As of 1st April 2017, the energy regulation P272 has come into force in the United Kingdom.
Officially titled the Ofgem Balancing Settlement Code, this regulation has fundamentally changed the way more than 150,000 businesses in the UK are billed for their electricity use. All told, P272 represents a major step in the nation-wide smart meter rollout that is set to continue through to 2020.
Read on to find out if and how your business or customers are affected, what it means for your energy bill, and what you need to know to come out ahead.
Demand response programs are opening up new opportunities for ESCOs to play a significant role in the operation and optimisation of energy grids. After all, ESCOs have a unique competitive advantage: they can combine their energy management expertise with granular customer insights to help reduce or shift their clients’ energy usage during peak periods in response to time-based tariffs or other incentives. Demand response also offers a great way to for ESCOs to extend energy services beyond efficiency by contributing to grid stability, safety and environmental sustainability while earning additional savings and opening up new revenue streams for their customers.
But does this mean ESCOs will enter into competition with the new market players known as demand response aggregators?
Although many energy professionals are using these terms interchangeably, Demand Response (DR) and Demand-Side Management (DSM) are not the same thing.
However, they can definitely complement one another to help ESCOs deliver more successful, complete and effective energy management services. Advanced flexibility solutions like demand response also offer benefits beyond cost savings that typically come from energy efficiency alone.
Our latest free-to-download guide was created for energy professionals that are looking to incorporate advanced demand-side management applications and demand response into their service offering.
This post comes to you out of pure #energynerd excitement that metering - yes, THAT kind of metering - was featured on the latest episode of one of my favourite podcasts, 99% Invisible! Well, 99% Invisible actually “borrowed” this episode from ANOTHER great (and equally nerdy) podcast you should definitely listen to, called Outside/In.If you are interested in thrilling topics like utility rate design, the accidental origin of net metering and how it enabled the explosive growth of solar power, this episode is a must-listen for energy nerds everywhere.
As smart metering programs proliferate worldwide and balancing energy supply and demand becomes more difficult (and costly) than ever, Demand Response (DR) is "having a moment" in the energy world today.
But is your ESCO ready for it?
Since October 2016, DEXMA's Research, Development and Innovation Department has been involved in a new R&D+i project called FlexDSM (Flexibility Demand-Side Management), soon to be integrated into DEXMA's flagship energy management platform, DEXCell Energy Manager.
Through the FlexDSM project, DEXMA aims to use its wealth of experience in advanced energy analytics to boost demand-side management capacity in SMEs. As a tool forDSM enablement,FlexDSM will help small C&I players take their first steps toward demand response: one of the fastest-growing areas of energy innovation.
"Tomorrow’s energy is decentralised, decarbonised and digital,” says Rockstart Smart Energy Accelerator Director Freerk Bisschop. As an energy professional, staying updated with the latest industry trends also means keeping an eye on the up-and-coming energy innovators.
That's why we're so excited to share our picks for the most promising energy startups to watch in 2017.
How did we choose? Easy: our top energy startups to follow do one or more of the following:
connect prosumers, electric vehicles, storage and demand
use Big Data, machine learning algorithms and IoT connectivity
focus on energy cyber security
build the potential to change the energy marketplace
boost business models for energy efficiency and/or renewables
For this 2nd instalment of our industry focus series, we’re looking at energy saving solutions for supermarkets. The holidays are upon us, and for grocery store managers, things are already going nutcrackers. Shopping-crazed customers are leaving fridges open, the heat is blasting to keep those holiday shoppers warm, and opening hours are extended...But what if I told you this festive madness could work in your favour? Or that the holiday season is actually the BEST time to save energy (and consequently, money!)?Don’t just take it from me - Energy Star estimates that every dollar saved on energy expenses in supermarkets is equivalent to a $59 increase in sales! How’s that for a Christmas miracle? As it happens, seriously cool energy saving solutions for supermarkets have hit the market recently...in this blog we'll tell you our top 5 favourites!