Energy market specialist Alan Smallwood joins Anesco as optimisation director.
In addition to overseeing the asset management function, Alan will be responsible for developing Anesco’s third-party market optimisation service, which will include market intelligence. He will be working closely with Anesco’s O&M team, who currently have 1GW of assets under management, along with the c.100MW of assets that Anesco owns and operates.
With a career within the energy market that spans more than a decade, Alan joins Anesco from Centrica, where he acted as director of UK power markets. As such, he led Centrica’s UK power forecasting capability – analysing markets to support the trading teams with their long-term investment and planning. This included looking after Centrica’s battery storage portfolio to ensure the maximum revenue was achieved.
In his new role at Anesco, Alan will focus on helping investors drive the greatest value from their renewable assets day-to-day and informing future investment choices.
Commenting on his appointment, Alan said: “Anesco is a dynamic company that is well placed to support the UK’s drive for decarbonisation. If the country is to achieve net zero carbon emissions by 2050, then we’re going to need greater levels of renewable energy and solar and storage will play a big part in that. Supporting investors to achieve the optimal yield and returns from such assets will therefore be crucial, especially in a post-subsidy world.
“It is a rather unusual time to have started in a new job and I’m looking forward to getting stuck in and meeting my colleagues and customers in person at a later date.”
Mark Futyan, Anesco CEO, said: “I’m thrilled to welcome Alan on board. Having previously worked together at Centrica, I know he will be an asset to the team. His experience in navigating energy markets will be invaluable as we look to build on our strong track record and continue to drive the growth of renewables in the UK.”
He added: “The addition of a route to market service for our customers will enable Anesco to become a full service partner for renewable energy investors, delivering asset development, construction, O&M, revenue optimisation and repowering.”