As we eagerly await the government’s Net Zero Review and Energy White Paper to understand more about how the UK will be expected to meet its 2050 net zero goal, many businesses are already taking steps to work towards their own net zero targets.
National Grid’s Optional Downward Flexibility Management (ODFM) service came to an end this weekend, on Sunday 25 October. But will this be the last we see of it?
Most people would choose the incentive of carrot rather than the avoidance of stick when being asked to change their behaviour.
Yet, in the area of government directives, sticks are often the ‘motivators’ to get businesses to comply.
When it comes to meeting the government’s 2050 net zero emissions target, we’re still not clear on how the carrots will stack up against the sticks. Hopefully the long-anticipated Net Zero Review and Energy Whitepaper will provide some answers.
We are less than two weeks away from the start of the 2020/21 Triad season, and customers are already asking us what to expect.
Sadly, we don’t have a crystal ball to predict when the three half hours of peak demand will fall over the coming winter season.*
But we do have an expert team of Triad-forecasting specialists who scrutinise all of the key energy data, weather conditions, national demand trends and a whole range of other factors to call out likely Triad periods.
Cutting the UK’s emissions to net zero by 2050 is going to require big changes. And potentially big investment. While research we recently conducted found businesses are optimistic about embracing these changes, there is understandably concern about how the transition will be funded.
For a term that’s a relative newcomer to our everyday business language, net zero has gained a lot of traction in a short time.
A Google search, for example, brings up 1.47 billion results. And businesses of all sizes are feeling under pressure to have an official stance regarding their commitment to net zero.
Certainly, we hear from customers everyday asking for help with defining or delivering a net zero strategy. But what do businesses really think?