Monday, 9 December 2013

Success! Swanbarton secures funding for Local Energy Market Study

The Technology Strategy Board has awarded Swanbarton Limited a grant through its Emerging Energy Technology competition to fund a 12 month feasibility study to assess the business models for electricity storage. This grant from the Technology Strategy Board will allow Swanbarton Limited to develop the results of an earlier project that demonstrated that local energy markets, which incorporated electricity storage, had significant economic benefits for participants. The project includes a simulation of and assessment of Business models for local energy markets while the inventive trading devices that will facilitate local energy trading, allowing households and businesses to buy and sell electricity among themselves, will be developed.

Information on the Technology Strategy Board competition can be found here.

Monday, 11 November 2013


Apples. There's a lot of them about at the moment, but where do you buy yours? Do you buy them from the "Big Five" - Asda, Morrisons, Sainsbury, Tesco and Waitrose? Or do you shop at your small local shop or do you perhaps collect your apples from your neighbour with plenty and make a donation in the "honesty box"? Strangely apples and electricity are not that different. We've talked before about the "honesty" approach to local electricity and it seems the idea of local produce, local market is catching on at a high level. Greg Barker (Energy Minister) spoke recently on the Government's drive for Community Energy and seemed warm to the idea of local energy markets. But is Government's idea of local energy markets what we envisage and would a local market in energy resolve some the current issues related to consumer bills?

Like apples, electricity can be purchased from the "Big Six" - British Gas, E.On, EDF, NPower, Scottish and Southern and Scottish Power, but unlike apples, there are very few other "local" suppliers of electricity and certainly no equivalent to the apple "honesty box" with your neighbour. Currently the Big Six are receiving considerable negative attention for their recent hikes in bills, with concerns about the impact on consumers, particularly those in fuel poverty.

The Big Six would like us to believe that it is the green taxes and line charges (and even the wholesale price of electricity) that push up the price of electricity, but largely the Big Six can repeatedly increase their charges to consumers because there is not true competition in the electricity market - a fact recognised by Ofgem's ongoing attempts to improve liquidity and transparency in the wholesale electricity market. The Big Six not only supply electricity, they also generate electricity, but often their generation never makes it onto the wholesale market, because they trade internally at prices not known to the wider world.

The Government is seeking to address the problem of rising electricity bills, not by increasing competition, but by reducing the green tax component of electricity bills. The green taxes represent 10% of a typical bill and to remove even some of this support for green energy approaches will impact on the development of a sustainable electricity system and impact adversely on those in fuel poverty, since some of the green taxes, through the ECO program, go to support energy efficiency programs in vulnerable households.

Local energy markets would empower local people not only to generate their own energy, but to sell energy too. When electrons can be made and sold locally in a genuine local energy market, just our apples are now, then we will have created a more efficient and fairer electricity system.

Posted by Dr Jill Cainey, Swanbarton

Thursday, 7 November 2013

Beyond the silver bullet

So in his search for a silver bullet to cut the cost of energy, our energy minister has turned to Local Energy Markets. We like to think that we are considerably ahead of the curve with our thoughts and work in this area.
The minister said: 'I want local energy markets to take off just in the way the local food economy is growing. Just as people look to buy locally I want residents to adopt a local mindset for community scale renewables. Licence Lite is being pioneered by the Greater London Authority, but I want to use that learning to roll this out around the country. I want to allow a new generation of small-scale local power producers to cut through the current complex electricity market regulations and sell direct to customers. Cutting red tape and bureaucracy to let in the electricity entrepreneurs is the way forward.'
While we admire the GLA for its pioneering work on Licence Lite, we think it should go further. Our model for a Local Energy Market that is truly local and really a market would give consumers the independence they need, and support cost reductions across the system. We think that in our adventurous business model, we have the golden bullet.

Tuesday, 15 October 2013

Swanbarton’s LEMMA project sweeps the board at the TSB’s “Collaboration nation” day.

Participants in the recent TSB collaborative programme on 17th July 2013 were invited to present the results of their projects and the audience were invited to vote on each of the presentations. Swanbarton’s presentation was placed first in the afternoon session.

Thursday, 16 May 2013

Wednesday, 15 May 2013

The London Local Energy Market Conference yesterday was well-attended and lively. We'll post notes from the conference here, over the next few days.

Wednesday, 17 April 2013

Inaugural Local Energy Markets Conference: programme and tickets

Inaugural Local Energy Markets Conference
Will Local Electricity Markets transform our Power Networks?
Central Hall, Storey’s Gate, Westminster, London, SW1H 9NH
14 May 2013: 10:30 am to 3:00 pm

Friday, 5 April 2013

Inaugural Local Energy Market Conference: date and venue

Inaugural Local Energy Market Conference
Can Local Electricity Markets change the operation of Power Networks?
Central Hall, Storey’s Gate, Westminster, London, SW1H 9NH
14 May 2013
If you’d like to be invited to the event, please register with our Local EnergyMarkets group on Linked In.

Wednesday, 13 February 2013

Results to be presented

The LEMMA research project will be presenting results to industry in the second quarter of 2013. The team will share analyses of the economic benefits, the ICT infrastructure requirements, and the regulatory impact. If you’d like to be invited to the dissemination event, please register with our Local EnergyMarkets group on Linked In.

Linked In group

To stay in touch with the LEMMA team, please join our Linked In Group here.

Monday, 7 January 2013

Introducing the LEMMA project

LEMMA (Local Energy Markets Modelling and Analysis) is a project led by smart energy specialists Swanbarton , with high-integrity software house IPL and supported by funding from the Technology Strategy Board.