Baringa

How can network operators get ready for new data sharing requirements? And how can data sharing help deliver the #energytransition? In this article, our experts share example use cases and three things network operators can do now to get ready for the new data sharing requirements. Get in touch to find out more Anne-Laure Mersier, Iain Roberts, Silas O'Dea https://ow.ly/8x2350SpNVC #Energy #DigitalEnergyTransition #Data #DigitalTransformation

It's T-6 days until the UK election. For our latest FS in Focus, I caught up with Sarah Ashley, Partner in our Government practice, to talk about the election and what a change of government could mean for financial services.   You can keep up to date with our latest thinking by subscribing to our monthly financial services newsletter: https://lnkd.in/e6n7GwpE

We are excited to be sponsoring the Utility Week Reforming Grid Connections conference next week. Mike Wilks will be presenting on fitting GB Connection Reform into the bigger picture of meeting the UK's Net Zero ambitions. Sarah Soliman, Nick Screen, Anindita Basumatary, Alexis Storey and Joshua Indenhuck will also be joining Mike at the conference and hope to see you there. Get in touch with a member of the team to arrange a catch-up or introduction at the conference. #ConnectionsReform #Connections #Energy

Neurodiversity brings both challenges and inspiration. In this blog, we hear from two of our EAs as they share their candid experiences and journeys on parenting neurodiverse children. With the right support, their children’s unique minds will flourish but this support is needed from the wider community, their families, and their workplace. https://ow.ly/S1hQ50SqTzX #EABlog #BaringaEAs #CandidEAs #EAthings #Neurodiversity

As AI technology continues to rapidly develop, FS organizations face the challenge of mitigating AI-related risks within existing and upcoming regulations. Brad O'Brien, Anna-Lisa Toth, CRISC, and Son Huynh shared insights on building a risk and regulation foundation that will support firms in maximizing the benefits of AI while protecting their clients and business. https://ow.ly/4ObC50Sr8XP #GenAI #BankingRisks #RiskManagement

Today the US Department of Energy's DOE Grid Deployment Office announced $4.6 million in funding for six projects to provide technical assistance to accelerate analysis of regional climate change threats and impacts on electric grid infrastructure. Baringa is proud to be among the awardees and will support the State Energy Offices in the West and Mountain West regions. Our E&R experts will analyze grid resilience risks, vulnerabilities, and investments for each state and define a methodology to forecast financial impact to assets from climate risk for future use by the states. Michael Levy Joy Ditto #DigitalEnergyTransition #resilience #utilities #energyresilience

Last night Baringa’s #ClientEANetwork hosted our 5th inspiring event on ‘Mindset Mastery’, exploring how to unlocking the key to your fullest potential . We welcomed over 50 EAs from our global client organisations, spanning across over 30 industries and sectors, as well as industry expert Lucy Chamberlain PCC. Lucy’s insightful presentation left everyone feeling motivated and empowered. The network has grown by over 50% in the past year alone, as have the strength and value of these special peer-to-peer relationships. A special thank you all our client EAs for being part of it and helping us to shape the network around what’s important to you. We look forward to seeing you at future events and engaging with our #EAThings blog. If you’re a Baringa client and want to learn more about our #ClientEANetwork or refer an EA colleague, visit our website https://ow.ly/Cb6J50Qem1B #PuttingPeopleFirst #CreatingImactThatLasts Joanna Hawkins FCMI Rebecca Holliday Talia Dayna Hawkins Lisa Adams Jordan Winter

How can stores boost sustainability in an omnichannel world? And how can the business case for a sustainable store stack up to justify the upfront cost? Becks Grainger Curtis G. Diana Lehane share their insights for doing just that in our latest article on Store Transformation. https://lnkd.in/ej4kt6KS

The clock is ticking towards a general election, and with many polls pointing to a victory for the Labour Party, big changes are on the horizon.  What are the implications of a change of governing party for the working lives of officials? Watch our webinar to hear Kavian Brown, Partner and expert in Government and Public Sector at Baringa, Jonathan Slater, Former DfE Permanent Secretary, discuss with Alex Thomas, Programme Director at the Institute for Government, alongside CSW co-editors Suzannah Brecknell and Jessica Bowie. https://ow.ly/ceik50SpRgw #GeneralElection2024 #UKElection

Great to host another fantastic Baringa Green Buildings & Transport forum, bringing together our network of innovators and collaborators across the energy space. Today's session explored the topic of 'How AI will unlock value from energy data', we talked about two main themes: 1. How data is beginning to transform operations and drive insights, and 2. How AI can be transformational to this data for businesses and what needs to be done for industry-wide mass-market adoption, with a fantastic speaker line up of Timothy Bannister from Rightmove, Andy Beggs from SMS, Patrick Caiger-Smith from geo (Green Energy Options), Alex Schoch from Octopus Energy and Daniel Anderton from Eliq My takeaways: 🏡 It is clear that green homes is starting to become front of mind as consumers are willing to pay more for energy efficient homes - keyword searches for heat pumps and solar are through the roof (pun intended!) - collecting data and analysing this to bring awareness to the customer will lead to understanding followed by action 💸 Investment into networks will be crucial, data & AI can help model and understand the demand, so considered elements such as BESS can be added to flatten the curve - will locational pricing become more important? 🧠 Smart meters are the lifeblood of data - companies need to elevate this data to empower customers via compelling propositions that offer the right kind of smart technology backed with suitable financing models to encourage engagement and mass market adoption  🗣 By using AI and machine learning to enable greater levels of consumer understanding and engagement, we are seeing a close to 7% reduction of energy consumption YoY. 😀 There are infinite use cases that can leverage AI - with early adoption via personalised TOU tariffs through to next level chatbots (we can see an increase in the customer happiness index by upto 19 points from interactions from a GenAI compared to a human agent!)   Ultimate takeaway is that we need unified, structured data that is accessible and consistent across the whole industry, which can help incentivise the right signals and create simple propositions that give the choice back to the customer. We are still in the early stages of leveraging data and AI, but those who aren't moving or collaborating will be left behind - Lots of work still to do! 💪   Keep an eye out for our full write up on this coming soon - great to see the momentum building in this space!   Huge thanks to our speakers and everyone who attended the event, alongside our amazing Baringa team Emily Farrimond Rebecca Teasdale Rebecca Vallance Steph Budenberg Constantinos (Costas) Gavriel Daniel Bolton Toby Thornton Ryan Thomson Olivia Doran (Rogers) Jennifer Archer Barbara Ashley   Amy Brown Charlie Gilbert Dan Hopcroft Jenny Grist Megan Adlen Scott Duncan Rudi Hoppe Will Ephraim