Businesses that get to grips with flexible energy consumption and take steps to understand the flexibility within their estate will weather incoming change better than those that fail to fully engage with energy, according to Kinect Energy Group.
The consultancy has urged firms to take a longer-term view of their energy requirements while taking steps to understand the impact of significant charging regime changes.
As Ofgem works through reviews of network charging, businesses will need to take a more active approach to elements like agreed capacity, or how much power they can draw from the network, said the consultancy.
Changes to network charging structures and how capacity is allocated will also have a significant bearing on businesses planning to implement electric vehicle (EV) charging infrastructure.
While EV penetration remains relatively small, businesses must start to plan infrastructure upgrades now to avoid complications later, warned Kinect.
The consultancy’s new podcast with The Energyst also discusses: the impact of the Capacity Market suspension, and its likely impact on bills; how the Medium Combustion Plant Directive may affect participation of back-up generators in demand-side response schemes; and why vehicle to grid services may ultimately take standalone behind the meter storage out of the game.
Listen to the podcast here:
Visit Kinectenergy.com to find out more.