Optimal Monitoring brings you ‘EMMA’ – Artificial Intelligence (AI) for the Energy Management leader.
We’re teaching our system EMMA to interpret utility consumption to identify anomalies and critically what to do about them. EMMA makes energy management simple, looking out for trouble and providing simple solutions so you don’t have to.
Working with academics from The University of Reading and blue-chip clients we’ve been building the future of energy managem
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Optimal Monitoring
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Hot sauce and a muster dog: on the ground at Beef2024, the southern hemisphere’s biggest cattle industry expo
via theguardian.comEmissions, sustainability and windfarms are front of mind at Rockhampton’s Beef Week celebrationsSign up for the Rural Network email newsletterJoin the Rural Network group on Facebook to be part of the communityIt’s not your typical industry conference.Sure, there are some people wearing suits, and a lot of lanyards swinging around necks. There are seminars (35 on the 140-page program, with 125 speakers); international guests (617 from 35 countries); long lunches and even longer dinn -
Energy companies charging NSW solar panel owners for exporting power criticised by lobby group
via theguardian.comAusgrid has introduced a tariff to incentivise solar panel owners to export power in eveningGet our morning and afternoon news emails, free app or daily news podcastA new tarriff that will see solar panel owners charged for exporting their energy during the middle of the day could discourage solar uptake, consumer groups say.Ausgrid, which has around 280,000 customers in New South Wales with rooftop solar panels, has introduced a two-way tariff system to incentivise solar panel owners to export -
Nearly 70% of UK utilities risk failing HSE inspections
Nearly 70% of utility firms in the UK face the risk of failing Health & Safety Executive (HSE) inspections due to insufficient data on asset management, a new study shows.
The research, conducted by enterprise asset management specialist BPD Zenith, surveyed 500 individuals responsible for asset management and maintenance in the utility and renewables sector.
Findings indicate that 18% of utility companies have received enforcement action in the past due to assets not meeting HSE compliance -
Concerns arise over high fuel retailer margins
The RAC has raised concerns over excessive fuel prices in a letter to Energy Secretary Claire Coutinho, citing diesel margins at a staggering 18p per litre, double the long term average.
Despite government efforts to increase transparency and competition, including a voluntary Pump Watch scheme, fuel margins remain unjustifiably high, according to the RAC.
RAC fuel spokesman Simon Williams said: “We feel the current margins being charged by larger retailers in particular are extremely unfa -
UK struggles behind Europe in smart meter race
Recent analysis conducted by LCP Delta highlights disparities between Britain and its European counterparts in deploying electricity smart meters.
While the UK has progressed in installing these meters in domestic properties, data indicates it trails several European nations in achieving widespread adoption.
Government statistics reveal that approximately 36% of UK households lack electricity smart meters, raising concerns about meeting national targets.Comparative data from European countries s -
UK invests £1.5m in battery developers
Innovate UK’s Faraday Battery Challenge (FBC) has allocated £1.5 million to support battery developers in the UK, facilitating innovative projects in battery manufacturing, demonstration, scale-up and recycling.
The recipients, announced at the Battery Cells and Systems Expo in Birmingham, will have the opportunity to scale up their initiatives at the UK Battery Industrialisation Centre (UKBIC).
The funded projects span cylindrical and pouch cell technologies, introducing advanced Li -
UK car makers expected to fall short of electric sales target
Car manufacturers are on track to miss the government‘s target for electric vehicle (EV) sales this year, with approximately 19.8% of the new car market predicted to be battery-electric, according to the Society of Motor Manufacturers and Traders (SMMT).The government’s Zero Emission Vehicle (ZEV) mandate, introduced in January, requires at least 22% of new cars and 10% of new vans sold by major manufacturers in the UK to be zero-emission vehicles in 2024.
However, SMMT Head of Techn -
South West Water advises boiling water due to parasite outbreak
South West Water has advised customers in Alston and the Hillhead area of Brixham to boil their drinking water following new test results showing small traces of cryptosporidium.
Cryptosporidium is a parasite commonly found in the intestines and faeces of infected humans and animals.
It can be transmitted through contaminated water, swimming in or drinking from affected sources, as well as consuming contaminated food.Authorities are currently investigating the source of the outbreak to prevent f -
SSE greenlights £100m Scottish wind farm
SSE Renewables has confirmed the construction of the Aberarder Wind Farm in the Scottish Highlands, an investment of approximately £100 million in its onshore wind portfolio.
The decision follows the project’s success in securing a 15-year Contract for Difference (CfD) in the UK’s fifth allocation round in September 2023.The 50MW wind farm, consisting of 12 turbines, is set to begin construction by the end of this year, with completion targeted for the end of 2026.
