A new data platform is launching in a bid to help electricity retailers understand budgetary impact of every decision, before it’s made.
Developed by Gorilla, Energy Margin Intelligence is a software category which claims to offer unprecedented forward visibility and control to domestic and commercial power companies.
The firm – which itself launched in 2018 and has worked with household names like EDF, ScottishPower, and Centrica – believes its system can help guide suppliers to better commercial outcomes by enabling easy connections between pricing, forecasting, billing, finance, and trading.
In doing so, ‘margin leaks’ can be plugged, reducing the need for ongoing hikes in the costs being passed on to customers. According to analysis of the European market, one-in-three commercial electricity deals are now loss-making due to this prevailing volatility leading to widespread complication when it comes to making accurate projections.
‘Europe’s energy system is under historic pressure,’ said Gorilla CEO, Ruben Van den Bossche. ‘The policy landscape is forcing change as demand accelerates, driven by electrification, energy-security goals and the surge in AI-data-centre projects, all while generation and grid investment struggle to keep up.
‘This tension is reshaping the entire value chain, as retailers are caught in the middle, asked to take on more risk and complexity than ever before, without the visibility to manage margin in real-time,’ he continued. ‘In a sector where one in three commercial deals is loss-making, we introduced Energy Margin Intelligence to enable energy retailers to navigate these challenges with efficiency and profitability.’
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