currently making up 29% of the generation stack.

GBP was up against the Euro and the Dollar this morning following the UK government’s decision to lower interest rates to a 325-year low – from 0.25% to 0.1% to attempt to keep the UK economy afloat as COVID-19 continues to dampen domestic spending and economic forecasts.

Please click here to read the rest of this weeks energy market report.

Please click here to see the official EnergyAce statement regarding COVID-19.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

Your Weekly Energy Market Report 10/03/2020

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NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here

In this week’s market report, we can see that the UK System is short thus far this week as demand sits just below seasonal norms and storage send out remains low. Wind generation is strong again today making up around 24% of generation stack but electricity supply is heavily reliant on gas powered generation at 45%.

Temperature forecasts adjusted back to seasonal norms on Monday, with just a spot of warmer weather expected today, although rain is still present. The rest of the week is set to follow with seasonal norms expected.

Significant movements in Oil prices this morning have seen the commodity plunge 31% in its worst loss since 1991 amid price war concerns. Global markets have been impacted by the threat of a price war between oil exporting group OPEC and its main ally Russia.

On the back of continued global fears surrounding the Coronavirus outbreak and now significant drops in oil, investors have been selling stocks in a global markets amid the uncertainty. The Coronavirus has had a significant impact globally, with Italy being on lockdown and major sporting events being cancelled.

Please click here to read the rest of this weeks energy market report.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

Your Weekly Energy Market Report 03/03/2020

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NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here

In this week’s energy market report, we can see how milder temperatures are having an effect on the UK gas demand. Last Friday brought milder temperatures than we have seen recently and an increase in the level of wind generation, the UK system was much more balanced as gas demand reduced to the seasonal average. Norway flow remained strong at 108mcm with LNG send out just shy of 70mcm.

The decrease in demand also meant that UK Storage withdrawals fell in line to match up with it. Wind levels have increased so far this week and make up around 12% of the current generation stack with renewable sources adding up to over a quarter of the total mix.

Brent Crude Oil prices are now attempting to recoup lost ground after there were losses of c. $7/bl last week due to the Coronavirus outbreak, which continues to spread and affect trade. The prices increased by 2.75% after opening yesterday morning.

Please click here to read the rest of this weeks energy market report.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

Fuel Poverty Awareness Day Results

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EnergyAce is a proud patron of National Energy Action (NEA) and has been for over 6 years, supporting the great work that it does across the UK in helping to eradicate fuel poverty from households.

Back on the 29th November we posted to support the NEA on Fuel Poverty Awareness Day, a national initiative with the goal of raising awareness of fuel poverty and the solutions that are available to help those in need.

The day itself was in the same week that it was revealed 23,200 extra people died in Winter 2018/2019, which has been described as a “badge of shame”.

The day also launched the Warm and Safe Homes Campaign, with the NEA continuing to raise awareness over the winter about the issue of fuel poverty and the solutions available.

As much as we wish that the day wasn’t needed in the first place, it was great to see the amount of support on social media for the NEA.

The results of the day generated fantastic exposure for the charity:

– 1108 posts on social media

– 539 individuals and organisations supporting on social media

– 5.2 million reach of social media messaging

– 46 online and print articles referencing fuel poverty awareness day

– 65 million potential reach from online and print media messaging

The results were double the previous years, with individuals and businesses pledging their support, however there is still a lot of work needed to put a stop to fuel poverty.

To talk about energy saving solutions, please call 01695 559785 or email post@energyace.co.uk

Your Weekly Energy Market Report 25/02/2020

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NEW YOUR WEEKLY ENERGY MARKET REPORT Welcome back to those who have been following our weekly report and welcome to all new visitors. To follow us and to read the detailed weekly report on energy intelligence click here

In this week’s market report we can see there has been a continuation of the effect of current global issues and the impact they are having on the market. There was a change in the weather with much milder weather forecasts leading to a lower gas demand than normal.

However, there has been higher wind generation levels recorded through Storm Ciara and Storm Dennis resulting in less pressure on the UK’s gas system to meet heating and gas demands. The expectation of a further 14 LNG cargoes reaching the UK by 15th March ensured a bearish picture for short-term contracts, filtering through to front seasonal prices.

An increase in the number of Coronavirus cases in South Korea and China led to a further fall in the prices of Brent Crude early on in Friday’s session. Commodity prices have seen a substantial hit over the past couple of weeks with oil prices seeing a 4% slide on demand concerns as the virus continues to spread.

Brent Crude prices had lifted to just below $60/bl after the US reported a smaller than anticipated stock build but these gains were quickly wiped out as the virus continues to spread with cases increasing around the world.