Located at S -
Hydrogen, solar and batteries – did the 2024 federal budget deliver on clean economy investment? | Tennant Reed
via theguardian.comLabor’s Future Made in Australia policy has enough money to move the needle. What matters is implementation – and readiness to adjust course if neededGet our morning and afternoon news emails, free app or daily news podcastBusiness groups such as ours, alongside investors, unions and climate campaigners, have been calling out for a big push on clean economy investment.So what should we make of the 2024-25 budget and have those calls been answered?Sign up for Guardian Australia’ -
UK faces major infrastructure crisis, MPs warn
The UK Government and the wider economy do not have the necessary skills and capacity to deliver ambitious infrastructure plans over the next five years, according to a report released by the Public Accounts Committee (PAC).The report highlights significant shortages in technical and engineering disciplines, with gaps in the workforce expected to worsen due to competition from global development projects.
Project management and design are also areas of concern, especially in senior roles.
Of the -
Energy Secretary prioritises food security in solar plans
Energy Security Secretary Claire Coutinho has informed the Parliament that the government aims to protect high-quality agricultural land to ensure food security amid growing geopolitical tensions.Ms Coutinho stated that solar energy will remain a key part of the government’s strategy for energy security and achieving net zero emissions.However, the Energy Secretary emphasised that large solar projects should be prioritised on brownfield sites, contaminated land, industrial areas and lower -
Flagship Energy’s Tejal Shah Energy Markets Update – 15th May 2024
Tejal Shah, Head of Trading & Risk at Flagship Energy provides a market updateThe UK and European gas wholesale market has continued to trade within a range over the past week. The markets opened softer on Monday however news that Russia’s military had stationed small assault units near Ukraine’s northern Sumy region, which is close to the Sudzha area where Russian gas transits to Europe via Ukraine, lent some support to TTF and NBP prices yesterday. Slightly lower temperatures o -
Ofgem’s energy tariff plan sparks backlash
MPs and the public have expressed disapproval of Ofgem‘s plans to permit energy suppliers to conceal their cheapest deals from existing customers, according to new polling commissioned by So Energy.The proposal aims to lift the current ban on suppliers offering cheaper deals exclusively for new customers, potentially allowing hidden discounts for switchers via Price Comparison Websites (PCWs).
However, new polls by So Energy indicate that seven out of ten MPs and nine out of ten energy cus -
Majority of UK homeowners clueless about heat pumps
A new survey by the Construction Industry Collective Voice (CICV) shows that nearly 59% of UK homeowners lack the necessary information to transition to renewable heating technologies such as heat pumps confidently.
The polling shows that almost 26% of respondents felt well-informed about these alternatives to traditional heating systems.The survey revealed regional variations in knowledge about renewable heating technologies. In London, nearly 35% of respondents felt well-informed, the highest -
Dogger Bank B foundation installation begins
The team behind the world’s largest offshore wind farm, Dogger Bank, has initiated the foundation installation campaign for the second phase of the development.Seaway7’s vessels Seaway Strashnov and Seaway Alfa Lift have begun installing monopile foundations and transition pieces for Dogger Bank B, marking a significant step forward in the offshore wind farm project.The monopile foundations and transition pieces, manufactured by Sif and Smulders, provide a stable base for GE Vernova& -
£86m boost for UK’s offshore turbine tech
UK Research and Innovation (UKRI) has announced £85.6m of capital funding for the Offshore Renewable Energy (ORE) Catapult to expand and upgrade its testing facilities at the National Renewable Energy Centre in Blyth, Northumberland.
This investment aims to support the development of the next generation of wind turbines in the UK.The new facilities will enable the testing of wind turbine blades up to 150 metres and drive trains up to 23MW, with the capacity for future expansion to 180m and -
Ofwat proposes £100m water efficiency fund
Ofwat has published its second public consultation on a five-year £100 million Water Efficiency Fund (WEF) aimed at reducing water usage and saving customers money on their bills.
The WEF, set to launch in 2025, will complement ongoing efforts by water companies in England and Wales to halve leakage and develop up to £14 billion of water supply infrastructure projects.Current projections indicate that England and Wales will need over four billion extra litres of water per day by 2050 -
Ofgem reviews energy price cap operating cost allowances
Ofgem is reviewing the operating cost allowances within the energy price cap.
This includes setting allowances based on up-to-date information, exploring different methods and updating allowances in the future.The review invites responses from those interested in how these allowances are set, including energy suppliers, industry bodies, consumer groups and charities.
