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News

News
  • GO Awards - TEC Finalist
  • 17 February 2017
  • TEC are delighted to share that we have been shortlisted for the Procurement Team of the year at the National Government Opportunities (GO) Awards 2017. The award will be announced at The Hilton Deansgate, Manchester on 21st March 2016.

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  • TEC Invests in Sector Knowledge Events
  • 10 February 2017
  • Following on from the Energy in Education 2017 Survey, the three regional workshops will provide a valuable opportunity for professionals from the education sector to analyse the results and help shape future priorities. The highly interactive half-day sessions will focus on identifying opportunities and overcoming the barriers that challenge both the short and long-term management of energy. With sessions on how to build a compelling business case and utilising collaboration, both within and beyond sector boundaries, the event aims to deliver a fresh perspective and innovative solutions to higher and further education."

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  • Energy bill payers face spiralling cost
  • 01 February 2017
  • UK energy consumers could face a billion pound bill for their electricity next winter through a new subsidy scheme that will pay energy companies to keep their power plants open.

    The support contracts will be awarded through a competitive auction taking place this week to avoid further power plant closures and guarantee enough power to meet demand next winter.

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  • Uncertainty: the new normal! 2017 Survey Sponsored by TEC
  • 26 January 2017
  • About the survey

    The annual Energy in Education Survey aims to deliver an insight into the energy opportunities and challenges facing the education sector. By gathering opinion from a cross-section of professionals involved in energy management, the survey will build a comprehensive picture of energy priorities in both higher and further education.

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  • New report highlights policy needs to secure UK lead in global market for floating wind
  • 24 January 2017
  • A new report published today by the Carbon Trust highlights the key areas for policy makers to consider in order to develop a world leading market for floating wind in the UK. The analysis was carried out by the Carbon Trust in collaboration with the Offshore Renewable Energy Catapult and covers four policy areas: licensing and consenting; subsidy and grant support; supply chain development; and grid connection.

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  • Wind turbine market to peak in two years
  • 17 January 2017
  • The global wind turbine market will rise to a peak of just over $81bn in 2019, according to a report by GlobalData. Issued on Monday 16 January, the analysis said that technological developments had paved the way for more effective equipment and machinery, “making wind one of the most reliable sources of power in the global market”.

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  • Remove barriers for energy storage” industry asks
  • 16 January 2017
  • Cheaper, cleaner energy possible, if Government removes barriers to storage and places stronger incentives on network operators.

    Responding to Ofgem’s call for evidence on A Smart, Flexible Energy System, which closed on Thursday, the Solar Trade Association (STA) has called on the Government to remove all barriers to deployment of energy storage. Following substantial recent reductions in costs associated with storage – especially lithium-ion batteries – the industry are ready now to deliver smarter alternatives for a clean energy system that will save money for the consumer.

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  • TECs Christmas Opening Hours
  • 22 December 2016
  • Our opening hours over the festive break;

    Closing 23rd December

    Re-opening 28th - 30th December

    Returning Tuesday 3rd January 2017

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  • Capacity market provisional results published
  • 12 December 2016
  • The T-4 2016 capacity market auction cleared on Thursday 8 December, with 52,425.302MW of capacity procured at a clearing price of £22.50/kW per year. The provisional results revealed that 4,779MW of the volume of capacity agreements awarded was for new or refurbishing capacity. 

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  • Huge Success for TEC at The Energy Awards
  • 02 December 2016
  • The Energy Consortium (TEC) has won the ‘Energy Buying Team of the Year Award at The Energy Awards 2016. The achievement is noteworthy as TEC were entered in the larger team category, beating some notable private sector teams to secure this award.

    The result was announced at the London Hilton, Park Lane on 30 November, with TEC taking the top spot in this prestigious category.

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  • Plugging the Energy Gap
  • 16 November 2016
  • A new E3G report based on analysis from Imperial College London shows that the UK urgently needs to develop a flexible power system. The report lays to rest the argument of a preventative ‘hidden’ cost of renewable power. Investment in grid flexibility lowers the final costs for the grid and for bill payers.

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  • Oxford University winner of Carbon Reduction Award at Green Gowns 2016
  • 11 November 2016
  • TEC were proud to sponsor the Carbon Reduction Award at The Green Gowns 2016, Oxford University being the winners.

    Universities and colleges from across the UK and Ireland have shown how they are leading the path to efficiency, employability and creating a better future of life for us all. Education is proving how sustainability is just good business sense.

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  • Caution urged as TPI Code of Practice Shelved.
  • 03 November 2016
  • Amid continued evidence from TEC Members and beyond of aggressive sales tactics, claims of significant savings which would have been available anyway and a lack of clarity of fees it seems that the energy regulator sees no need to act to restrict this behaviour. Instead they seem to be issuing a “play nicely children” request to the TPI community which amounts to a “carry on with your shady practise”.

     

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  • Chancellor urged to make key energy decisions in Autumn Statemen
  • 28 October 2016
  • The CBI has called on chancellor Phillip Hammond to use the Autumn Statement to provide investors with clarity on the future direction of energy policy. In a submission to the Treasury on Thursday 27 October, the CBI said policy changes over the past year had undermined confidence in the sector, and that long-term stability was needed. It said that the statement should be used to: set out the timing of the next contracts for difference auction; provide clarity on Levy Control Framework funding; confirm that the freeze to the Carbon Price Floor will be maintained beyond 2020

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  • NAO warns of continued LCF overspend
  • 18 October 2016
  • “The Levy Control Framework has helped make some of the impacts of renewable energy policies on consumers clearer.  But government’s forecasting, allocation of the budget and approach to dealing with uncertainty has been poor, and so has not supported value for money.

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  • DSR could cut energy security costs
  • 11 October 2016
  • Increasing the use of demand side response (DSR) could have reduced the cost of last November’s NISM by more than 20%, according to the Energy and Climate Intelligence Unit (ECIU).

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  • Fracking approved at two sites in Lancashire.
  • 06 October 2016
  • On the day fracking was approved at key sites in Lancashire (BBC) , prices for gas to be delivered and consumed in Winter 2017 rose on wholesale markets by over 3%, making an almost 8% rise this week. Gas fired electricity generation for 6th October amounted to more than 54% of the total.

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  • Data Support Administrator Vacancy
  • 27 September 2016
  • Based at our offices in Longbridge, this is an opportunity to join a highly professional team delivering energy procurement solutions to a membership of public sector bodies, most of whom are from the Higher and Further Education sector. This role is critical in the support of our growing energy portfolio and to the continued insourcing of data services and reporting.

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