Keeping you updated with the latest releases, updates, events and opportunities we're working on to improve competitive innovation for our customers.
Keeping you updated with the latest releases, updates, events and opportunities we're working on to improve competitive innovation for our customers.
As part of CHARGE Energy Branding Week, ESG CMO Mark Coyle was recently interviewed by the CHARGE team. Mark discusses how energy leaders can meet the needs of competition today and transition towards a digital energy future - creating a new technology platform eco-system that accelerates benefit delivery from future energy models.
We are proud to announce that we have renewed our partnership with the Womens Utilities Network (WUN) that will see us supporting and promoting this organisation into 2022. WUN was started to give women the skills and confidence they need to build lasting, fulfilling careers in the utility sector. We will be offering our support through promotion, mentoring and events and looking forward to the collaborative opportunities that the rest of 2021 brings.
Ofgem's Consumer Perceptions of the Energy Market report for Q420 was published on 4 March. Overall customer satisfaction with smart meters rose to the highest level to date (72%). This shows that there is strong and growing satisfaction with energy Suppliers and smart meters among the public.
The Energy Networks Association have created a standard contract with help from DNO's and National Grid which aims to unlock liquidity in local markets for flexibility, ultimately pushing down energy bills. The contract provides a consistent GB-wide agreement for those wishing to provide vital flexibility services to the networks.
Reaching net zero will require major changes in two main areas: transport and buildings. Shifts in these areas will create winners and losers and this will be further reviewed as to where the costs will fall in a report set to publish later this year. Along with a financial barrier there will also be an attitudinal barrier among consumers who will require educating and encouraging to help them understand the benefits of installations such as heat pumps. These changes will be costly for the country but the financial and environmental gain long term will be great.
Conservative MP John Penrose issued his independent report 'Power to the People' where he recommends measures to reform the UK's competition market for the digital era. The report addressed eight themes including 'more competition in economically-regulated industries' and 'sticking up for consumers'. The report ranges much wider than energy but clearly addresses many of the areas of dissatisfaction with regulation. It has the potential to change how the energy sector deals with pricing and consumer engagement.
We're back at it again and getting involved with the annual Cycle for Smart Works event. We have 6 ESG teams who have committed to cycling 500 miles within the space of week, these are Tour de Wigan, Wheelie Terrible Team Name, Saddled with Ads, All Pain, No Gain, Your Pace or Mine and Spin Doctors. Last year we raised a whopping £5,000 and this year we need your help to smash that target. If you can, please sponsor our teams via the team name links above.
A new government consultation has launched in a bid to improve the charging experience for consumers. The consultation highlights areas such as quick payment process, network reliability, pricing transparency and open data. Others areas that the government are considering are accessibility for disabled consumers, weatherproofing and lighting and signage.
In an industry where customers are consistently switching suppliers to get the best deal, how do energy suppliers build a successful business model? This question is the basis for the new utilities whitepaper from DCC OS entitled 'Cash is King'. It delves into the most common challenges faced by suppliers, the impact of incorrect data on billing and suggestions for success. Our very own Chief Marketing Officer, Mark Coyle contributed to this whitepaper and we are proud to have partnered with DDC OS on this project.
The National Institute of Standards and Technology (NIST) is developing their 4.0 version framework that will reap benefits on an economic and environmental level when it comes to the interconnectivity capabilities of devices and equipment. If the grid continues to operate the way it has for decades, the major goals in the Paris Climate Agreement will not be met. The NIST is working on interoperable sensors and smart controls that will give our grid the flexibility required for continuing power service as supply and demand rapidly changes. Read More
As the UK prepares to host the UN Climate Change Conference (COP26), the North West have launched ambitious plans to become a UK leader in tackling the climate crisis and boosting a green recovery. North West Net Zero: The Road to COP26 outlines the key players and the actions being taken to decarbonise industry and promote green innovation. We, at ESG look forward to collaborating in this plan to realise this ambition.
A new research study reports that 68 percent of meters in North America have been switched to smart. The rate of growth towards the goal of having 153.8 million smart meters installed by 2025 is about 5.7 percent annually. Smart metering technology in the North American market has changed focus to serve the demand of the utilities. Read More
The government has launched a new consultation to improve the consumer experience around EV charging, with particular reference to quick payment processes, network reliability, pricing transparency and open data. The government wants consumers to have access to a range of software solutions that will easily allow them to access chargepoint locations, compare charging costs and experience a hassle-free payment process. "Reliable and easily accessible charging infrastructure is key to making the switch to EV's" said transport secretary, Grant Shapps.
The Open Networks Project is helping to deliver the smart grid in the UK and Ireland. It involves all ENA electricity members at both transmission and distribution to ensure that DNOs transition to smart, integrated system operators. Innovation has played a key part in the trialling and testing of this project and the range of new low carbon and net zero technologies aim to decarbonise and modernise the electricity networks.
Jaguar Land Rover will be moving to all electric vehicles by the year 2025. In an announcement of a new business strategy titled ‘Reimagine’, chief executive Thierry Bollore described the strategy as “a sustainably-rich reimagination of modern luxury, unique customer experiences and positive societal impact.” Jaguar Land Rover is committed to changing its business model and environmental impact by ceasing production of all internal combustion engine vehicles by the year 2025. Read more
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