Going beyond the regulatory essentials. How the UK's energy network operators can seize the opportunity of digital transformation.
Digitalisation lies at the heart of the UK energy network’s future. It forms a critical part of keeping consumer prices manageable, and decarbonising the network.
Ofgem recently published its decision to move the industry in this direction with policies that will roll out over the next few years. Such is the nature of the regulated utilities sector that when Ofgem makes such a clear decision, the 16 companies controlling power supplies to the UK must respond.
The Energy Data Taskforce was established in 2018, and set out key objectives to form the Modernising Energy Data programme. This has been passed to Ofgem - which will lead on roll-out and regulatory control.
Packed with practical advice and guidance based on extensive experience working with both Ofgem and Wales and West Utilities we lay out:
- The reasons for making your digitalisation strategy a central part of your policy
- The key challenges that energy providers are facing
- Some key recommendations for how the sector might achieve