Guest Blog: Michael Prager – What does AI mean for Energy Managers?

Artificial Intelligence, AI is a new form of computing in which the system is pre-programmed with logic that allows it to mimic the way that humans learn and perform cognitive functions. We see it now as speech recognition, optical character recognition and increasingly pattern recognition and early forms of logical reasoning.

Utility Bidder receives major investment

Utility Bidder has announced a significant investment in its business following a management buy-out backed by Sovereign Capital Partners, the UK private equity specialist.

Claire Perry: Price cap ‘isn’t underground attempt to renationalise energy sector’

The energy and clean growth minister insisted bills have gone down since 2012

UK climate advisers issue emissions warning over Heathrow expansion

They inform of the risks involved in light of the 2050 climate targets

EU throws its weight behind blockchain

The European Commission has launched a new initiative to explore broader uses of blockchain across various sectors. Blockchain technologies, which store blocks of information that are distributed across the network, are expected to impact digital services and business models in areas including energy, insurance, finance and healthcare. They are seen as a major breakthrough as […]

Energy industry ‘must take lead on new policies’

The energy industry needs to take the lead in developing new policies and regulatory frameworks because the government is too busy. That’s according to Mark Gregory, EY’s Chief Economist, who spoke to ELN at our Energy Live Expo last week. He said as a consequence of the Brexit vote, higher inflation and low business confidence […]

Energy industry ‘requires new policy framework’

The energy industry requires a new policy framework based on clear objectives and a simpler structure. That’s according to EY’s Chief Economist, Mark Gregory, who suggested this is necessary after the slowing economy, the EU Referendum and a shift in public mood have reduced business confidence, scared investors and seen the value of the pound […]

UK’s clean generation hits record levels in Q1 2017

Renewable electricity generation in the UK hit a record 24.8TWh in the first quarter of this year, up 5.1% from the same period a year earlier. That’s according to a new report published by the Department for Business, Energy and Industrial Strategy (BEIS), which tracks energy trends and prices as they change quarter-on-quarter and year-on-year. The […]

General election ‘has increased energy investment risks’

  The main problem caused by the general election is that is has created more risk at a time when large energy investments are urgently required. That’s according to Jeremy Nicholson, Director of the Energy Intensive Users Group (EIUG), who spoke to ELN outside Westminster Palace last Friday following the results of the national vote. He said: “Of […]

Decarbonisation ‘causing dramatic changes for utilities’

The largest European utilities have been hit by dramatic changes to the energy sector but most are now changing strategies to adapt. That’s according to a new report from S&P Global Ratings, which suggests the transition to a low carbon economy is creating a significant challenge for suppliers as renewable capacities are added in increasing […]