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Energy Management Summit 2024: Secure your place in London this autumn

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The delegate registration process for the Energy Management Summit is now open for all industry buyers, with two days of supplier meetings, networking and seminars awaiting you.

The Energy Management Summit is a unique event specifically designed for senior professionals like you within the industry!

October 8th & 9th, 2024

Radisson Hotel & Conference Centre – London Heathrow

You can attend this two-day event entirely for FREE.

BOOK YOUR PLACE HERE

ENERGY MANAGEMENT SYSTEMS MONTH: Key supplier considerations for public and private organisations

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Energy management systems (EMS) play a crucial role in achieving efficiency, sustainability, and cost-reduction goals in the contemporary landscape of the UK’s public and private sectors. For Energy Managers tasked with selecting the best EMS for their organisations, the decision can be complex and multifaceted. Here are some top tips to guide this important decision-making process, informed by input from attendees at the Energy Management Summit…

  1. Assess Organisational Needs and Goals: Begin by conducting a comprehensive assessment of your organisation’s energy usage and needs. Consider factors like the size and type of facilities, existing energy systems, and specific energy goals, whether it’s reducing carbon footprint, complying with regulations, or cutting costs. Understanding these needs will help you identify an EMS that aligns with your organisational objectives.
  2. Look for Scalability and Flexibility: The ideal EMS should be scalable and flexible to adapt to your organisation’s evolving needs. Whether it’s expanding facilities, updating systems, or changing energy goals, your chosen EMS should be able to accommodate these changes without requiring a complete overhaul.
  3. Prioritise Data Accuracy and Real-Time Monitoring: An effective EMS should offer accurate data collection and real-time monitoring capabilities. This feature is crucial for identifying energy consumption patterns, inefficiencies, and areas for improvement. The more precise the data, the more effectively you can implement energy-saving strategies.
  4. Ensure Integration Capabilities: The EMS should integrate seamlessly with existing systems in your organisation, such as HVAC, lighting, and renewable energy sources. This integration is key to managing all aspects of your energy infrastructure cohesively.
  5. Evaluate User-Friendliness and Training Support: Choose a system that is user-friendly and offers comprehensive training and support. A user-friendly interface ensures that staff across your organisation can effectively engage with the system, while good training support aids in maximising the system’s potential.
  6. Consider Advanced Features and Analytics: Advanced features like predictive analytics, AI, and machine learning can significantly enhance the functionality of an EMS. These technologies enable proactive energy management by predicting future patterns and suggesting optimisation strategies.
  7. Review Compliance and Reporting Capabilities: Ensure the EMS complies with relevant UK energy regulations and can generate reports for compliance purposes. Reporting capabilities are also important for internal tracking and for communicating progress to stakeholders.
  8. Assess Cost and ROI: While cost is an important consideration, focus on the potential return on investment (ROI). A more expensive system might offer greater long-term savings through higher efficiency and more sophisticated features.
  9. Seek Feedback and Conduct Pilot Testing: Before finalising your decision, seek feedback from peers in the industry and consider conducting a pilot test. This approach can provide insights into the system’s practicality and effectiveness in a real-world setting.
  10. Plan for Future Energy Trends: Lastly, consider future energy trends and how they might affect your needs. Your chosen EMS should be adaptable to future advancements in energy technology and shifting regulatory landscapes.

In summary, selecting the best energy management system for an organisation in the UK’s public or private sectors requires careful consideration of organisational needs, scalability, data accuracy, integration, user-friendliness, advanced features, compliance, cost-effectiveness, peer feedback, and future adaptability. With these factors in mind, Energy Managers can choose an EMS that not only meets current needs but also positions the organisation well for future challenges and opportunities in energy management.

Are you searching for Energy Management Solutions for your organisation? The Energy Management Summit can help!

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New global alliance seeks to propel clean energy in emerging economies

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The World Economic Forum has launched of a new alliance to provide a platform for developing economies to raise awareness about their clean energy needs, share best practices and sustainably accelerate their energy transitions.

