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Business Strategy Services
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Programme and Project Management
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Programme and Project Consultancy
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Energy Trading
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Risk Management
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3rd Party Management
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Bespoke Technology Solutions
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Regulatory Systems
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Interconnector Solutions
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Regulatory Systems  The utilities industry continues to face increasing regulatory pressures to reduce costs, to improve standards of service, and to provide increased choice for consumers.
Additionally, there is a growing requirement for electricity utilities to meet their environmental requirements through, for example, the Renewables Obligation and the Energy Efficiency Commitment.
Over the next few years, we need to see dramatic increases in the generation of electricity from renewable sources and significant reduction in energy consumption if we are to meet our environmental commitments.
Regulatory policy will develop to incentivise the required action by the electricity utilities, and we can envisage extension and expansion of both the Renewables Obligation and the Energy Efficiency Commitment, as well as the introduction of renewables generation onto the distribution networks as part of the next distribution price review.
Real Time has been at the forefront of the Renewables Obligation and the Energy Efficiency Commitment for some time through our work with Ofgem, and we continue to be highly active in these areas.
In both the electricity and water utilities, price controls are used to drive efficiency. We also work with regulators and utilities alike to ensure timely and accurate management information and reporting. |