The consultation aims to ensure the energy retail market remains investable and resilient, while continuing to protect energy cust -
UK turns up the heat with £557m for greener public buildings
More public buildings and businesses will benefit from over half a billion pounds in funding to help reduce their energy bills and carbon dioxide emissions.Schools, pools, and hospitals will be supported to make energy-efficient upgrades, with over £557 million in government investment.
Heat pumps, solar panels, insulation, and low energy lighting will be rolled out to reduce the use of fossil fuels across the public sector and strengthen the UK’s energy independence, helping save ta -
Octopus tariff manages 1GW of EV batteries
Octopus Energy has announced that its Intelligent Octopus Go tariff now manages a combined 1 gigawatt (GW) worth of electric vehicle (EV) batteries by integrating 150,000 EV batteries into a virtual power plant using Octopus Energy’s technology platform, Kraken.
This system enables automatic shifting of EV charging to optimise energy usage.
The 1GW capacity can power both Birmingham and Leeds on a typical evening.
Launched in early 2022, the tariff offers six hours of low cost charging eac -
UK businesses struggle with soaring energy costs
A recent report from Centrica Business Solutions reveals that more than half (56%) of UK businesses plan to increase their onsite energy generation capacity within the next two years.
The report, titled “How data, onsite generation and leadership strengthen energy control,” highlights the impact of unpredictable energy costs on business growth, with a third (34%) of businesses stating that these costs have limited their growth over the past year.The research identifies mitigating ene -
UK pumps £3m into Orkney’s marine energy centre
The UK Government has allocated £4.6 million for its islands, with £3 million designated for the European Marine Energy Centre (EMEC) in Orkney.
Levelling Up Secretary Michael Gove announced the funding during the UK Islands Forum, emphasising EMEC’s role in ocean energy testing.Established in 2003, EMEC is the primary wave and tidal energy testing centre globally, hosting numerous ocean energy technologies.
Its economic impact assessment values its contribution to the UK econo -
Future Made in Australia: $23bn for ‘biggest transformation since Industrial Revolution’
via theguardian.comVast array of projects included in sweeping package aimed at boosting domestic manufacturing and speeding up path to net zeroFederal budget 2024 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2024 Australia federal budget coverageGet our morning and afternoon news emails, free app or daily news podcastThe Australian government is trumpeting a $23bn package over the next 10 years to spur domestic manufacturing, speed up the path to net zero -
National Grid invites Derbyshire residents to share views on clean energy project
National Grid has initiated a public consultation inviting residents of Derbyshire to provide feedback on a proposed clean electricity project.
The project involves the development of a new 60-kilometre, high voltage electricity power line running between Chesterfield and Willington.
This initiative aims to bolster energy supplies in the region and support the UK’s energy security and net zero targets.
The consultation, scheduled to run for eight weeks starting from 14th May until 9th July -
AI cuts carbon capture design time from 100 days to 24 hours
A new multimillion-pound project led by Heriot-Watt University’s global research institute for net zero is utilising artificial intelligence (AI) to significantly reduce the time and cost of modelling carbon capture and storage (CCS) methods.
The project, named ECO-AI, aims to develop specialised AI techniques for scientific computing, material discovery and financial forecasting to enable efficient carbon capture and storage in deep geological formations while outlining the financial impl -
North Sea operators propose £3bn emissions reduction projects
North Sea oil and gas operators are considering investing up to £3 billion in 14 major projects aimed at reducing up to 32 million tonnes of lifetime carbon dioxide equivalent emissions from their production activities.This potential reduction exceeds London‘s estimated annual emissions for 2021.
The proposals were highlighted at the North Sea Transition Authority’s (NSTA) annual performance review, which focused on actions to safeguard the industry’s future and sustain p -
Fossil fuel firms forcing countries to compensate them, Mary Robinson says
via theguardian.comFormer Irish president and Ban Ki-moon say fossil lobbying is hampering climate progressFossil fuel companies are forcing governments to compensate them for lost earnings in the transition to a low-carbon global economy, and destroying the world’s ability to counter their harmful activities, former top UN officials have warned.Mary Robinson, the former president of Ireland who was twice a UN climate envoy, said she was “outraged” by the activities of fossil fuel companies, incl -
Ofgem consults on ending ban on acquisition-only tariffs
Ofgem has launched a statutory consultation to explore the removal of the ban on acquisition-only tariffs, which restricts energy suppliers from offering tariffs exclusively to new customers.
The consultation considers two potential timelines for the removal: after six months, starting 1st October 2024, or at the end of the existing extension period on 31st March 2025.The ban was initially introduced in April 2022 as a temporary measure to stabilise the market during the wholesale price crisis.
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