The Network to Mobilize Clean Energy Investment for the Global South is made up of 20+ CEOs and government ministers, including from across Colombia, Egypt, India, Japan, Malaysia, Morocco, Namibia, Nigeria, Norway, Kenya and South Africa. The network will provide a collaborative space for its members to accelerate clean energy capital solutions in emerging market contexts – through innovative policies, new business models, de-risking tools and finance mechanisms – and exchange best practices for attracting sustainable flows of clean energy capital.

“Accelerating the clean energy transition is imperative to address the climate emergency, but current investment levels remain far below the scale and pace of change needed,” said Roberto Bocca, Head of the World Economic Forum’s Centre for Energy and Materials. “Unlocking this financing today is not only a key first step towards a secure and equitable energy system tomorrow, but represents a clear opportunity for businesses, as emerging economies account for the lion’s share of the global population.”

The Forum also released a new Forum report today, Building Trust through an Equitable and Inclusive Energy Transition, that outlines a framework to guide policy-makers and business leaders from the energy sector towards a just, equitable and inclusive energy transition, particularly in developing economies, which account for less than one-fifth of global clean energy investments. Its findings make clear that neglecting equity, justice and inclusivity could severely delay the transition, making it crucial to address these aspects holistically at all levels – local, national and global.

The overall annual investment in clean energy in the Global South needs to triple from $770 billion currently to $2.2-2.8 trillion by the early 2030s. While recent spending has increased, the report finds that it remains concentrated in a few countries and sectors, with over 90% of investment growth having occurred in advanced economies and China since 2021.

The network will be chaired by two global leaders, working closely with the World Economic Forum to shape its activities: Rania A. Al-Mashat, Minister of International Cooperation of Egypt, and Samaila Zubairu, President and Chief Executive Officer of the Africa Finance Corporation.

“The network will play a crucial role in bringing together public and private players to pinpoint investment needs, breaking down barriers, and unlocking practical solutions for a just, equitable and sustainable energy transition in the Global South,” said Al-Mashat. “This will be a new space for emerging economies to exchange best practices and lessons learned, and foster collaboration around value chain strategies, regulatory policies, and investment mechanisms. These issues and more are addressed elaborately in the “Sharm El-Sheikh Guidebook for Just financing”, launched during COP27 by the Egyptian Ministry of International Cooperation, with 100+ partners, which also introduces for the first time a definition for just financing.”

As well as galvanizing efforts around the energy transition, the new network highlights the growing importance and untapped potential of emerging nations to the global economy. Seizing these opportunities presents a dual opportunity, as it could help mitigate risks in emerging markets while also ensuring sustainable growth and positive societal impacts.

“The perception of high risk has deterred investments in emerging markets, particularly in Africa, over the years; yet, from where I sit, there is no shortage of de-risking instruments and bankable projects that not only deliver profitable returns but also accelerate development impact,” said Zubairu. “Mobilizing investment for the energy transition is now more urgent. It is time for us to shift the narrative surrounding the financing of clean energy in the Global South from an aid case to a viable investment opportunity, without which we will not reach global net zero.”

The network will also be critical in enabling clean energy finance and investment at the local level. In this context, a Colombia-focused workstream was announced today. The initiative will convene a multistakeholder working group focused on increasing capital for Colombia’s energy transition.

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Will tech-enabled ESG be a global benchmark?

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In the sphere of corporate responsibility, technology becomes the global benchmark for addressing environmental, social, and governance (ESG) challenges. Leading tech companies, responsible for 2-3% of global emissions, are actively addressing climate concerns. Through innovative solutions and heightened efficiency, they not only reduce their environmental impact but also empower customers, emphasising the pivotal role of tech-enabled ESG initiatives in shaping a sustainable future.

That’s according to GlobalData, with Robert Pritchard, Principal Analyst, Enterprise Technology and Services, stating: “Technology is at the heart of business and consumer life. The more tech companies improve their ESG performance, the better for their customers, the environment, and society as a whole.”

With energy costs having risen so much due to factors such as wars and increasing global logistical challenges, the drive for efficiency is driven by economic as well as environmental factors.

Pritchard added: “Tech companies continue to develop solutions to enable their customers to reduce their own emissions. For example, they can route their network traffic to reduce climate impact, or can recycle, reuse, and repurpose last-generation equipment and devices. This reduces strains on scarce resources, and can empower countries and individuals with technology that they otherwise could not access.”

