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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

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 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.

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

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

It’s been all things Christmas over the past two weeks at one of our suported charioies Wigan Youth Zone with both Junior and Senior parties and Christmas market which collectively attracted over 600 young people in one weekend.

The following weekend Wigan Youth Zonewe hosted the very special Family Christmas Meal which provided over 200 guests with a full Christmas experience at a time of great need.

The event was only made possible by over 100 people who volunteered in the run up to and on the event, over 40 different individuals/companies/organisations who donated all the gifts and items for the hampers and to Newburgh Foods Limited, M.A. Forshaw and Marks and Spencer (Wigan) for donating all the food.

Wigan Youth Zone also released their own Christmas number 1 (if we do say so ourselves!) – click here to view it; I promise you won’t regret it (especially the outtakes at the end J).

EnergyAce has been a proud patron of NEA for over 6 years, supporting the great work that it does across the UK.

Today is Fuel Poverty Awareness Day – coordinated by National Energy Action to raise awareness about fuel poverty and the solutions available. It is shocking to hear that in our country some people cannot afford to keep warm in their homes with 1 in 10 households struggling this winter. Many people have to make the decision to either heat their homes or feed their families. Something needs to change.

In the North West of England alone, there were over 2,900 excess winter deaths in 2018/2019 and each winter at least 11,400 people die directly due to cold homes. Many of those that have died over the past year will have been unable to heat their home because of a low income or poorly insulated home. One person who suffers the worst effects of fuel poverty said, “Sometimes I only wash once a week, because we can’t afford it. I hate the way I live”.

The most effective solution to ending fuel poverty is by creating energy efficient improvements to properties. For more information on the energy saving solutions offered by EnergyAce, please visit www.energyace.co.uk or call 01695 559785.

Also taking place today is the BBC’s General Election debate with 7 party representatives, and EnergyAce will support the NEA in calling on them to put fuel poverty on the agenda. Please particularly look out for NEA tweets on this first thing and anything you can do to share or bring to the attention of the BBC Debate Team would be fantastic (#BBCDebate / #GE2019). The press release on this will also be available on NEA website at www.nea.org.uk/media/news/

Finally, earlier this week, the Excess Winter Mortality statistics were released and highlighted that 23,200 more people in England and Wales died in winter 2018-19 compared to the rest of the year. While the figures have dropped, it remains a huge problem with a lot more work needed. You can read the press notice here [also Wales-specific and Welsh-language version].

Friday was one of the proudest days in the lives of Gary & Eileen Vizard of EnergyAce Ltd, the company welcomed Sir Lyndsay Hoyle MP and Deputy Speaker of the House to open their brand new purpose built manufacturing facility in Chorley Lancs.

The Grand Opening ceremony was conducted by Sir Lyndsay Hoyle with guest speaker Jonathan Lawson from the Goldman Sachs 10KSB development program who along with the Directors helped EnergyAce celebrate their success story with over 100 businesses & people who have been and continue to be part of their enviable growth.

Incorporated in 2002, EnergyAce are specialists in energy reduction and a manufacturer of unique energy saving systems. To help celebrate their move from Skelmersdale to Chorley, they had their first ever employee Gordon Iverson in attendance along with Roy Outran of PQSL (acquired by EnergyAce in 2013), their first ever customer.

The new facility boasts a modern manufacturing facility, fantastic training suite and is one of most energy efficient facilities on the planet reducing Electricity costs by 78%.

The directors of EnergyAce would like to thank all who attended the Grand Opening Day, for more information on energy reduction, contact the team on 01695 559785 or browse this website for details on power factor correction, voltage management, voltage optimisation, harmonic filtration and on line metering and monitoring.

When did the power factor correction system trip?

The power of both online remote metering and power factor correction is demonstrated in the graph above, the customer has an 800A three phase supply and following unplanned outages engaged with EnergyAce to create a solution and alternative to installing a new larger supply.

EnergyAce remote metering and monitoring established the supply was overloaded and the company had an estimate of £900K for a new larger supply although the EnergyAce solution to improve the power factor and reduce currents without switching any machines off line was around £12K installed.

Without the power factor correction in circuit the supply is in danger of overload as EnergyAce reduces the circuit currents by around 400A per phase from 750A to 350A per phase as demonstrated in the graphs.

Following many years of trouble free operation, the period of high current on the graph was a result of the power factor correction system tripping due to a control circuit fault. The fault was picked up immediately by the EnergyAce monitoring system and an engineer was dispatched to rectify the problem within the same day.

The combination of online remote metering, power factor correction and a good maintenance response averted an unplanned outage and large financial losses due to lost production.

The benefits of power factor correction are clear, it not only reduces stress on the local infrastructure, it saves money in many ways:

1. Reduces penalties like reactive power charges and wattles charges
2. Reduces maximum demand and associated excess capacity and availability charges
3. Reduces kw/h on electricity bills 
4. Reduces circuit currents by 50% on a power factor of < 0.50pf

For more information on the benefits of power factor correction, planned maintenance programs and remote metering and monitoring, click on the links below or contact our offices on 01695 559785 or emailpost@energyace.co.uk

More information on power factor correction
More information on power factor correction maintenance programs
More information on remote metering and monitoring

BIU in association with EnergyAce are presenting an SECR Masterclass.

Learn all about the Streamlined Energy & Carbon Reporting compliance obligations and gain an insight on how to turn the obligation into profit.

These are formal CPD accredited events to bring you up to speed with the new legislation and how it can impact your energy efficiency and reporting goals and objectives.

To book your event and to see all listings, please visit Eventbrite by clicking on this link

London (September)

• British Library
• Thursday 26th September
• Morning and afternoon.

Manchester

• Chill Factore, Trafford Park
• Thursday 10th October
• Morning and afternoon. 

Birmingham

• The National Conference Centre (NCC), opposite the NEC
• Thursday 24th October
• Morning and afternoon. 

London (November)

• British Library
• Thursday 14th November
• Morning and afternoon. 

The morning session starts at 10.00am, with arrivals and registration between 9.30-10.00am.

Lunch is served 12.30-1.30pm with the opportunity to network with morning and afternoon session delegates.

The afternoon session starts with lunch and networking at 12.30pm, with arrivals and registration between 12.00-12.30pm. The masterclass commences at 1.30pm for the afternoon session and concludes by 4.30pm.

To book your event and to see all listings, please visit Eventbrite by clicking on this link or for more information contact our offices on 01695 559785 or email us post@energyace.co.uk

Grant Funding for Energy Efficiency Projects (Lancashire)

30% Grant funding is available for eligible companies to implement EnergyAce energy reduction projects and to support resource efficiency projects that reduce electricity, raw materials and gas etc.

A 30% capital grant up to a maximum of £25K is available for eligible companies that must be classed as a small to medium enterprise (SME) and located in Lancashire.

Qualification is as follows:

• Located in Lancashire
• Less than 250 full time equivalent employees (36 hrs/wk)
• Less than €50m turnover or €43m balance sheet
• Charities can be supported if they are a social enterprise and not reliant on funding 

Conditions:

• Deferred payment, therefore projects cannot be retrospectively funded where commitments have already been made
• Funding is issued under De Minimis (companies should not have exceeded €200,000 of support)
• Advisors provide fully funded assessments to identify savings and support applications

For more information on grant funding and 0% finance options throughout the UK, contact our offices on 01695 559785 or email post@energyace.co.uk

For more information on Lancashire Chamber grant funding, please click onto this link or contact our offices.