Centrica Energy

MEET US AT SOLARPLAZA SUMMIT: ENERGY STORAGE Ahead of December 10, our Energy Movers are preparing their ‘Guten Tag’ and ‘Wie geht’s?’, and we promise they will be completely ready for the Solar Plaza Summit: Energy Storage in Cologne. Here, you can talk to them about our BESS solutions and services and how we can create value for you through asset optimisation across wholesale, ancillary services, and balancing markets. At the event, you can also hear our Head of Trading Analytics, Oscar De Somer, share his extensive knowledge on the panel “The Future of Battery Optimization in an Ever-Changing Industry.” If you are at the event and are interested in learning more about our BESS services, please contact Head of Central European Origination, Jan Gibbert, at jan.gibbert@centrica.com. See you in Cologne – or, as the Germans would say: Bis bald in Köln. #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture

OUR PEOPLE HAVE SPOKEN – WE’RE A GREAT PLACE TO WORK!   We’re immensely proud to announce that we've earned the ‘Great Place to Work’ certification for our UK and DK entities! For DK, it’s our third time in a row. Thanks to our people and their surveyed feedback, we've now been recognised with this amazing validation of our positive workplace in both UK and DK.   The certification is a testament to our commitment and collective efforts of our entire organisation to create and sustain a fantastic workplace culture.   Our Global People Director, Aki Danmark Palikaras, elaborates on our achievement:   “Our people are our biggest asset, and it’s vital for our business performance that we’re a workplace fostering so much more than top performers. We’re a people place, which means wellbeing, inclusion, purpose, reward, and amazing leadership are our top people priorities, and we have taken many steps to create a workplace where all of this is deeply embedded and brought to life. Surveying our people and seeing how this directly translates into having a great workplace, is a very proud moment for us.”   Tired of ordinary and ready to make your move, and join a Great Place to Work? Discover your career at Centrica Energy: https://lnkd.in/ezp5FNhY   #EnergyMoversByNature #MakeYourMove #EnergisingAGreenerFairerFuture 

ALL ABOARD: VISITING THE ISLE OF GRAIN TERMINAL   Every year, we move LNG equivalent to the consumption of more than 20 million households around the world on large vessels.   Recently, a cargo with 174,000 cubic meters of LNG, bought by our Centrica Energy LNG team, was delivered to the Isle of Grain on the southeast coast of England. National Grid Grain LNG Limited is one of the main arrival points for our LNG operations, and every year, Centrica Energy is the company that brings the most cargoes to the Isle of Grain.   The journey for this LNG delivery started at the Cameron LNG facility off the coast of Louisiana, and when it arrived in the UK, a group of Centrica Energy executives made a visit onboard.   The vessel carrying the liquefied natural gas was the ‘Maran Gas Leto,’ a 290-meter-long LNG vessel. Following its arrival, key members of our Energy Movers were taken on an interesting tour of both the terminal and the vessel.   During the visit, they met with the ship’s crew, talked to the captain about the physical movement of the LNG, and walked the full length of the vessel, which is longer than two football fields. Furthermore, the team had a tour of Grain LNG’s site to gain a greater understanding of their operations to maintain a strong and reliable supply chain for the UK’s gas demands.   Arturo Gallego, Global Head of LNG at Centrica Energy and part of the visit, explained the Centrica Energy LNG operations and the importance of LNG:   “The arrival of the Maran Gas Leto marks the delivery of more than 200 Centrica-delivered cargoes at Grain, and we continue to grow our portfolio. LNG plays an important role in the energy system, and as the weather in the UK starts to cool, the delivered LNG can support the growing gas demands to heat homes and buildings.”   If you want to learn more about our LNG business, please reach out to LNG@centrica.com.   #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture

