#jensmadrian

[jensmadrian-blog]

Reactive Technologies’ approach to solving energy system challenges is very different

Reactive Technologies’ Tradenergy® platform delivers an ultra-fast, future-proof energy management and DSR optimisation service. This next generation of sophisticated DSR control connects to commercial customers’ electrical consuming and generating equipment via a secure, cloud-based platform interface. This extracts the inherent flexibility within customers’ assets, managing them within a wider flexibility portfolio and intelligently optimising them across the highest-value DSR opportunities from within the energy system.

Tradenergy® delivers accurate and safe control of customers’ equipment in line with pre-agreed operational parameters, ensuring customers stay in control of their assets at all times. Tradenergy® also enables commercial customers with energy storage devices or back-up generators to flex these assets for DSR while ensuring they are available when needed for their primary purpose.

Most importantly, Tradenergy® is totally future-proof as it has been built to adapt to any new assets or energy mechanisms that may arise in future, ensuring it will always be fit for purpose.

To summarise, commercial energy customers using Reactive Technologies’ Tradenergy® earn new revenue streams for their flexibility and materially lower their energy bills by benefiting from fully integrated energy management.

https://www.raconteur.net/sponsored/tradenergy-dsr-heralding-a-new-era-of-empowered-commercial-energy-customers

[jensmadrian-blog]

Heralding a New Era of Empowered Commercial Energy Customers

With the planned closure of UK coal power stations by 2025, a large proportion of flexibility will need to be provided instead by commercial energy customers participating in demand-side response (DSR).

DSR is an energy programme that compensates energy consumers and generators for their flexibility. Commercial customers, empowered by Reactive Technologies’ Tradenergy DSR service, are set to benefit financially from the transition to a new energy system while enabling a more sustainable, low-carbon energy mix and contributing towards improved security of supply.

Reactive Technologies is an energy tech company based in the UK with a presence in France and Finland. Reactive Technologies has considerable experience in the energy sector, partnering with retail giant Carrefour Hypermarchés in France to deliver mass-scale DSR services. The company also collaborates with National Grid UK on cutting-edge innovation projects, utilising its deep communications and software engineering heritage.

https://www.raconteur.net/sponsored/tradenergy-dsr-heralding-a-new-era-of-empowered-commercial-energy-customers

[jensmadrian-blog]

CFOs Need To Become Champions For Sustainability

Finance is no longer the domain of number crunchers. CFOs need to become champions for sustainability, being catalysts for positive change in their respective businesses to reflect its strategic importance. The new generation of CFOs need to be Renaissance men and women who string threads of understanding across various business departments and weave sustainability into the day-to-day operations of businesses. This requires them to take both short and long term views of financial and societal impact. We CFOs cannot continue to only think within the confines of a quarterly transactional window – we need to be able to measure the benefits sustainability brings to the business and, perhaps more importantly, understand the cost of business inaction. 

Continue reading http://www.ssonetwork.com/finance-accounting/cfo-catalyst-for-sustainability

[jensmadrian-blog]

Becoming a Catalyst for Sustainability

As with any industry, there is an undeniable reticence in finance to move away from the tried and true. However, it is becoming increasingly difficult to deny that the traditional role of finance, and particularly of the CFO, is in need of a refresh in order to keep up with the changing business climate, evolving customer requirements and moving expectations from society.

I (Jens Madrian) was recently speaking with a CFO colleague of mine who told me about a recent board meeting where his company’s energy manager was invited to report on energy efficiency initiatives. “I understand that it’s good for PR, but it doesn’t exactly make financial sense, does it?” he asked. My colleague’s statement echoes the sentiment shared by many in the finance industry who still regard sustainability as being at odds with business objectives and with being able to contribute to the bottom line.

