Energy supplier GDF SUEZ Energy UK has signed a Power Purchase Agreement (PPA) with SITA UK for electricity produced from a 16MW energy-from-waste facility which will be constructed in Cornwall. The agreement will allow GDF SUEZ Energy UK to purchase the electricity and Levy Exemption Certificates (LECs) generated by the facility for a period of 15 years, starting in 2016 when the facility is scheduled to achieve commercial operation.
The state-of-the-art energy-from-waste facility, situated in St Dennis, Cornwall, will have a capacity of up to 240,000 tonnes of waste per year, which will generate electricity for the equivalent of around 21,000 homes. It significantly reduces the reliance on landfill, and will achieve green-house-gas emissions reductions totalling approximately 85,000 tonnes of CO2 equivalent per year.
This is the second long term PPA that GDF SUEZ Energy UK has signed with SITA UK, the first being for the 17.6 MW energy-from-waste plant currently being built in the Billingham area of the North East which is expected to come online in 2014.
David Park, Director of UK Retail at GDF SUEZ Energy UK said: “This new agreement with SITA UK, part of the GDF SUEZ Group, demonstrates the strength of GDF SUEZ in the UK and the ability this gives us to bring renewable energy to our customers”
The MEUC have developed a survey with suppliers to help assess the willingness of consumers to contract for commercial interruption with their supplier. The results will be used in discussions with Ofgem in relation to their Gas Significant Code Review (SCR).
To complete the survey please click here
Business energy supplier GDF SUEZ Energy UK is strengthening its engagement with energy brokers of all sizes by joining the Utilities Intermediaries Association (UIA), the trade body that represents energy consultants, brokers and other third-party intermediaries (TPIs).
Anna Cowell, TPI Relationship Manager at GDF SUEZ Energy UK, says: “We are keen to build closer relationships with brokers. We also want to provide a supplier’s perspective in debates and forums at the UIA, and to support the development of an independent Code of Practice for the TPI sector, which will give customers greater confidence when dealing with energy brokers.”
The UIA is an independent, not-for-profit body, which works with organisations across the energy industry to improve relationships and understanding. It is developing a revised Code of Practice for brokers, following a review process that invited feedback and recommendations from brokers, suppliers and customers.
Anna continues: “If any Code of Practice is to be workable and universally adopted, we believe that it needs to be developed and agreed by all stakeholders. That’s why we’re delighted to be part of the UIA and contributing to the development of its new code.”
Gill Walton, Communications Director at UIA, says: “It’s great to have GDF SUEZ Energy UK on board. It’s hoped that their involvement in the UIA, along with other suppliers, will help to improve understanding and communication between suppliers and the broker community, and build greater working relationships that will benefit business customers across the UK.
“The views and input of all players are essential when we are dealing with issues that impact on the reputation of energy brokers and the service they provide to customers. We look forward to working closely with GDF SUEZ Energy UK as we develop our improved Code of Practice.”
Offering flexible energy purchasing options to customers of all sizes represents the future of the energy market, according to specialist energy supplier GDF SUEZ Energy UK.
As GDF SUEZ Energy UK celebrates the 10th Anniversary of its introduction of the groundbreaking flexible purchasing model to the UK energy markets, it says innovation and flexibility are more important than ever in the current economic climate.
It has now announced the launch of enhanced flexible purchasing options to businesses that could not previously access such products. The move means GDF SUEZ Energy UK customers consuming from 10 GWh annually can now access flexible purchasing at a market price and/or at a day-ahead price. The product enables them to make transactions in multiples of a tenth of a MW or in full MWs.
Meanwhile GDF SUEZ Energy UK’s packages for larger businesses have also been improved, meaning they can now also set reference volumes in units of a tenth of a MW, leaving them able to more closely match purchases to specific demand.
Andy Cooper, Head of Sales at GDF SUEZ Energy UK said: “Businesses want their purchasing options to be as flexible as possible as this allows them to be able to spread their purchasing across the year to help them manage market volatility. Our flexible purchasing options were introduced ten years ago to the UK market in order to allow businesses to be less exposed to changing energy prices, and better placed to manage their energy spend alongside their risk management strategy.
“This approach is so popular and so successful, that we have seen demand growing for a similar solution amongst a far wider range of our customers. Benefiting from detailed, expert knowledge of the energy markets is no longer purely for the largest businesses and we are delighted to be able to bring this innovation to the marketplace. Ten years after GDF SUEZ Energy UK launched the first ever flexible electricity product in the UK, we continue to innovate, develop and evolve our offering to ensure we stay at the forefront of the market, offering a highly flexible product range to meet the needs of industrial and commercial businesses of all sizes.”
