As of April 2018, two new energy regulations called DCP 228 and DCP 161 will come into force in the United Kingdom.Officially titled Distribution Change Proposal 228 for Revenue Matching in the Common Distribution Charging Methodology,DCP 228 will have a significant impact on the calculation of electricity distribution charges - which can make up to 19% of a customer's bill.Under DCP 161, consumers who exceed their capacity will be charged an excess capacity rate which could be up to three times higher than the standard rate.Read on to find out exactly what DCP 228 and DCP 161 will mean for your energy bill and how your business and customers will be affected.
Manufacturing businesses across Europe are striving to reduce their energy usage and costs as they continue to rise, affecting bottom lines and ROI. The planet is also negatively affected by industrial energy use, responsible for about 21% of greenhouse gas emissions worldwide. In the UK, 79% of manufacturers describe energy efficiency as a "business critical" issue, and 9/10 businesses discuss energy management at the board level, according to the Financial Times. Yet, the same survey revealed only half of manufacturers actually have a 5-year energy management plan in place - most are only thinking ahead one year in advance. With Brexit becoming more real every day, future challenges in industrial energy consumption will only intensify in the UK and beyond. Bringing up the topic of energy management in the corporate board room is an important first step, but even more critical is taking a holistic approach by following up and translating those conversations into concrete actions. If you are working in an industrial plant, here are four measures you can take today to reduce the burden of high energy costs in manufacturing, regardless of sector.
Last Thursday, the Catalan Parliament passed new legislation to impose a carbon tax on any pollution-causing business activities, including the operation of polluting vehicles such as large vessels. The law follows closely behind Catalonia'scarbon tax on road vehicles introduced earlier this year.The legislative package known as the "Climate Change Bill" comes with a clear aim: to reduce carbon emissions 40% by 2030, 65% by 2040 and 100% by 2050. Learn more about this groundbreaking law - the first of its kind in southern Europe.
The way we produce and supply energy, also known as the energy value chain, is undergoing a major shift these days. For utilities, what were once an easily predictable, low-risk and safe investments are quickly turning into liabilities. As one analyst recently told the Economist, “Never in recent history has the deployment of capital been more difficult than it is right now within the energy industry.”As utilities adjust to operating in uncertainty, they must face the disruption of their traditional business model and take on new roles in the energy value chain.A new report from the ENTRUST project has detected 10 emerging business models for utilities, inspired by examples of finding new ways to add value in the face of disruption and digital transformation. In each one, the way utilities operate and innovate in the new energy paradigm looks a little bit different.Learn how each business model works in the infographic below:
Utilities in deregulated markets are under more pressure than ever to attract and retain customers and are therefore more motivated to consider new technologies to extend their energy services offering. Previous posts in our Future-Proof Utility series have discussed the driving forces behind utilities' push for innovation, and the importance of a customer-centric approach. While both of these concepts are of crucial strategic importance, technology is the vehicle that will ultimately bring the future-proof utility into being. That's why this post will zero in on 5 technologies utilities are exploring and investing in, and what kind of capabilities they will need in order to meaningfully expand their energy services.
Customer behaviour and choices are becoming the most important drivers in shaping the transition to a new energy system → How are you engaging with yours?Innovating in a commodity market like energy is tough given that all your potential customers are essentially already penetrated - either they are with you, or with a competitor. Since 100% of your prospective clients in developed markets are already connected to the grid, the only way to gain traction and grow is to convince them to switch. What does this mean for utilities? The ones that approach customers via multiple touchpoints have a much greater chance at success, meaning higher acquisition and retention rates. Read on to learn from 3 challenger utilities that are pushing hard for customer empowerment.
Welcome to the 4th edition of DEXMA Partner Spotlight! This month we are highlighting Eniig, the third-largest electricity supplier in Denmark.Eniig, a word that means "united" in Danish, is also a co-operative, owned by nearly 400,000 members. The group was formed by a merger between EnergiNord, EnergiMidt and Aalborg's Himmerlands Elforsyning (HEF) and today consists of 1,000 employees.For this edition of the DEXMA Partner Spotlight, we spoke with Martin Brix Kortegaard from Eniig's energy management technology consulting division. Read on for some of the best snippets of our conversation:
Industrial energy efficiency is all the rage thanks to public support initiatives for "Industry 4.0". But how does this trend translate into an actual energy management plan in the industrial sector? Is it possible to save energy in factories without a major investment? Get inspired by the TACSA success story, implemented by DEXMA partner 3ex4.
Like so many sectors before them (telecom, mobility, hospitality...), utilities are facing mounting pressures on their traditional business model. These driving forces are coming from all directions: shrinking margins due to increased supply from distributed energy resources (DERs) like solar, microgrids, batteries etc., fresh competition from new market entrants from Google to Drift, changing customer expectations... the list goes on. In this disruptive maelstrom, utilities must innovate to drive growth as their traditional business model undergoes a seismic shift.In a special edition of our DEXMA Webinar Series, hear from a real utility on how they are dealing with disruption, and leveraging data-driven tools to re-invent their business models.