“As we progress into 2024, further ESG challenges will be taken on. Artificial intelligence (AI) requires even more energy to power evolving applications, but at the same time is already being used to optimize electricity use in the latest generations of networks, thus offering net benefits.”

He concluded: “2024 will also see greater concentration on Scope 3 emissions (over which users/customers have no direct control) as they account for 60% to 90% of the total. Leading tech companies are building emissions reporting into their contracts with suppliers, meaning that reducing greenhouse gases will move from being a ‘nice to have’ to an essential requirement of doing business. This will also help to continue to converge ESG reporting with financial reporting, whilst integrating with leading business management software platforms.

“The climate crisis may have lost space in the headlines, but it remains the single most important long-term global challenge. Tech-enabled ESG solutions are making a substantial contribution to tackling that challenge.”

Photo by Copernico on Unsplash

If you specialise in Renewable Energy we want to hear from you!

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Each month on Energy Management Briefing we’re shining the spotlight on a different part of the market – and in February we’ll be focussing on Renewable Energy.

It’s all part of our ‘Recommended’ editorial feature, designed to help energy management buyers find the best products and services available today.

So, if you’re a supplier of Renewable Energy and would like to be included as part of this exciting new shop window, we’d love to hear from you – for more info, contact Danielle James on 01992 374085 / d.james@forumevents.co.uk

Our features list in full:

Feb 24 – Renewable Energy
Mar 24 – Carbon Management
Apr 24 – Metering & Monitoring
May 24 – Water Management/Strategy
Jun 24 – Energy Storage
Jul 24 – Data Collection & Management
Aug 24 – Waste Management
Sept 24 – Solar PV
Oct 24 – Lighting
Nov 24 – Heating & Ventilation
Dec 24 – Onsite Renewables
Jan 24 – Energy Management Systems

eSUVs increasingly used by fleet managers as alternative to diesel vans

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Electric SUVs (eSUVs) are being chosen by some fleets as an alternative to diesel and electric vans, according to new analysis.

Mobility specialist Arval says that as long as the space, payload and towing capacity offered by eSUVs is adequate, they can bring a wide range of advantages over their electric van (e-van) counterparts.

Ben Edwards, Consultant at Arval, said: “We’re at a moment in time when, having largely completed electrification of their car fleets, many businesses are looking to their light commercial vehicles (LCVs) and wanting to complete a similar transformation. However, for some, the current e-van choices available present some operational issues for their needs, especially around range and payload capabilities.

“We have been working with several of these fleets and have presented the concept of using eSUVs as an alternative. It’s quite a radical idea in itself – replacing vans with cars – but it does have many benefits as long as a model with sufficient carrying capacity can be identified.

“These eSUVs will tend to offer better range than vans, often up to 250-300 of real-range miles, solving the key problem that these fleets wanting to electrify their LCVs are facing. Also, the security and safety features offered by the car choices are frequently superior, offering better protection for whatever products and equipment are being carried, as well as more driver safety features such as parking and lane keep assistance technology.

“Additionally, chargepoint accessibility eases with an eSUV compared to an eLCV, although there is innovation and investment in this space, with initiatives such as charge hubs and electric freightways being launched to cater for larger vehicle and tow-charge requirements.

“Supply is another benefit. Generally speaking, new electric SUVs are more easily available than vans, certainly for some of the models that fleets are adopting. This is important because businesses will tend to want to adopt an identical, standard SUV across all of their activities in quantities of hundreds.”

“Of course, there is a human resources advantage to this, too. Generally,drivers would rather have an eSUV than a van and the current benefit-in-kind taxation situation makes this viable for almost all employees and comparable with van taxation.”

Edwards said that the whole life cost comparisons between SUVs and vans were often broadly similar but that this was not always the number one consideration for fleets making this decision.

“The businesses making this move have often made corporate environmental commitments with comparatively short timescales and this is a significant driver behind their current decision making. They want to electrify quickly and the eSUV route is allowing them to achieve this.”

He added that some LCV racking and conversion companies were already taking note of the trend towards eSUVs and producing products especially designed for this sector.

“We’ve been working with supply partners to increase the practicality of eSUV models for specific clients and been pleased to find that they have already been thinking about these vehicles and how they can be made more practical as a van replacement.