Please click here to read the rest of this weeks energy market report.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

Your Weekly Energy Market Report

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NEW YOUR WEEKLY ENERGY MARKET REPORT To follow us and to read the detailed weekly report on energy intelligence click here

When looking at your energy bills, it is interesting to see how many different factors influence the total cost of your delivered energy. Topical subjects like coronavirus a seamingly unrelated global issue can have a significant effect on the rise and fall of market prices.

The UK has been on high alert in the past week with Storm Dennis approaching and increases in peak wind generation helped to cut demand from gas-fired means of generation in balancing the UK’s demand/supply quandary on Friday, ensuring a healthily supplied National Grid.

Temperature forecasts in the UK are set to increase meaning that the UK’s gas demand for heating purposes has come to halt. High winds persisted over the course of the weekend and are expected to last throughout the week.

Brent Crude Oil prices traded steadily on Friday, balancing predictions of impending OPEC-led supply cuts against concerns that the Coronavirus would continue to impact on Chinese and global demand for the commodity, with first quarter oil demand already confirmed to have fallen significantly year-on-year, according to the IEA.

Elsewhere, EUA Carbon prices continued to trade above the 24.30 mark added some bullish support across curve. The British Pound continued to trade above significant psychological levels against both the Euro and US Dollar, above €1.20 and $1.30 respectively.

Please click here to read the rest of this weeks energy market report.

To discuss energy saving solutions and to find out more about how you can increase savings and reduce carbon emissions, please call 01695 559785 or email post@energyace.co.uk

Energy Saving Tips For Business’

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The cost of energy is expensive and it is increasing day by day. Energy costs are a significant proportion of most businesses’ outgoings, so it is essential to keep the costs under control and reduce them where possible, to maximise business growth and profitability in the future.

Almost all businesses in this country are leaking energy – studies by the Carbon Trust show that energy savings of up to 20% are possible for businesses meaning that there is not only a financial saving to be made but a chance to help the environment as well by reducing waste energy. Many business do not deliberately waste energy however significant savings can be made in almost every business. The key is for businesses to identify opportunities on making savings.

EnergyAce Comes of Age 18 Today

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EnergyAce is 18 years of age this week and it only seems like yesterday since Gary Vizard & Eileen Vizard incorporated the business in January 2002

Originally named as Power Efficient Systems Ltd, the company was incorporated to address the growing need for businesses to become more energy efficient, reduce carbon emissions and to reduce energy costs in the face of growing energy bills.

Thankfully most of the developed world seems finally to have woken up to the dangers of harmful emissions and although there is still a long way to go, great strides have been made with a view to meeting the Committee on Climate Change recommendations to target net-zero greenhouse gases for the UK by 2050.

The company has changed over the years with new innovative products, improved services and a stronger overall proposition to help companies reduce energy costs and harmful emissions, the development of the EnergyAce brand later saw the company change its name to align with its success.

Power Efficient Systems Ltd became EnergyAce in 2018 and below shows how the company logo has evolved since 2002.

power factor correction voltage optimisation voltage stabiliser

For more information on EnergyAce, energy reduction systems like power factor correction, voltage optimisation and other energy reduction technologies, contact EnergyAce on 01695 559785 or email post@energyace.co.uk

Power Economy Ltd

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Just like Triggers Broom, power factor correction systems can last forever when a planned maintenance program is in place to ensure long term trouble free operation

Power factor correctio systems manufacturer by Power Economy Ltd of Bahama Rd, Haydock in the 80s and early 90s still feature heavily in the industrial and commercial sectors of the UK, this longevity is great testament to the quality of components used with 3TK44 Siemens power factor correction switching contactors and Vishay capacitors, this trend has been continued with EnergyAce utilising quality components from the same manufacturers.

EnergyAce regularly maintain Power Economy Ltd power factor correction systems and harmonic filters throughout the UK and overseas

Power Economy Ltd ceased to trade in the UK following its sad demise in the late 90s with some of its employees later joining Power Efficient Systems Ltd (now EnergyAce) in 2002 who picked up warranty issues and planned power factor correction maintenance contracts.

This attention to planned maintenance has allowed many of the Power Economy Ltd power factor correction systems to remain functional today and still offering great value for money when you think of the return the systems have provided in energy savings and greenhouse gas reduction since the 80s & 90s.

For more information on Power Economy Ltd, power factor correction maintenance and associated power quality products and services, contact EnergyAce on 01695 559785 or email post@energyace.co.uk

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