Utility Week

Utility Week 27th April 2018

Utility Week - authoritative, impartial and essential reading for senior people within utilities, regulators and government

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UTILITY WEEK | 27TH APRIL - 3RD MAY 2018 | 23 Customers Speakers' views: 1. Governance and regulation needs to be rethought to keep up with the transformational change the energy industry is going through. 2. The mass of different codes and regulations can be intimidating for new entrants. 3. Innovation can have unintended consequences, so accurate modelling is essential. 4. Failure to protect consumer data could lead to a backlash. 5. Data is the new oil. New business models rely on data rather than assets, and data is enabling new relationships with customers. Key points Peter Jones, strategy manager, ABB technology "Be careful what we all wish for here because you could actually unleash something that is potentially not con- trollable." Claire Jones, senior policy adviser, BEIS "We have to bring consumers with us. If we don't, none of this transformation is going to happen." Randolph Brazier, head of innovation and development, ENA "[We need] someone putting in place the right incentives to make sure all relevant energy sectors work together in a co- ordinated manner." Linda Chandler, smart cities adviser, Energy Systems Catapult's Future Power Systems Architecture "We've always thought of data as a cost and now we're starting to think about the profit-making qualities of data." John Batterbee, head of architecture and transformation, Energy Systems Catapult "If you talk to custom- ers in terms of the value of a heated room… then not only do they engage, but they become highly demanding." Peter Bingham, chief engineer, Ofgem "There's a mass of legalistic codes. There's a mass of licences. There's a large number of dif- ferent organisations dealing in different aspects of data. All that can be difficult for a new entrant to manage." Brought to you in association with

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