Oct 21, 2020

Blue Prism fuels goto.energy's growth

Cloud
electricity
sustainable
Dominic Ellis
2 min
Its cloud-based intelligent digital workforce has been key to new energy market entrant's growth
Its cloud-based intelligent digital workforce has been key to new energy market entrant's growth...

Blue Prism's cloud-based intelligent digital workforce has been key to new energy market entrant goto.energy's sharp first year growth.

While average industry times for managing new customer orders is 21 days, goto.energy is capable of completing the entire process far more quickly and typically, the bulk of new customer applications received through popular third-party comparison sites is received overnight. 

The pre-integrated cognitive capabilities of the Blue Prism Cloud digital workers are also being used to eliminate errors and delays within the billing cycle. 

"By employing a digital workforce, we are changing the day to day work of our team. Instead of being focused on transactional activities all day, they now spend an increasing part of their time investigating anomalies and taking action to respond fast to customer requests," said CFO Evan Salway.

Employee engagement in the automation strategy continues to be a focus for delivering successful outcomes. "We involve all our employees in the identification and development of new automations because they have a granular view of where the opportunities for improvement lie. We put in place a formal process for channeling ideas into our virtual AI center. Our people are incentivized to submit valuable ideas, and this allows us to accelerate the benefit of automation into every corner of our operations," he added. 

"With the elasticity of cloud underpinning their digital workforce, we are looking forward to seeing the business scale new heights," said Terry Walby, Chief Executive, Blue Prism Cloud. 

Goto.energy is a finalist for New Business of the Year 2020 in the Lloyds Bank National Business Awards. Positioned as a 'green' electricity supplier, it holds renewable energy guarantee certificates (REGOs) which the regulator uses to calculate overall fuel mix each year.

Share article

May 14, 2021

Mirico Cloud identifies emission changes

Emissions
Decarbonisation
Climatechange
Dominic Ellis
4 min
The platform allows customers to quantify gas emissions across multiple oil and gas sites - and comes amid more scrutiny over Paris-aligned targets

Mirico is extending its gas measurement services with the launch of Mirico Cloud for the oil and gas industry.

The platform lets customers detect and quantify gas emissions across multiple oil and gas sites, and quickly fix issues causing changes in emissions. Customers can be contacted by SMS or email for alerts if a new emission is above a certain size, or about an existing known emission that has started to grow.

Customisable dashboards can show average emissions over the last 24 hours or how emissions vary by asset type.

"It's great to be able to broaden the service we provide our customers," said Dr Linda Bell, CEO of Mirico. "We really feel this is a big step forward in helping the oil & gas industry to quickly identify emission issues at scale and ultimately help them in their goals to reach net zero."

The industry remains under intense pressure to deliver on emission targets. Achieving 50% lower emissions by 2030 will require either full electrification of the West of Shetland and Central North Sea or earlier-than-expected field cessations, according to Wood Mackenzie.

In 2018 the UK produced 451 million tonnes CO2 equivalent (MtCO2e) of greenhouse gas emissions. Around 3% of this total is direct emissions from oil and gas activity on the UK Continental Shelf. Energy generation, mainly from fossil fuels,  produced 23% of emissions, and the transport industry accounted for a further 28%, mostly from the use of oil-based products.

The North Sea Transition deal has four key pillars:

  • Supply decarbonisation reduce emissions from oil and gas production by 50% by 2030
  • Carbon capture and storage (CCS) target 10 Mtpa of carbon capture by 2030
  • Hydrogen deliver 5 GW of low-carbon hydrogen capacity by 2030
  • Supply chain/people deliver investment of £14-16 billion into low-carbon technology by 2030

Methane in the spotlight, a busy 48 hours for bp and JPMorgan releases carbon reduction targets

Institutional investors with a collective $5.35 trillion in assets are calling on the Biden administration to get tougher about methane emissions as it seeks to address climate change. "Any credible pathway for the use of natural gas in a Paris-aligned future must address methane emissions," it states.

Cutting human-caused methane by 45% this decade would keep warming beneath a threshold agreed by world leaders, according to the UN Environment Programme. Such reductions would avoid nearly 0.3°C of global warming by 2045 and would be consistent with keeping the Paris Climate Agreement’s goal, to limit global temperature rises to 1.5˚C, within reach.

bp and CEMEX will work together on accelerating the ‎progress of the latter's 2050 ambition to deliver net zero CO2 concrete globally. Around 70% of global emissions come from transport, ‎industry and energy and cement making is energy intensive. Last week bp and renewable energy supplier Pure Planet forged a partnership to launch a new digital energy service that will support households, EV drivers and energy consumers in the UK.

Hot on the heels of the CEMEX announcement, bp shareholders rejected a plan that would have forced the company to strengthen its climate commitments in an AGM poll, with only 20.65% pledging support. "We will continue to engage with shareholders on our strategy, targets and aims so as to ensure their views are fully understood," it stated. One of the challenges is that there is no single metric that measures Paris consistency, according to chief executive Bernard Looney.

JPMorgan Chase yesterday released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement, publishing 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. It also released its new Carbon Compass methodology that describes how the firm set its targets and how it will monitor progress over time, and unveiled a Center for Carbon Transition

“There must be collective ambition and cooperation by business and government to tackle climate change,” said Jamie Dimon, Chairman and CEO, JPMorgan Chase. "Setting our Paris-aligned targets is an important step toward accelerating the transition to a low-carbon economy and meeting the goals of the Paris Agreement. JPMorgan Chase is committed to doing its part by working with clients around the world to reduce emissions and by ensuring our own operations remain carbon neutral."

Share article