The Energy Data Taskforce has developed a set of recommendations for how industry and the public sector can work together to facilitate greater competition, innovation and markets in the energy sector through improving data availability and transparency.
The Energy Data Taskforce is now closed. The government is working collaboratively with Ofgem, Innovate UK and other industry stakeholders to implement the vision described in their report through the Modernising Energy Data programme.
Data is fundamental to the future of our economy, which is why it is the focus of one of the Grand Challenges in our Modern Industrial Strategy.
In the power sector, it is key to unlocking system and consumer benefits and managing the transition to a low carbon economy. With energy increasingly decentralised, millions of assets – solar panels, batteries, electric vehicle chargepoints and heat pumps – will need to be able to communicate with the operators of our networks and market platforms. New business models will emerge that will reduce consumer bills and system costs whilst enabling decarbonisation of our energy system. Data is the key to unlocking this. Transparent, accessible, interoperable and accurate data will allow the markets to develop that will put consumers at the heart of this change while allowing networks to support the proliferation of new business models and technologies.
Government and Ofgem announced the Energy Data Taskforce in the Progress Update to the Smart Systems and Flexibility Plan in October 2018, as part of Green Great Britain Week.
The Taskforce, led by Laura Sandys and Energy Systems Catapult, was tasked with investigating how the use of data could be transformed across our energy system. The Terms of Reference for the Taskforce set out its scope:
The Taskforce published this report on 12 June 2019:
It provides a suite of recommendations on how to enable more effective data sharing and use. The government and Ofgem are considering these closely.