Gas Distribution

The issue of sourcing increasingly scarce supplies of gas and the advent of smart metering will mean wholesale transformation for the gas industry. Now is the time to make sure your business practices are in shape to meet the oncoming challenges that the next few years will bring.

MARKET CHALLENGES
Security of supply: With reserves of gas dwindling, supply sources are changing. With many countries now having to import their gas, keeping a close track on your provision will be vital. Solid data management will be the key to knowing exactly what supplies you have and how best they can be used to meet peaks and troughs in demand.

Asset management: Ensuring you have the right infrastructure to support your business is crucial. Legislation and safety restraints mean that having an up-to-date infrastructure must be part of your future plans, but you need to be sure that the investment decisions you make are the right ones.

Smart metering: The benefits of smart metering in the gas industry are questionable as the weather is often the biggest driver determining customer usage. However, the increased data smart metering will bring – if handled correctly – more precise business planning.

Climate change: Although targets will be high for reducing emissions, gas usage will need to rise before it comes down, especially as the industry moves to use less coal produced energy. You’ll have to prepare for these rises and invest some time in educating customers about innovative ways to save energy, changing their behaviour to ensure you meet emissions targets.

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