Continue reading http://www.ssonetwork.com/finance-accounting/cfo-catalyst-for-sustainability

[jensmadrian-blog]

Frost & Sullivan recognizes Reactive Technologies with the 2016 European Frost & Sullivan Company of the Year Award

Article Source:

http://ww2.frost.com/

Published Date: November 07, 2016

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

Reactive developed the revolutionary Grid Data Measurement System (GDMS), a communications platform that can cost effectively send and receive digital messages throughout transmission and distribution networks. Without GDMS, small-scale assets would need an internet or cellular connection and an interface to participate in DSR, which can be financially prohibitive. This is particularly the case for hard-to-reach assets as well as those connected at the domestic level. GDMS opens up DSR opportunities to all network connected assets by enabling them to communicate remotely through existing electricity network infrastructure with no cost to asset owners.  

Reactive’s business model is also ground breaking in that it encourages a wider adoption of demand response by not imposing long-term, locked-in contracts, which are commonplace in the market. Its business model is instead based on remuneration-on-a-revenue share basis with zero or minimal capital investment, thus minimizing financial risk for customers.  “Our solutions transform complex data and operational flexibility into tangible benefits for end customers, network operators and the energy system as a whole,” said Dr Jens Madrian, CFO and CCO at Reactive.

Continue reading the article: http://ww2.frost.com/news/press-releases/frost-sullivan-commends-reactive-technologies-staying-ahead-technology-curve-energy-management-market/

[jensmadrian-blog]

Frost & Sullivan Commends Reactive Technologies for Staying Ahead of the Technology Curve in the Energy Management Market

Article Source:

http://ww2.frost.com/

Published Date: November 07, 2016

Based on its recent analysis of the energy management market, Frost & Sullivan recognizes Reactive Technologies with the 2016 European Frost & Sullivan Company of the Year Award. Reactive’s visionary strategies for energy management and ground breaking communications technologies are revolutionizing the energy industry. “Our solutions transform complex data and operational flexibility into tangible benefits for end customers, network operators and the energy system as a whole,” said Dr Jens Madrian, CFO and CCO at Reactive.

Reactive’s demand side response (DSR) solution, Tradenergy®, boasts a smarter, zero-carbon approach to energy management, rendering the traditional model involving heavy investments in hardware and uncertain returns redundant. Tradenergy® is based on a secure, cloud-based platform that uses mass communications technology to maximize end-users’ inherent operational flexibility. It can remotely optimize and aggregate energy-consuming assets, such as refrigeration, heating, ventilation, and air conditioning (HVAC); as well as energy-generating assets, such as solar arrays; and energy storage.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

Continue reading the article: http://ww2.frost.com/news/press-releases/frost-sullivan-commends-reactive-technologies-staying-ahead-technology-curve-energy-management-market/

[jensmadrian-blog]

Digital Disruption And Sweeping Changes Challenge Finance Functions

Digital disruption and sweeping changes challenge finance functions as we know them today. How do we transform ways of working, improve efficiency and develop value-add skills? ACCA, alongside PwC and CFO, Jens Madrian,   explore the challenges that digital disruption brings to the finance function. This is the first article in a joint series that will help senior finance professionals respond to the issues and opportunities the digital revolution presents. Continue reading…

[jensmadrian-blog]

Technology To Send Messeges Through Electricity Cables To Any Device

The new data system, created using telecoms technology by Reactive Technologies (RT) and now successfully tested on the UK's National Grid, could allow the optimum use of intermittent renewable energy, an important feature given the fast-rising proportion of green energy on the grid.

Unlike the smart meters being rolled out by the UK government, the new system is anonymous, with no data on household energy use being collected and therefore avoiding concerns about privacy.

The system uses new technology to send messages through national electricity cables to any appliances with a smart plug connected to the mains, asking it to adjust its energy use. In the home, this could mean allowing the temperature of a freezer to increase by 0.5C to cut demand or turning up a water heater at 1am to utilise spare renewable energy.

"The old mindset would be, we need to build more power stations," said Jens Madrian, at RT and former CFO at "big six" utility RWE npower. "We disagree with that. There are other ways of managing electricity, one of which is carrying knowledge from the telecommunications and software engineering side into the energy sector."