Specialist energy supplier GDF SUEZ Energy UK has underlined its commitment to providing class-leading customer service with the launch of a major benchmarking project aimed at assessing customer service performance and customer satisfaction levels.
GDF SUEZ Energy UK has launched the project by joining the Institute of Customer Service, which works with its members to provide best practice advice and to help raise service standards for the benefit of customers.
GDF SUEZ Energy UK will be starting with a specifically designed self-assessment employee survey, with a customer satisfaction survey following closely afterwards. The findings of the surveys will be collated and will form the basis of developing action plans for improving customer service, in collaboration with the Institute of Customer Service.
Progress made against the action plans will be monitored via future surveys and will allow GDF SUEZ Energy UK to work towards achieving the Institute's ServiceMark accreditation - a customer service industry standard.
David Park, Director of UK Retail at GDF SUEZ Energy UK, said: 'For our customers, Institute membership provides reassurance that delivering the highest levels of service is a primary focus for us, and that we will be striving to improve our service levels every year. By completing our customer satisfaction surveys, customers will also be able to provide feedback and help us identify areas for improvement.
'We're serious about delivering on our vision of providing an outstanding customer experience, so membership of the Institute is perfect for us. As an independent body, it enables us to benchmark our performance against recognised standards and other companies, as well as giving us action plans for improvement.
"We intend to put as many employees as possible through the Institute's training programmes, and key individuals will have the opportunity to further develop through taking Institute's own professional qualifications.'
The Institute of Customer Service is the national independent professional body for customer service, with more than 370 organisational members and over 7,000 individual memberships.
Specialist energy supplier GDF SUEZ Energy UK has signed a 15-year power purchase agreement (PPA) with SITA UK for electricity produced from a new 17.65MW energy-from-waste facility in Billingham, Teesside.
The facility is currently under construction and is scheduled to achieve commercial operation in 2014. The PPA provides GDF SUEZ Energy UK with all of the electricity output, along with Levy Exemption Certificates generated by the facility until 2029.
The state-of-the-art energy-from-waste facility has a capacity of up to 256,000 tonnes of waste per year, which will generate electricity for the equivalent of around 30,000 homes. It significantly reduces the reliance on landfill, and will achieve green-house-gas emissions reductions totaling approximately 62,000 tonnes of CO2 equivalent per year.
David Park, Director of UK Retail at GDF SUEZ Energy UK said 'We are extremely pleased to have concluded this PPA with SITA UK as it demonstrates our commitment to diversify our energy mix and provides us with a reliable and consistent renewable energy resource for our customers.'
SITA UK's Andy Stokes said, 'At Billingham we will take a once-wasted commodity and turn it into a long-term, reliable source of low carbon energy, which is a major plus for the environment.'
GDF SUEZ Energy UK has reported a significant increase in the percentage of renewable energy in its supply portfolio.
28% of its total supply from April 2010 to March 2011 came from renewable generation - a 10% increase on the previous year's figure of 18%.
This level of renewables is almost four times the UK average of 7.9%, and is also significantly higher than the 'Big Six' energy suppliers.
David Park, Director of UK Retail, comments: 'These latest figures demonstrate that we are working hard to continually increase the proportion of renewable energy in our portfolio in order to meet the growing demand from our industrial and commercial customers.'
The fuel mix information details how the energy GDF SUEZ Energy UK supply has been generated in the previous year from each fuel source - such as coal, natural gas, renewable and nuclear energy - and compares its fuel mix with the average for the UK. The company has been extremely successful in sourcing large quantities of renewable energy, mainly from Wind, Biomass and Hydroelectric sources.
FUEL MIX DISCLOSURE STATEMENT for the period 1 April 2010 to 31 March 2011.
Fuel GDF SUEZ Energy UK Fuel Mix UK Fuel Mix for comparison Coal 25.17% 28.90% Natural Gas 40.53% 44.20% Nuclear 3.67% 17.30% Renewable 28.02% 7.90% Other 2.61% 1.70% Total 100.00% 100.00%
GDF SUEZ Energy UK has been busy counting cash for a good cause after hearing how 259 people die from cancer every week in Yorkshire alone where survival rates lag behind most parts of the UK.
Recent fundraising efforts from the company raised over £12,500 for the company's nominated charity, Yorkshire Cancer Research. In celebration, David Park, Retail Director at GDF SUEZ Energy UK presented a cheque to Mark Stevens, Chief Executive at the Charity.
