The energy retail markets are rapidly evolving: large suppliers who historically dominated the market have been losing share to challenger suppliers, and consumers are no longer exclusively passive users but increasingly contribute their own generation and storage. Larger consumers actively engage in load-shifting and triad optimisation, with aggregators providing demand-side response services across multiple smaller consumers. Distribution network operators are transitioning into regional system operators and increasingly developing local flexibility markets and virtual power plants.
Connected homes and the growth in electric vehicles provide the opportunity for new retail business models, and the energence of time-of-use pricing down to the domestic level. However the retail space is both competitive and highly challenging. Margins are tight, operational costs are significant and the regulatory burden onerous, particularly for small entrants who often lack the expertise and credit strength to effectively risk manage their wholesale price risks.
I work with suppliers to develop cost effective procurement and risk management strategies, and help them to navigate their complex and changing regulatory obligations. I also work with business to negotiate corporate power purchase agreements (PPAs).