Large corporate consumers typically take a 2-Dimensional approach when it comes to managing their energy profiles by monitoring volume and price. By offering time and flexibility as a third and fourth dimension, Reactive Technologies provides industry sectors, such as healthcare, retail, hospitality and utilities, with a more detailed picture of when and where energy costs can be saved, and how new revenues can be secured.

Marc Borrett, CEO of Reactive Technologies explains: “Being flexible about the time of day energy is consumed can generate additional value in a number of ways. By making a number of small, temporary changes to the energy consumption of individual devices, we create a sizeable energy shift that is safe, reliable, and secure – and always within the parameters set by the customer.

“With accurate energy profile data, we then help our customers to avoid peak-time energy demand costs; detect the best time of day to trade energy and identify revenue-generating services that can help balance the grid. The customer retains full control of the service, without disruption to normal operations.”

Tradenergy combines advanced communications technology with cloud-based software to temporarily adjust the power usage of commercial and industrial customers’ electronic assets that don’t require a constant flow of full power. Typical assets include heating, ventilation and air conditioning (HVAC) units, refrigeration and freezer systems. energy shifts, businesses can save money and generate revenue.

Marc Borrett continued: “The way we now generate and consume electricity has led to real physical changes in the UK’s energy system. These pressures are driving the need for greater levels of control and flexibility and making it more challenging for grid operators to balance the network.

“Events this month demonstrated how tight margins have become between supply and demand. National Grid issued a warning and took emergency measures, calling upon major energy users to turn down their power consumption and switch to emergency back-up diesel generators to help make up a 500MW shortfall. This led to a dramatic spike in the price of wholesale electricity prices with one operator reportedly being paid £2500 per MWh for emergency supplies; the usual going rate being around £60 MWh.