Data challenges in the GB electricity market
Data is at the heart of the Net Zero transition of the electricity system. The move towards a more intelligent electricity infrastructure is significantly increasing the amount of data available across the electricity system. What is more, all these data enable decisions to be made more intelligently in an increasingly complex system. Accurate, accessible and timely data are becoming vital to the safe and secure operation of a decarbonised energy system.
The Energy Data Taskforce’s 2019 recommendations, embedded in RIIO-2 business plan guidance from the regulator, create a need for appropriate access to data held across a multitude of systems. As part of the RIIO business plan submissions, network businesses need to publish their “Digitalisation Strategies”, including how they will enable current and future users of energy system data to access, understand and challenge their digitalisation strategies.
To make sure they can meet these growing data requirements, operators must answer four key questions:
- What are the implications of the regulator’s RIIO-2 business plan guidance for your approach to data?
- Does your digitalisation strategy support your transition from DNO to DSO?
- What are the benefits to your business of improving the accuracy, completeness and timeliness of data?
- What’s your approach to delivering operational benefits from your innovation portfolio?
As a trusted innovation partner in the electricity sector, we have used our resources and experience to create a suite of solutions that support network operators in creating value from their data.
Find out more about CGI in Utilities.