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The CoronaVirus pandemic has seen the number of people working from home exponentially increase, leading into a 37% rise in domestic energy bills. However, this energy use could be reduced with smart home energy management - by saving power usage with smart thermostats and lightbulbs. Combining this granular level of information with Smart meters allows for a more 'connected living', opening the potential for energy demand management and better energy engagement. In fact, Samsung Electronics believe the vast majority of their SmartThings Energy Control users look at their energy usage five times a week. You can learn more about Smart homes and shifting the demand by reading the full article at Power Energy.
Energy UK have published Electricity Switching figures for July which show the number of customers switching supplier continues to rise. This continued increase comes after an initial decline in switching since the start of the pandemic. 2020 has seen a total of 3.4 million customer switches, which is 4% lower than this point in 2019. In July a total of 519,700 customers switched, which is a 17% increase of switching in June - and only 1% less than the same month in 2019. You can read more statistics in Energy UK's July report, or view their library of switching reports on their website.
The research and Information Service 'The Commons Library' has published a new report that summarises modern UK energy policy to date. 'Energy policy: an overview' is a 22 page document and webpage that highlights policy in areas such as government strategy, support for small and large-scale energy, transport, climate change, consumer bills and Brexit. The briefing paper also provides background on energy in UK and a timeline of significant developments in energy policy. This article was sourced from Cornwall Insight's Daily Bulletin and the Energy Policy overview is available at the Commons Library website.
The Data Communications Company (DCC) outlines how its secure data network may be harnessed to provide an interoperable standards basis for electric vehicle charging and wider green infrastructure in its new five year development plan. Currently the DCC supports 4.7 million SMETS2 smart meters growing by around 20,000 installs by Suppliers each day. Read the full story at Energy Voice or download the plan directly. Utiligroup is engaging extensively to scope solutions for standards based EV data exchange, vital to the full EV roll-out by the 2030s.
As part of the Open Networks Project, the Energy Network Association has launched a consultation on the market standards to underpin delivery of more flexibility to the UK energy system - tackling varied solutions such as EV smart chargers, domestic batteries and demand side response. The consultation calls for responses to how initiatives can be accelerated and seeks to identify barriers to this such as no interoperability or inconsistent service interaction methods. The consultation builds upon ENA's Distribution System Operation (DSO) Implementation Plan, which outlines steps to create efficiently managed local grids. Read the full article from Business Green here & more from Energy Network Association by clicking here.
BEIS recently published their Electricity Market Implementation Plan that identifies market distortions and the measures taken to address failures in a new policy. The plan highlights the measures required to address market failures which includes imbalance settlement, interconnection, energy storage and demand-side response. Cornwall Insight posted this news story on using their daily bulletins - you can download the BEIS plan by clicking the link here.
The National Grid have published FES 2020 documents to stimulate debate across the energy sector. The documents include data, scenario and modelling workbooks, comparison documentation and an interactive report. The team are hosting deep dives all week, taking questions to explore the analysis on specific topics. You can download all documentation by clicking on here for more - or read about the launch by clicking here.
The partnership between Tesco, Volkswagen and Pod Point are celebrating their 200th EV charging site - which offer free charging at Tesco stores. By the end of this year, that number should increase to 400 sites. According to Volkswagen, 669 MWh of electricity have been dispensed over the past 18 months, with EV drivers using the free charging points 150,000 times. You can read the full article at motor1.com by clicking here.
Energy media website the energyst have released a wave of EV content this week - including webinars, an EV report and an article focusing on decarbonisation. The article describes how the decarbonisation of transport and energy is symbiotic and how innovation is required to drive competition in a new energy network. The energyst are also hosting a week of EV webinars held between the 21st and 23rd of July, where all attendees will receive a free copy of the new 2020 EV report. You can sign up to the webinars by clicking here, download the report here or read their decarbonisation article by clicking here.
Ofgem have officially opened their new Energy Regulation Sandbox Service for applications. This allows innovators to try out new ideas with guidance from Ofgem and other industry bodies. The Sandbox offers a range of tools across all areas that Ofgem regulate, including suppliers, generators and network companies. The sandbox also covers those not directly regulated by Ofgem, such as third party intermediaries and energy services providers. If you'd like to know more you can read the article here, learn about Ofgem's Sandbox guidance here or register your interest in the Sandbox by clicking here. We collaborate with prospective entrants & existing customers to pioneer new models & trial innovative customer benefit through the Sandbox.
Cornwall Insight have analysed and outlined the policy proposals required as part of Ofgem's Supplier Licensing Review. Ofgem published its statutory consultation with the aim to raise standards across the energy sector - by promoting better risk management, more responsible governance and strengthening exit arrangements. The article, written by Cornwall Insight Analyst Emma Bill, highlights principles expected of suppliers as part of the new SLR. You can read the article here - or read the Ofgem statutory consultation by clicking here.
Energy Supplier switching has risen this month for the first time since lockdown began. Energy UK released data showing that nearly 3 million customers have switched supplier in the first half of the year, with electricity switching up 7.5% in June compared with May. Independent Suppliers received 53% of electricity switches to or between them within June. According to a report by Compare the Market, 127 fixed energy tariffs are coming to an end in July, with many customers being automatically rolled onto their supplier’s standard variable tariff and more than likely paying over the odds as a result. Energy UK have produced a monthly report which you can download here and you can read the coverage by clicking here.