Market-wide Half-Hourly Settlement - latest information.

 

Energy is often a major business overhead, accounting for a large proportion of overall running costs. So being able to create a purchasing strategy to fit your requirements and risk appetite is crucial.

We offer a range of contracts that can enable you to buy electricity or gas on a fixed or flexible basis, with options to tailor elements to suit your business.

 

Individual flexible contracts

The energy market is notoriously volatile, creating risks as well as opportunities. Our range of flexible contracts enables you to spread purchasing decisions throughout the year, leaving you less vulnerable to market peaks and better placed to take advantage of lower prices.

Power MULTIPURCHASE FLEX STREAMLINE FAST FLEX FLEX INNOVATE
COMMODITY Flexible Flexible Flexible Flexible
NON-COMMODITY COSTS Options to fix or pass through Options to fix or pass through Options to fix or pass through Options to fix or pass through
TREATMENT OF SHAPE N/A Shape Premia Shape Premia Settled on an index (N2EX or APX)
MIN. VOLUME N/A but suggested 2GWh >1 GWh >1 GWh >1 GWh
UNSET FUNCTIONALITY N/A
INDICES AVAILABLE N/A N2EX LEBA Spectron Closing Price N2EX LEBA Spectron Closing Price N2EX LEBA Spectron Closing Price
LIMIT ORDERS N/A
SLEEVING AVAILABLE N/A
BILLING RATE TREATMENT Live Monthly Billing Forecasted billing rate with monthly reconciliation Live Monthly Billing Live Monthly Billing
CONSORTIUM STRUCTURE AVAILABLE N/A
RENEWABLE ENERGY AVAILABLE
GAS MULTIPURCHASE FLEX STANDARD FLEX INNOVATE
COMMODITY Flexible Flexible Flexible
NON-COMMODITY COSTS Options to fix or pass through Options to fix or pass through Options to fix or pass through
TREATMENT OF SHAPE N/A Shape Premia Settled on an index (Heren or Spectron)
MIN. VOLUME N/A but suggested 2GWh >1 GWh >1 GWh
UNSET FUNCTIONALITY N/A
INDICES AVAILABLE N/A Heren Day Ahead & Weekend Spectron Day Ahead & Weekend Spectron Closing Price ICE Settle Price Heren Day Ahead & Weekend Spectron Day Ahead & Weekend Spectron Closing Price ICE Settle Price
LIMIT ORDERS N/A
SLEEVING AVAILABLE N/A
BILLING RATE TREATMENT Live monthly billing Live monthly billing Live monthly billing

Energy trading, made easy

Flex Portfolio Solutions allows you to trade energy on the wholesale market regardless of your level of expertise or time availability.

Hedge your position independently or with the help of a dedicated, experienced Portfolio Manager. Our flexible options mean the choice is up to you!

You can also choose among three different levels of support, allowing you to decide the extent and frequency of the market updates, risk reviews and performance reports you will receive.

Like the sound of our Flex Portfolio Solutions? If you want to enter the energy trading market and like the flexibility of our Flex Portfolio Solutions offering for your customers, contact our team today.

Flex Portfolio Solutions

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MultiPurchase for power and gas

A simple, fixed term, energy contract for power and gas, allowing you to split your contract into multiple purchases. The MultiPurchase product provides you with the option to fix your energy prices at points throughout your contract term to limit the risk of market fluctuations but also benefit when prices fall. How you split your contract, and when you decide to fix volume, is up to you so you can align to your purchasing strategy.

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Flex Streamline for power

Flex Streamline provides complete flexibility on commodity purchasing, with full support from our market-leading Optimisation Desk. Consumption that falls outside standard base and peak-load blocks is covered by a pre-agreed shape premium. A forecasted invoicing rate is set to aid invoice validation, with a monthly reconciliation to ensure an accurate final purchase price.

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Fast Flex for power

All the benefits of Flex Streamline but with the removal of a pre-agreed invoicing rate and monthly reconciliations. Instead, each monthly invoice shows exactly what is transacted.

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Flex Innovate for power and gas

A contract designed for sophisticated energy buyers, providing all the usual benefits of flexible purchasing while allowing you to pay a published index price for any difference between your tradable blocks and actual consumption. With shape transparently priced and the need for contractual volume tolerances removed, you will pay for exactly what you use.

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Additional benefits

  • Choose how you wish to treat non-commodity costs according to your risk appetite
  • A suite of options – for instance unset functionality – to further tailor your contract around your needs
  • Full online support 24/7 via Risk Navigator
  • Expertise always on-hand via our award-winning Optimisation Desk
  • Renewable option
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With net zero on the horizon, finding ways to reduce emissions is more important than ever. Perhaps the simplest way is to opt for carbon-free supply.

Our UK Business Renewable energy and our UK Renewable Pure energy provide independently-verified sustainable power that’s fully compliant for zero GHG Scope 2 market-based reporting. 

It works by matching the power you consume with the equivalent volume of renewable power supplied to the grid. We evidence this by securing the corresponding number of Renewable Energy Guarantees of Origin (REGO) certificates, which are issued for each megawatt-hour (MWh) of renewable generation fed into the UK electricity system.

Benefits

  • A simple way to benefit from renewable power sources
  • Enables you to clearly demonstrate renewable credentials
  • UK Renewable Pure is generated from wind, solar and hydro only
  • Fully compliant with World Resource Institute GHG Protocol Scope 2 Guidance
  • EcoAct assurance stamp provides peace of mind that our products and processes are robust and compliant
  • Report zero-carbon emissions without any requirement for additional evidence
  • Available with any of our Fixed or Flexible purchasing contracts

Option for your customers to display an Energy Label at their sites as a visual demonstration of their commitment to sourcing renewable power.

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ecoAct2022

The EcoAct assurance stamp gives you confidence that your supply is robustly backed by a sufficient amount of REGOs (from UK generation only) and can therefore be reported as zero-carbon-emission power.

Not sure where to start?

Find Your Perfect match!

Try our product selector 

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  • Expertise – as the first supplier to offer flexible purchasing contracts, our market knowledge and experience is unrivalled
  • Choice –choose from a wide range of contract options and trading features to suit your individual business requirements
  • Security – tools, support and strategies to help you manage risk appropriately
  • Transparency – clear, accurate invoices so you know exactly what you’re paying for without any unexpected reconciliations
  • Intelligence – daily market reports, bespoke analysis and position tracking, available 24/7 via our secure Risk Navigator portal
  • Support – our award-winning Optimisation Desk offers market expertise and guidance to help you manage your energy position and spot market opportunities

We’re open:

Monday, Tuesday, Thursday 9am-5 pm
Wednesday 9am-5pm
(Customer Services 9am-12.00pm)
Friday 9am-4.30pm
Excluding public holidays.

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