Our solution included the procurement of a 90GWh pa gas supply in OTC wholesale markets, including a bundled component of

biomethane with certificates certified through the Biomethane Certification Scheme.

This contract is backed by a rigorous Risk Management Strategy that contains devolved authority to purchase gas within strict parameters, and to consult the client at regular intervals. In addition, we secured the fixed price electricity import contracts for the energy centre’s nonparasitic electrical loads. We also procure and trade the electricity export contract to maximise revenue on the balance of electricity not used within the energy centre and the private wire network. This contract is also subject to a strict Risk Management Strategy where we strive to optimise delivered price to enhance investment return for the project.

The challenge associated with export training relates to uncertain export volumes being a consequence of energy centre uptime and heating demand variation within the end customer network. In addition to the trading and risk management services, we consulted on tariff development within the Private Wire Network, recovery of charges from end customers, implemented various metering and billing solutions, and completed the sustainability reporting in line with the developer’s ESG requirements to support Net Zero.

The weighted average price of gas secured within the energy centre sits well below current markets with a strong mark to market position– this is a consequence of both developing a Risk Management Strategy that limits exposure well in advance of delivery, and the incorporation of a fixed price Green Gas Purchase Agreement. The Green Gas Purchase Agreement will save the estate an estimated 20,000tCO2 per annum. Green gas certificates are transferred from a UK biomethane plant via Optimised using the Biomethane Certification Scheme and then surrendered on behalf of the energy centre operator providing the transparency required for end customers to declare progress against their own Net Zero goals. Despite the additional cost of the Green Gas Certificates, we supported the development of electricity tariffs via the Private Wire that avoided any increase in cost for end customers, thereby achieving our primary goal, of simultaneously delivering environmental and economic sustainability.

RELATED CASE STUDIES