US HERE WE COME! 🇺🇸 We’re very excited to announce that our first power trade in North America has been completed – marking the next step on our global journey towards energising a greener, fairer future. “There’s significant potential for us to leverage our trading and optimization competencies in the North American markets. Many states across the USA are undergoing a rapid buildout of renewable and inflexible generation, which means we are seeing North American power markets with large price fluctuations. Utilising our algo-based trading platform, we’ll help even out these fluctuations to enable integration and maximisation of renewable energy use in the power grid – supporting security of supply in North American power grids whilst delivering lower energy costs for businesses and consumers” said Jesper Jung, our Vice President of Trading Analytics & Algorithm.   Sitting down with EnergiWatch to discuss our latest market entry, Jesper said: “For the past 20 years, we have contributed to the proliferation and integration of renewables across Europe. The journey now continues in the North American markets. Leveraging our algorithmic trading platform, our goal is to assist the green transition in major established markets, whilst looking towards both major established and developing markets in the future. If there are opportunities to contribute to the development and integration of renewables to accelerate the global path to net-zero – we’ll be there.”   See the full article in Danish here (subscription required): https://lnkd.in/dxrmg6md   #CentricaEnergy #EnergyMoversByNature #USPower

BEST OPTIMISER TWO MONTHS IN A ROW   Looking back on the past months, there’s a lot to celebrate for our battery optimisation team. First, they were nominated in the ‘Best Optimiser’ category at the inspiratia Europe Energy Transition Award and for the past two months, they were on top of the Modo Energy Leaderboard! Across September and October, the Zenobē-owned 50MW Wishaw battery outperformed the Modo average for a 2-hour battery by 33%. Wishaw imported more wind from the Balancing Mechanism, preventing the shutdown of wind turbines when there is too much electricity in the grid. Instead, we instructed the battery to store the excess power and be ready to export it when required, ensuring that wind power is not wasted. We are beyond happy to be working with Zenobe and to see our strategy succeed. The results are a true testament to our strong multi-market approach combined with our experienced trading setup. In a grid with increasing renewable energy generation, batteries are essential to support stability and the green transition, and we are proud to be contributing to a greener, fairer future. Working with our clients, we optimise assets across wholesale, ancillary services, and balancing markets, helping generate greater value for our BESS partners while supporting grid stability. Our trading teams are available 24/7, meaning we can quickly react and respond to market needs. Furthermore, we work with both battery owners and the National Energy System Operator (NESO) to overcome the challenges of congestion management, allowing for more efficient use of the grid. If you want to learn more about how we can optimise your BESS, please reach out to our UK Optimisation Originators: Nikki Bell: nikki.bell@centrica.com Aimee Williams: aimee.williams@centrica.com #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture

READY, SET, BUILD: VOLUNTEERING AT FIRST LEGO LEAGUE CHALLENGE   Giving back to our communities is a core part of the Centrica culture. We have made a pledge to give 100,000 volunteer days by 2030, and to drive this agenda, all employees are given 15 hours of paid time off every year to volunteer for good causes.   Recently, a group of our Energy Movers volunteered at the local First LEGO League Challenge in Northern Denmark, and they had an absolute blast at the event!   First LEGO League Challenge is a global competition that allows children to dive into the excitement of STEM, and in a series of local, national, and global tournaments, more than 600,000 children compete in robot building, coding, and innovation.   At the local challenge in Northern Denmark, some our people assisted the organisers in facilitating the event while others volunteered as judges within both innovation and technology – and sometimes, it was hard to tell who was most excited to see the robots; the children or our Energy Movers.   The future of the green transition relies heavily on the curiosity of the talents of tomorrow: Children and young people. We are excited to get a chance to show them the opportunities and adventures of science, technology, engineering, and mathematics, and we are fully committed and truly proud to support our Energy Movers in giving back to our communities.   #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture

MAKE YOUR MOVE AS A GRADUATE – MEET THAIS   Joining our 2025 Graduate Programme, you’ve got a unique opportunity to impact one of the most exciting and rapidly evolving industries in the world – renewable energy.   Meet Thais Lyra, who is pursuing an international career, currently in her 2nd rotation in Origination Southern Europe.   So, why join as a graduate at Centrica Energy?   “The Graduate Programme at Centrica Energy allows you to be proactive and curious about your main interests, and the sense of responsibility and ownership has been present since day 1. The best part is that you can grow professionally together with amazing colleagues.”   We are open for applications for our 2025 Graduate Programme in Denmark within the Commodity Trading Analyst track. Discover the Graduate Programme and apply now: https://lnkd.in/djSnEADH   #EnergyMoversByNature #MakeYourMove 

