The traditional energy system is rapidly shifting to a decentralised, decarbonised and digitised one. A system dominated by large fossil-fuelled power stations is giving way to a much more flexible world in which energy consumers are increasingly becoming producers. Growth in battery storage is also opening up new revenue streams for renewable generators and in turn enabling more low-carbon capacity.
Against this backdrop, new participants are increasingly looking to enter the industry and new business models are emerging. Our role in supporting every significant energy infrastructure policy and programme over almost two decades means we have the knowledge and expertise to help businesses and consumers reap the rewards on the journey to net zero.
For example, we have worked with the developers of a demand-side response software platform to help them better understand the market and how to gain competitive advantage.
We’ve also helped provide security assurance for a peer-to-peer energy trading platform that allows households to sell excess energy from solar panels direct to their neighbours.