Benefits of Modernisation in the Energy Sector

23 April 2024

In an era where technology permeates every facet of industry, modernisation and progress are inevitable. This is perhaps more evident in the UK Energy sector than any other. Over the past decade, the landscape of the UK energy industry has undergone seismic shifts, from the widespread adoption of Smart Meters to the introduction of a Central Switching Service, Elective Half-Hourly Settlement, Project Nexus in the Gas industry, and most recently, MHHS (Mandatory Half-Hourly Settlement).

Standing still in the face of such advancements is not an option; these changes have been a critical part of delivering progress, and made mandatory by regulators. The energy retail market in the UK continually adapts to global shifts alongside domestic requirements. The outcomes of this forward-looking strategy are evident in reports like the World Energy Outlook by the IEA, showcasing the UK’s favourable standing compared to other global economies, particularly in areas like demand-side response and other cutting-edge technologies. This highlights the sector’s adaptability, effectiveness of its strategic initiatives, and commitment to staying at the forefront of the evolving energy landscape.

For decades, Flui has been at the forefront, assisting clients in navigating major change programs. Our Smart Metering platform, MeterFlow, stands as a testament to our commitment to innovation, designed and tailored specifically for the UK market, capable of scaling to many millions of meter points. With the advent of Smart Meters, Flui seamlessly facilitated the transition for clients, ensuring smooth operations in the face of disruptive changes like Project Nexus and the Central Switching Service. MeterFlow, with our DCC adaptor, provides a cutting-edge solution in the Smart energy landscape.

Now, with the emergence of MHHS, yet another milestone in the industry’s evolution, the complexity of implementing large-scale change becomes even more apparent. Partner and solution selection play pivotal roles in determining the success of such endeavors. Beyond core functionality, factors like performance, reliability, training, and post-implementation support are paramount.

As our industry evolves through modernisation, Flui stands ready to accompany you every step of the way, ensuring your success in an ever-evolving energy landscape. We understand our clients are unique and want tailored support, even when using industry standards, and want the benefits of our productisation.  We achieve the balance between a tailored fit and a one-size-fits-all solution by assembling client solutions using our standardised product components delivered by our team of industry experts.

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