CALLING OPTIMISATION FANS: JOIN US IN A WEBINAR ABOUT BESS IN EUROPE A few months ago, we were thrilled to learn that we are among the nominees at inspiratia’s Europe Energy Transition Awards 2024 in the ‘Best Optimiser’ category, and we look forward to the award show on November 19. We are immensely proud that our dedicated work with BESS and our valuable partnerships are being recognised, and our ambitions of energising a greener, fairer future remain as strong as ever. Now, you have the chance to learn from our battery and optimisation specialists who are part of driving our optimisation strategy forward. On November 26, our experts Nikki Bell and Oscar De Somer will participate in the webinar “BESS in Europe: Balancing Safety and Profitability with a Robust Asset Management Strategy,” organised by Solar Media Limited. Nikki and Oscar will join speakers from RGREEN INVEST and Greensolver to explain how we collaborate with asset owners and managers to maximise performance and minimise risk, and you can sign up for free here: https://lnkd.in/eeJQQH7A If you can’t wait to hear from Nikki and Oscar, check out the video below to learn more about our work with battery optimisation 👇 #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture

WHAT HAVE WE LEARNED ABOUT BATTERIES, AND WHAT'S NEXT?   What are the main learnings from BESS optimisation across markets, and what implications does this pose for the Danish market?   These are some of the questions our Head of Optimisation Portfolio Management, Mikkel Hesselbæk, addressed during his presentation at the Green Power Denmark theme day on electricity storage.   Mikkel began by explaining that, until recently, BESS optimisation has been relatively straightforward, primarily driven by high prices for FCR-D in the Nordics. However, with the recent decline in FCR-D prices, the business case and investment appetite for BESS has become more challenging and will require optimisation across all markets.   But what exactly does optimisation across all markets mean? Centrica Energy’s multi-market optimisation strategy means that we make battery assets available across ancillary service, day-ahead, and intraday markets, which provides the optionality needed to maximise battery revenues. However, as prices in different markets also influence each other, the complexity becomes incredibly steep whilst the quality of price, production, and weather forecasts becomes critical.   Given these market developments, we anticipate that the newly opened aFRR market will hold greater value in the future. At Centrica Energy, we are actively participating in the aFRR market and are seeing very positive results for our clients. Additionally, we have extensive experience with cross-market optimisation in the UK, Belgium, and the Nordics.   If you want to learn more about our views and services in optimisation, flexibility, and aFRR, feel free to reach out to Mikkel at Mikkel.Hesselbaek@centrica.com or Frank ten Voorde at Frank.Voorde@centrica.com   #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture

ZOOMING IN ON LNG! DID YOU KNOW…   That an LNG vessel is the length of two football fields? Or that Centrica Energy trades LNG cargoes equivalent to the energy consumption of 20 million households in a year? We know – that’s a lot of energy. But why is LNG such an important part of the energy ecosystem? We caught up with Arturo Gallego, Global Head of LNG in the Centrica Energy LNG team, to learn more. Here are Arturo’s thoughts 👇   “LNG – or liquefied natural gas – will play a critical role in the global energy complex for years to come, as it enables energy-dependent regions of the world to secure reliable energy supplies when other options are unavailable or unaffordable. There are many reasons for this: → Because LNG is a gas that has been cooled to a liquid state, it can be transported by ship. This creates an opportunity to transport LNG to regions that lack pipeline infrastructure. → With LNG, countries can diversify their energy sources and minimise their reliance on a single energy source. This is particularly important in the current geopolitical environment. → Compared to other fossil fuels like coal and oil, LNG has a cleaner burn, making it a more sustainable solution to fuel the many processes still dependent on gas.   As the energy transition gathers pace, we are also positioning ourselves to make the most of our proven LNG capabilities to build new international value chains for low-carbon fuels. Today, that means looking at entering markets for low-carbon ammonia – a product made as a derivative of low-carbon hydrogen, that’s simpler to transport and combustible as a fuel with zero carbon emissions.”   If you want to learn more about our LNG business, reach out to LNG@centrica.com   #CentricaEnergy #EnergyMoversByNature #EnergisingAGreenerFairerFuture