UK UTILITIES GETTING GREENER

Verdantix Says The UK's Biggest Power Utilities Are Finally Starting To Deliver On Sustainable Business Visions
March 9, 2011 (Verdantix)

"Centrica, EDF Energy, E.ON Energy and RWE npower are the power utilities best positioned to provide UK businesses with sustainable energy supply and services, according to a new report from independent analyst firm Verdantix. The in-depth study compares 13 power utilities operating in the UK, ranging in revenue size from £10 million to £70 billion, on 37 assessment criteria…

"…Power retailers were assessed on their provision of green electricity contracts, sustainable gas contracts, on-site renewable energy and heat generation, energy management advice and implementation and carbon and climate change legislation advice. They were also assessed on their corporate sustainability and low carbon energy strategies…"

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"…Firms included in the study are Centrica, E.ON Energy, Ecotricity, EDF Energy, Gazprom Marketing and Trading Retail, GDF Suez UK, Good Energy, Haven Power, RWE npower, Scottish and Southern Energy, Scottish Power, SmartestEnergy and Total Gas and Power…"

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"The Verdantix report, Green Quadrant® Sustainable Power Utilities, is based on in-depth interviews with an independent panel of 15 senior decision-makers across 8 industries with responsibility for selecting power utilities…[and] leaders from participating utilities…

"…Key findings of the study…[1] Demand for energy management services is transforming utility business models. Leading power utilities are investing in a fundamentally different, integrated services business model…[2] Centrica, EDF, E.ON and RWE npower lead the market for sustainable power utilities. These firms combine capabilities in at least five of the six service lines analysed with robust internal sustainability strategies…[3] Five specialists with innovative business models focus on low-carbon energy supply. Good Energy, GDF Suez UK, Ecotricity, Scottish Power and SmartestEnergy have above average compliance with the Renewables Obligation and innovative green electricity contracting…"