On behalf of Yorkshire Cancer Research Mark Stevens said: "I wish to thank everyone at GDF SUEZ Energy UK for their very generous donation. The company is a long-standing supporter of Yorkshire Cancer Research and it's only due to the kind support we receive from such local businesses that we're able to continue funding vital research into cancer in Yorkshire and help make medical breakthroughs."
Thanking those whose generosity and hard work has helped to raise the money, David Park, Retail Director at GDF SUEZ Energy UK said: "The chance to secure a donation for a local charity close to their hearts has really encouraged staff to put in a huge effort to raise the money for Yorkshire Cancer Research.
'I never cease to be amazed at the generosity and enthusiasm that everyone puts in to the fundraising, particularly as we know it has been a financially challenging couple of years for many people. A fantastic achievement to be proud of!'
All the money raised will be spent in Yorkshire helping local people beat cancer and supporting research, diagnosis and treatment in the region. The efforts of fundraisers like GDF SUEZ Energy UK and the general public are crucial in supporting Yorkshire Cancer Research and the vital research which investigates the cause of cancer and the development of more effective treatments.
Issued on behalf of GDF Suez Energy UK by Adessi
For more information contact Sarah Beckett at Adessi on
Tel: +44 (0) 7818 531 388
Notes to Editors:
GDF Suez Energy UK
Leeds-based GDF SUEZ Energy UK is well established as a specialist energy supplier to industry and commerce across the UK, as well as a growing player in the electricity generation arena. Offering an innovative range of energy supply products to meet the requirements of all types of businesses the company are constantly developing new products and adapting its services to meet their needs. To learn more about GDF SUEZ please visit: http://www.gdfsuez-energy.co.uk/
Yorkshire Cancer Research
Yorkshire Cancer Research is Yorkshire's cancer charity. Every penny we raise we spend in Yorkshire, helping local people beat cancer and supporting world-class research, diagnosis and treatment in our region. We work throughout Yorkshire and we benefit Yorkshire people, in addition to sharing our findings to improve the lives of people everywhere. For more information visit www.yorkshirecancerresearch.org.uk
EBITDA : EUR 5.5 billion (+6.1%)
Net debt: EUR 39.9 billion (-EUR 2.9 billion1)
Revenues in the first quarter of 2011 are up by nearly +7% thanks to strong international growth, to integration of International Power as of February 1, 2011 and to sharp rise in environment activities, despite weather conditions that were less favorable than in the first quarter of 2010.
EBITDA for the period reaches EUR 5.5 billion, for a gross increase of +6.1% in comparison with March 31, 2010. Based on average weather conditions2, organic growth comes at +4.3%. The increase in EBITDA reflects the contribution of International Power as of February 2011, commissioning of facilities in all of the Group's businesses, including Montoir and Combigolfe power plants in France, Flevo in the Netherlands, Heron II in Greece, France Fos Cavaou and Chile Mejillones LNG terminals, and the Gj
International Power PLC and GDF SUEZ Successfully Create a Global Leader in Independent Power Generation
The Boards of International Power plc (the "Company") and GDF SUEZ are pleased to announce that closing of the Combination of International Power and GDF SUEZ's Energy International Business Areas (outside Europe) and certain assets in the UK and Turkey ("GDF SUEZ Energy International") occurred today.
The combined business creates a global leader in independent power generation with over 66,000MW of gross capacity in operation and committed projects expected to deliver 22,000MW of gross capacity by 2013, with strong positions in major regional markets and an attractive growth profile.
Sir Neville Simms, Chairman of International Power said: 'The completion of this transaction creates a high growth, world leading independent power generation company. This is a major milestone in the development of International Power. The enlarged group has a strong pipeline of committed new-build projects already in the course of construction, and enhanced access to further significant growth opportunities through its broader global presence. The group has a robust capital structure with improved access to attractively priced capital that will underpin the delivery of value enhancing growth for all shareholders."
Gerard Mestrallet, Chairman and CEO of GDF SUEZ said: 'I am very pleased and proud we have successfully combined our activities with International Power. Together we have created a unique Group with highly skilled people. International Power offers an attractive growth profile with an unparalleled and balanced portfolio of assets. Our new Group is ideally positioned in the regions where 80% of tomorrow's new production capacities needs will occur.'
This is a truly defining transaction for GDF SUEZ, illustrating its philosophy and strategy of long-term development based on industrial partnerships. It consolidates the international leadership of GDF SUEZ in the global utilities sector, moving the Group into first place in terms of annual revenue (over €84 billion in 2009). It also makes GDF SUEZ the n