“There is also the option of liverying the eSUVs, which can be done in a manner that presents a strong corporate image but can easily be removed when the vehicles are eventually defleeted, ready for private buyers in the used market.”

Edwards added that it was unclear whether the move away from vans towards eSUVs was a long term trend or a solution that would just last one or two replacement cycles.

“As a strategy, this is very much a reaction to current conditions when it comes to electrification. Crucially, we expect to see the range and charging infrastructure to support e-vans improving over the next few years while other options such as hydrogen could start to make something of an impact. The pendulum could yet swing in the other direction and increases the opportunity to choose a zero-tailpipe emission vehicle over a petrol or diesel van.”

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World Economic Forum urges businesses to help ‘close the climate action gap’

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The Alliance for CEO Climate Leaders, a CEO-led community facilitated by the World Economic Forum, has released a new report calling on businesses and governments to shift from incremental to systemic actions to meet climate goals.

The report, Bold Measures to Close the Climate Action Gap: A Call for Systemic Change by Governments and Corporations, was published in partnership with the Boston Consulting Group (BCG) and complements the State of Climate Action report launched prior to the COP28 climate change conference.

According to the analysis, while individual climate action has increased, collectively the sum is not sufficient to reach the level of systemic change needed. There is a 600-plus gigaton gap in national emissions reduction ambition and policy that needs to be closed to limit global warming to 1.5°C. As such, stronger government action is needed.

Meanwhile, looking at CDP data for the 1,000 largest companies globally, likely well over 10% of global emissions are in the supply chains of those companies– showing the dramatic systems impact that the world’s largest companies could have.

“The first UN global stocktake and the first part of this report have highlighted a large climate action gap that we are not on track to close,” said Pim Valdre, Head of Climate Ambition Initiatives at the World Economic Forum. “We need to urgently shift into delivery mode, focusing on immediate actions with outsized impacts. Enabling these actions calls for public-private action to drive the right policies, technologies and financial solutions needed to achieve a system-wide transformation.”

While COP28 showed new impactful steps, such as the global agreements to triple renewable energy and double energy efficiency by 2030, more is needed to deliver on commitments, the report concludes.

The Alliance of CEO Climate Leaders, which consists of more than 120 top companies from diverse industry sectors and regions, representing more than $4 trillion in total revenues and 12 million employees, called for decision-makers at the international climate change conference to shift from incremental actions to those that can transform systems and reach exponential impact.

“While COP28 resulted in very good progress and many companies have already started climate initiatives, the sum of the parts is still insufficient. Companies remain constrained by obstacles such as high costs and interest rates, low customer willingness to pay, or a lack supporting permitting and regulations,” said Rich Lesser, Global Chair of Boston Consulting Group and Chief Advisor to the World Economic Forum’s Alliance of CEO Climate Leaders. “This report brings answers to these obstacles, with examples of practical actions that can transform systems from the inside. If all government and corporate leaders start acting on them now and together, we will go a long way towards the scale of impact that we need.”

Private-sector action

The reports asserts that companies can and should drive systemic impact beyond their internal initiatives, highlighting five actions with the potential for dramatic impact:

Government action

Governments have a large responsibility to deploy mitigation solutions in a just and socially acceptable way. The report highlights five priorities to help close the 600-plus gigaton emissions gap:

  • Move up net-zero targets to 2050 or earlier, increase near-term targets, and raise financial and technical support from higher-income to lower-income nations.
  • Recognize and put a material price on carbon.
  • Double financing and incentives and make public procurement green.
  • Remove obstacles such as permitting lead times, supply chain bottlenecks, skill gaps and social distrust.
  • If progress remains too slow, consider more drastic measures, such as hard technology bans, or massive adaptation and removal investments.

How to deliver these and other critical actions for the net-zero transition will be discussed by business leaders at a meeting of the Alliance of CEO Climate Leaders during the World Economic Forum Annual Meeting 2024.

