Posts Tagged Energy Management

5 Operational Efficiency KPIs

Posted 14 June 2020 by Chris Hargreaves

Improve manufacturing operations and cut costs by setting operational efficiency KPIs. In the last 3 months the global economy has been turned on it's head due to the Covid-19 pandemic. In light of this, manufacturers are faced with the pressures of producing more high-quality goods, with less money, time and resources. Regulations are becoming more stringent and competition is growing in a smaller market. Due to these increased business pressures, there’s a greater emphasis on alternative ways of being competitive. These include improving speed to market with new innovations,...
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Drive energy efficiency through data

Posted 25 May 2020 by Chris Hargreaves

If you don't know precisely how, when and where energy is being used across your business, how can you understand where your energy costs really lie, or the best opportunities to improve energy and operational performance? Working together with Centrica Business Solutions, Total Utilities is the exclusive partner delivering the Energy Insight product solution to the New Zealand market. Using Centrica’s wireless sensor technology, you can monitor energy usage in real-time – right down to device and equipment level. When this information is relayed to our PowerRadarTM analysis...
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IoT and Energy Management

Posted 21 May 2020 by Chris Hargreaves

Join us on Monday as we discuss how the Internet of Things is changing Energy Management and how insights can support sustainable business. Register...
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Inform your energy strategy with an end-to-end view of your assets

Posted 17 April 2020 by Chris Hargreaves

Create a sustainable energy strategy, and build a competitive advantage with powerful energy insights that provide complete visibility of your energy footprint. Now more than ever businesses globally are looking for wastage and holding utility costs to account by requiring detailed operational reports. As the owner of your energy strategy, it is imperative that you have end-to-end visibility of your energy footprint. Obtaining this level of visibility will provide you with energy intelligence around consumption and performance of on-site assets. These energy insights will give...
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Big risks in avoiding corporate sustainability

Posted 20 January 2020 by Chris Hargreaves

Your corporate sustainability targets might be in for a shock! Prior to Christmas, the Government announced a raft of proposed changes to the emissions trading scheme (ETS) to rapidly decarbonise the economy. This included lifting the ETS price cap from $25/tonne to $50/tonne and creating a market floor of $20/tonne. If we take natural gas as an example, where at $25/tonne the ETS is priced at $1.37, at the market cap of $50/tonne this would increase the cost of the ETS to end users by $1.37/GJ (0.49c/kWh). With current raw gas pricing hovering around $9/GJ for large...
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How efficient, sustainable energy innovations could boost your brand

Posted 9 January 2020 by Chris Hargreaves

Research shows that using low-carbon energy solutions can improve your reputation – helping make the case for sustainable energy innovation. Deloitte recently published The Global Millennial Survey. This reinforced a number of other surveys that concluded that brands with a strong corporate social responsibly and sustainability plan will attract a higher caliber pool of prospective employees and a large range of engaged customers. 42% of those surveyed stated that they would start and or deepen a relationship with business who has products/services that positively impact the...
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New Zealand electricity prices: so high and still rising

Posted 9 May 2019 by David Spratt

When we look at New Zealand electricity prices, it is important to consider lines companies in the equation. The lines company or electricity distribution business (EDB) operates and maintains the transformers, power poles and copper wires that keep our local electricity networks running and delivering reliable electricity to the door. Examples in the EMA membership region are Northpower, Vector, Counties Power, WEL Networks and Powerco. Lines companies in your power bill Take my last home bill. The energy component, which is the part provided by my retailer, was $184.76. This part...
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The Power Plant Next Door

Posted 15 January 2019 by Chris Hargreaves

Throughout history technological advancement and change that has lasting impacts on humanity has largely come about through critical mass. As a child, I distinctly remember visiting a friends house and seeing their newly installed solar PV system on the roof. 25 years ago, this seemed like the future as I had only seen photos of such things in books about NASA and science fiction. While some technologies are adopted quickly into day to day life, it seems to be taking an age for solar systems to become common place. Obviously cost is major driver of this but then so too is how seamlessly...
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Future Trading Conditions for Energy Market Becoming More Difficult

Posted 4 August 2018 by Richard Gardiner

Until now, articles on the Total Utilities website have always been of direct relevance to the utility markets where we have operated since 1999. In this case, we have included Jonathan Eriksen’s latest quarterly investment commentary below because it puts in wider New Zealand and global context the macroeconomic trading conditions that impact directly and indirectly on the utility providers in New Zealand. I have an economics background and have known Jonathan since I emigrated to New Zealand 25 years ago. He is one of the leading actuaries in the country and his independent...
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How energy data will transform your operations

Posted 9 May 2018 by Chris Hargreaves

Many businesses begin collecting energy data as a means of saving energy – and energy costs. While this remains one of the greatest benefits of energy data analysis, its appeal does not start nor end with direct financial considerations. In fact, focusing only on energy savings has led to an underestimation of the full value of data-backed energy management in global economies. Across all sectors – from manufacturing to retail to healthcare – organisations are harnessing the operational efficiency benefits that result from energy data like never before by: Assembling and...
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