<p>The Way to profit from Company energy Options </p>

The Way to profit from Company energy Options

Firms can Reduce their carbon footprint and benefit from the Assortment of onsite energy Alternatives now available

Energy infrastructure in the united kingdom is rapidly evolving. We no longer rely on large centralised power plants to provide our energy needs. Instead we’ve got an innovative energy mix, with an ever-increasing number of renewable energy being introduced to the grid and a variety of onsite energy options available.

However, this development doesn’t have to be a cause for concern because of change comes opportunity. Exciting energy options are giving businesses the opportunity not just to reduce their carbon footprint, but to benefit from it as well. How? Through control and flexibility over the electricity source.

We rely on large centralised power plants to provide our energy needs

Basically, Demand Side Response (DSR) providers are providing technology that enables businesses to gain from this revolution.

Firms that own creation, for example small localised electricity plants, or even the ones that operate energy-intensive websites, can turn up, turn or shift their energy usage to help balance the electricity grid network and consequently get payments for this.

How much electricity do you want?

Firms can take whole benefit of the varying energy needs by engaging in DSR schemes. When the UK’s power demand is at its highest instead of relying on electricity stations to handle the peaks, we can use energy more intelligently to manage the peaks in demand.

When the grid needs it, customers can change their energy usage to help relieve strain on the machine in times of peak need. But in return, the customer gets compensated.

We can utilize energy more intelligently to Deal with the peaks in demand

By way of instance, large retailers can lower their energy consumption across multiple shops, big industrial producers could shift their methods to avert the peaks, and even businesses with generators on their site can activate these to offset their import.

E.ON has its own Virtual Power Plant system, built, developed and employed in house that brings together its customers’ energy resources, such as energy consumption, generation and storage systems, into one integrated network that’s monitored and optimised. As Annalisa Bell, E.ON’s technical sales director, explains:”DSR is about optimising the flexibility that customers have from their current infrastructure, and also the chance to utilize this flexibility intelligently.

Working together: engaging in DSR schemes can help businesses save moneyCharge: Getty

“The advantage of getting E.ON as a DSR services provider is that together with creating revenue from existing DSR markets, we can provide entry to the wholesale energy trading markets, even as an additional revenue stream to increase value for our customers,” states Ms Bell.

As such, she states:”Customers could gain from DSR by shifting their projected maintenance outages to avoid peak periods and relieve stress on the machine meaning they’re there to offer flexibility when it’s needed most.

“There are a number of options for connecting assets to our digital power plant; because the client core business is paramount that we work with customers to understand their own limitations, what is and is not affordable for them and then design a DSR programme that suits their own demands, cost structure and prerequisites. Any business that has flexibility in their consumption of energy or has creation on site could gain from DSR.”

A much better solution

E.ON has helped businesses generate additional earnings and savings of approximately #1.37m through its DSR solution so far from 2017. This figure is anticipated to rise to #4.3m in 2018 and 8.1m in 2019.

Crucially, businesses are able to make these cost savings and extra income streams at precisely exactly the same time as decreasing their carbon footprint.

Throughout a DSR solution, spare capacity or decreased consumption in 1 area of the network may help balance greater need, consequently help to decrease the need for traditional power plants, and enables more renewables to be cost-effectively incorporated to the grid, helping to contribute to a secure and sustainable method.

DSR Is about optimising the versatility that customers have from their existing infrastructure

This becomes even more critical within the varying growth of the UK’s renewable generation.

While DSR is likely to encourage businesses to adopt new and energy-efficient onsite production solutions, among the most appealing things about it’s the fact it can be done within a business’s existing infrastructure, using very minimal if any investment needed.

“Firms should speak with a reliable energy spouse,” states Ms Bell. “Assess the alternatives available and speak to folks who can help you recognize the industry and what’s right for you. All customers are distinct, we operate with customers ranging from major high-street retailers to big industrial producers and all of them have different needs, so it’s about finding the right solution for their enterprise.”

Whether you currently produce energy on site, or are simply looking to reduce invoices, innovative solutions like this can provide your business the power to not just help reduce global emissions but also to profit from a fast changing world.