There is a sector that consumes 26 per cent of Europe’s power annually – and but this important market is usually missed by energy and utility observers.
Know who it’s? The reply is business and industrial power customers.
And with Europe focusing on a 40 per cent lower in carbon emissions by 2030 and 60 per cent by 2040, it is important that the facility consumed by these firms is as low carbon as potential: for the commercial and business sector, the much-talked about power trilemma of safety, fairness and sustainability has by no means been so necessary, as a result of power is a significant factor of their manufacturing prices and a key issue of their competitiveness.
Which is why catering for this market will kind a key pillar of European Utility Week (EUW) when it opens in Vienna subsequent month.
Now in its fifth yr, EUW attracts over 12,000 choice makers and consultants from utilities, community operators, distributors, consultants, start-ups and system integrators, and it covers your complete good power worth chain.
Last yr on the occasion in Amsterdam, it launched Commercial and Industrial Energy User Days and this side of the present is because of be greater and higher in Vienna subsequent month.
“We are seeing that the commercial and business firms are taking extra accountability for his or her power,” says EUW director Paddy Young, who provides that he’s additionally observing a rising involvement of those firms in EUW, “and that’s very gratifying. It’s very important to keep in mind that the commercial group is essential.”
Young says key participant within the backing of this yr’s occasion is IFIEC Europe. The Industrial Federation of Industrial Energy Users represents the pursuits of those power customers throughout Europe and has taken a associate position in EUW’s Commercial and Industrial Energy User Days this yr.
And Young expects the involvement of the business and industrial sector to be even stronger subsequent yr when EUW travels for the primary time to Paris, a location which he says “works on a number of ranges”.
Young says that in future years, “we’ll begin finding the occasion nearer to trade”, and on this respect he explains that Paris is a perfect location. Not solely on the doorstep of French trade, it’s also simply accessible for the rising variety of energy and utility firms from throughout Europe who’re talking, exhibiting and visiting EUW in rising numbers yearly.
He expects a minimum of 25 per cent of the viewers on the 2019 occasion will likely be French and provides that “being in France is a platform for the remainder of Europe”.
He additionally explains that Paris was named because the European Capital of Innovation final yr by the EU, which he suggests makes it the right metropolis for an occasion that has made its identify as a showcase for cutting-edge applied sciences and thought-leadership.
Young explains additional purpose that the present is being taken to France for the primary time is as a result of “we had plenty of lobbying from the French utilities. They needed us in 2018 however we have been dedicated to Vienna. We have gotten nice help from the French utilities.”
“We are very pleased with the extent of main market involvement – the way in which that utilities are getting concerned may be very rewarding. We even have extra involvement from fuel grid operators, and that displays the way in which that the market is transferring.”
Indeed, Young expects that EUW 2019 will see the rising and evolving position of fuel “come to the forefront”. He says that one other game-changer for the good power sector that we are able to anticipate to see hitting dwelling at subsequent yr’s occasion would be the rollout of 5G networks: “That can have big implications for the trade by way of knowledge and digitalization processes.”
And EUW subsequent yr may also function one other important milestone: the co-location with POWERGEN Europe, the flagship energy era present. The co-location comes following the acquisition by EUW proprietor Clarion of fellow occasions group Pennwell, organisers of the POWERGEN collection of occasions in Europe, Asia, Africa and the US.
Young is happy concerning the prospect of the co-location,…