ENERGY MANAGEMENT SYSTEMS MONTH: Balancing sustainability goals with long-term savings

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Energy management, a critical aspect of both commercial and public sectors in the UK, has undergone a significant evolution in recent years. Driven by technological advancements, environmental concerns, and regulatory changes, these sectors have shifted from traditional energy practices to more sustainable and efficient methods. Let’s explore these transformations, underlining the innovative strategies now being employed in the UK’s energy management landscape…

Traditionally, energy management in these sectors was focused on cost reduction, with little consideration for environmental impact. The approach was primarily reactive – dealing with energy costs as a fixed overhead. However, with the growing emphasis on sustainability and the impact of climate change, there has been a paradigm shift. The current energy management strategies are not only about reducing costs but also about reducing carbon footprints and enhancing energy efficiency.

One of the significant changes in energy management is the adoption of renewable energy sources. The UK’s commercial and public sectors are increasingly investing in renewable energy technologies such as solar panels, wind turbines, and biomass energy systems. This shift is driven by the government’s commitment to reducing greenhouse gas emissions and the availability of incentives for renewable energy projects. Renewable energy not only helps in achieving sustainability goals but also in long-term cost savings.

Another key development is the use of advanced energy management systems (EMS). These systems employ real-time data monitoring and analytics to optimise energy usage. They can identify patterns in energy consumption, predict future usage, and suggest ways to reduce energy waste. The use of smart meters and IoT (Internet of Things) technology in these systems allows for more precise control over energy consumption, leading to significant efficiency improvements.

Energy efficiency has also become a priority in building design and management. The UK’s commercial and public buildings are increasingly being designed or retrofitted to be more energy-efficient. This includes better insulation, energy-efficient lighting, and heating, ventilation, and air conditioning (HVAC) systems. Green building certifications such as BREEAM (Building Research Establishment Environmental Assessment Method) have become sought-after, reflecting a building’s environmental performance.

Furthermore, there is a growing focus on employee engagement and behavioural change in energy management. Organisations are educating their employees about energy conservation and encouraging practices like turning off lights and equipment when not in use. This shift recognises that human behaviour is a critical component in effective energy management.

The role of government regulations and incentives in this evolution cannot be overstated. Policies like the Climate Change Levy (CCL) and the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme have incentivised organisations to adopt more energy-efficient practices. Grants and subsidies are also available to support energy-saving initiatives.

In conclusion, the approach to energy management in the UK’s commercial and public sectors has evolved from a cost-centric to a more holistic, environmentally conscious perspective. By embracing renewable energy, advanced technology, efficient building management, and behavioural change, these sectors are leading the way in creating a more sustainable and energy-efficient future.

Are you searching for Energy Management Solutions for your organisation? The Energy Management Summit can help!

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You can now register for the Energy Management Summit 2024

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Calling all Energy Managers! You can now reserve your delegate places at the next Energy Management Summit – we have both live and virtual attendance options available.

The Energy Management Summit is a unique event specifically designed for senior professionals like you within the industry!

October 8th & 9th, 2024

Radisson Hotel & Conference Centre – London Heathrow

You can attend this two-day event entirely for FREE.

BOOK YOUR PLACE HERE

Access online courses to boost your Energy Management skills

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We have a wide selection of online courses tailored specifically for the energy management sector, enabling you to both amass new skills and improve existing ones in 2024 and beyond – start learning today!

These are specially-curated online courses designed to help you and your team improve expertise and learn new things.

The Management, Leadership & Business Operations online learning bundle provides you with over 50 courses, which cover all areas of both professional and personal development:

  • Costs, Volumes and Profits Certification
  • Agenda Setting Certification
  • Health and Safety in the Workplace (UK) Certification
  • GDPR in The Workplace Certification
  • Project Management Foundation (Small Projects) Certification
  • Project Preparation Certification
  • Making Meetings Matter Certification
  • Marketing Certification Level 2
  • Managing Emotions at Work Certification
  • Managing Your Workload Certification
  • UK Employment Law Certification
  • Workplace Monitoring and Data Protection Certification

And many more!

Find out more and purchase your ticket online here.

Additionally, there are a variety of bundles available on all spectrums;

  • Personal & Professional Development
  • Healthcare
  • Sports & Personal Development
  • Human Resources
  • Customer Services
  • Health & Safety
  • Education & Social Care Skills
  • Sales & Marketing
  • IT & Personal Development

Book your courses today and come out of this stronger and more skilled!