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correlaltd · 6 months
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Correla win Entrepreneur of the Year Award
Correla, a leading SaaS and Managed Services provider for the Energy Industry celebrated winning Entrepreneur of the Year at the Lloyds Bank British Excellence Awards 2023.
Check out what happened on the evening: Correla wins Entrepreneur of the Year Award - Correla - Correla
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correlaltd · 6 months
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Workflow Management Software and Customer Centric Building
We've started looking deeper into the build of our SaaS products and how they reflect the needs and demands of our customers.
Read more here: Workflow Management Software and Customer Centric Building - Correla - Correla
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correlaltd · 10 months
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The market-wide half-hourly settlement is a significant change in how energy suppliers operate, but are they ready and have they got the systems in place to adapt to this industry change.
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correlaltd · 11 months
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Market Wide HalfHourly Settlements and how they affect energy suppliers.
https://www.correla.com/market-wide-half-hourly-settlement/
The Market-wide Half-Hourly Settlement (MHHS) programme, led by Ofgem and managed by Elexon, aims to improve the efficiency and accuracy of electricity usage and billing for market participants using half-hourly meter readings and changes to business and IT processes.
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correlaltd · 1 year
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Simplifying Smart Meter Data and Installations
How and why we make the complex simple
At Correla, we’re on a mission to streamline the energy market by reducing complexity and increasing digital connections so that the UK can decarbonise as quickly and as simply as possible. To do this, we provide the tools and software necessary to support the market in our critical decarbonisation mission, whilst enabling our customers to stay ahead of the curve.
It’s no secret that the energy sector is complex. It’s also a sector which is facing extremely challenging times. Yet, the quicker we can streamline the industry and remove its inefficiencies, the quicker the UK can reach its net zero goals.
Smart Meter Installation Challenges
The UK government wants energy suppliers to install smart meters in every home in England, Wales and Scotland.
This means rolling them out into over 26 million homes.
This also means overcoming the complexities and challenges that Meter Asset Providers (MAPs) currently face, whether it’s time pressures, operational inefficiencies, inadequate tracking systems or errors from manual billing.
Without overcoming these challenges then this roll out will be hard to achieve.
Simplifying SMETS2 Installations
We’re dedicated to creating solutions that solve hard-to-reach problems that only we can be trusted to solve.
Take our recent acquisition of CloudKB’s platform, uMesh. This solution allows MAPs to automate and streamline their processes and simplify the complex world of data. While this seems like a small part, by taking this technology one step further, together we can make it capable of supporting EV charge points, heat pumps and smart energy assets to help the UK decarbonise as fast as possible.
Accelerating Innovation in the Energy Industry
A huge and important industry, the energy sector will always be a slow one to evolve. Yet, as more and more businesses join in tackling these complex challenges with simple solutions, we’re seeing the pace of change accelerate.
It’s through simplification that we will remove barriers to progress and support our pathway to net-zero. By supporting and developing products that make things simpler and greener, together we can support decarbonised heat, the move from natural gas to hydrogen and the transition to net zero.
It is this thinking that we help evolve our industry forward and lead the way in creating a cleaner, greener world.
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