In December, we reconvened the Open Energy Steering Group. The Steering Group comprises a wide range of industry leaders and subject matter experts, representing a cross section of private and public players with a unique contribution. The Steering Group plays a critical role in Open Energy’s development, providing us with a sector perspective that ensures that Open Energy is designed for and with the energy industry.
The group heard a summary of the Virtual Energy System (VES) programme which aims to create a common data-sharing infrastructure that will help facilitate the transition to net zero. The project’s next steps will focus on completing the prototype collaboration project by mid-January.
The UK data-sharing strategy for 2024 was discussed, focusing on increasing connection between existing and new initiatives. It was discussed that the data-sharing infrastructure should be positioned within a multifaceted approach which embeds data quality and continuously improves.
- It was noted that Perseus, which aims to improve lending behaviour based on sharing electricity data, was announced at the UK Pavilion during COP28.
- The project delivered a 100-page report with support from Steering and Advisory Groups representing 150+ people, over a dozen Trade Associations, over 20 commercial members, and the UK Government.
- Major achievements included alignment on 30-minute resolution smart meter data, helping to catalyse a code change with RECCo, and presenting a joined-up strategy for implementation.
- Perseus is an example of Open Energy in implementation and its emerging governance work could help support and illustrate how governance should work more broadly.
- A summary of the Virtual Energy System (VES) programme was presented. The objective is to create a common data-sharing infrastructure, ultimately to enable an ecosystem of connected digital twins that will help facilitate the transition to net zero.
- The UK strategy for data sharing was discussed. This included the need for greater connection between existing and new initiatives.
- The interplay between the expected consultation from Ofgem on governance in relation to the data-sharing infrastructure and the ongoing work was discussed.
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