The Future of the UK Energy market

04 November 2021
Events
MECOMS

NOVEMBER 10, 2021 | 11.00 AM GMT | ONLINE | UK Energy Futures Webinar

Staying up-to-date in a constantly and rapidly changing Energy market is immensely important these days. Even though it is not that easy any more. Nowadays, information is spread over different channels and that makes it difficult to collect and summarize it. After all, one report is more convenient to share with your organization than 10 different articles, right?

We also noticed this need among our partners, colleagues and customers. That is why we decided to commission a research and webinar programme focused on potential developments in the energy utilities marketsconduct together with our Enstra Consulting, Cornwall Insight and Delta-EE, in order to collect trends and insights and group them in one handy and sharable overview.

We sent out the survey to various key players within the UK Energy Market and combined their insights with our partners’ insights.

The survey covers responses from executives drawn from energy supply (36%), energy services (33%), and IT/Consultancy (24%) and some we categorized as other (7%).

Insights gathered

Issues that keep a CEO awake at night

Several interesting trends emerged when analysing the results. With Conference of the Parties (COP 26) in play, it is interesting to note that the top three issues seen as keeping an energy retailer’s CEO awake at night are:

  • My company’s transition to Net Zero
  • My customers’ transition to Net Zero
  • Losing Market Share

Evolution range of products and services & new entrants

The range of products that the survey respondents saw as being offered by energy retailers in 5 years’ time was explored, and clear differences arose between the products. Of particular interest are the uncertainties surrounding natural gas, and how perceptions vary across the various constituencies.

The range of services that will be offered in 5 years’ time was also explored and

clearly demonstrated the breadth of service provision that is seen as inevitable.

We also looked at the likely arrival of new entrants, where from, and what would make them successful. 91% of respondents see new entrants on the horizon – and there were clear views as to where they would come from, together with valuable insight into what would make them successful.

Attend the webinar on the 10th of November

To see for yourself the learnings that can be taken from the research simply attend the Energy Futures webinar on the 10th November when the research will be presented, alongside leading insights on changing technologies and market developments from Delta EE and Cornwall Insight.

After the webinar, you will receive the detailed report, so you can share it with colleagues and stakeholders.

Agenda

11.00 – 11.15 AM: Results survey explained by Peter Franklin, Enstra

11.15 – 11.30 AM: Rowan Hazell from Cornwall shares market insights

11.30 – 11.45 AM: Energy tech insights shared by Andy Bradley, Delta-EE

11.45 – 11.55 AM: Panel Q&A

11.55 – 12.00 AM: End word

Our partners

About Enstra

Enstra Consulting focuses on helping organisations grow their footprint in the Energy and Utilities sector. Besides the consulting of companies, Enstra created a training business because clients often asked them to train them in “Pyramid Thinking Plus”. And with success!

For more than 15 years now, Enstra has trained organisations in management consultancy, engineering, information technology, pharmaceuticals, financial services, local government and also, of course, companies interested in energy and the utilities as well.

About Delta-EE

Delta-EE provides research to the new energy industry through services and consultancy projects.

They provide subscribers with reports throughout the year and ongoing, in-depth research from a team of experts. For clients with more specific needs, their consultancy team works closely with clients to create a unique piece of work for them to ensure they receive the information and insight they need for their business.

With teams based in Edinburgh, Cambridge, London and Paris, they have an expert knowledge base and combine that with extensive consultancy.

About Cornwall Insight

Cornwall Insight provides energy market intelligence and analysis through consultancy, insight services, publications and training.

They deliver comprehensive insight that enables companies to succeed in the net zero transition.

Their research, consulting and training builds capacity for the delivery of net zero, creating common purpose with our customers, and a shared commitment to reshaping the energy world of tomorrow.

Register now

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