The average age of our systems is 10 years old, advancements in technology since then have:
DATA AND DIGITALISATION TRANSFORMATION
Enabled by a data and digitalisation transformation, which is why we’re investing £107m in this area
The motivations for transformation come from a positive place, we want our employees to:
It’s part of our ED2 Plan
So this is where it gets a bit technical with our 3 main areas…..
Enhanced network management to give us the ability to better manage our entire network, including LV and distributed energy resources, something that we can’t do today.
Open data taking the investment in data acquisition, storage and analysis and creating products and services to share with stakeholders.
Advanced Analytics to handle and utilise the increased data that the monitoring has given us.
Unleashing the potential of...Data and Digitalisation
Changing customer needs and the decarbonisation challenge require an increasingly decentralised and digitalised energy system. That includes the value in sharing data openly both within the sector and with wider stakeholders. These, along with stakeholder feedback, are the key factors that have shaped our vision for data and digitalisation.
We are planning to deliver an increased level of digitalisation of our network in both scale and sophistication. In some cases, that will call for a widespread roll-out of technology applications that we might already be experienced with.
Our data and digitalisation plan accounts for all the technology investments required to support decarbonisation and deliver the customer outcomes in the rest of our business plan. In total, we plan to spend £223.2m (£106.9m of capex and £116.3m of opex) on data and digitalisation initiatives in the 2023-28 period, an annual increase of 20%, made up entirely of new investments to support decarbonisation.
Data and Digitalisation capabilities are essential to deliver our strategic outcomes. Our on-going stakeholder engagement has helped to identify initiatives, which we have grouped into 10 focus areas. These underpin both our decarbonisation outcomes and the improvements we are committing to across the rest of our plan. In 2023-28 we will:
— DD1) provide high-quality open data to a wide audience so that stakeholders are empowered to become active participants in a deep and liquid energy market;
— DD2) upgrade technology and tooling to improve network management, planning and investment to increase efficiencies in operating the power network;
— DD3) introduce data and applications at the point of need in order to improve colleague efficiency and effectiveness;
— DD4) continue to invest in advanced cyber controls and tools to maintain a robust cyber-security posture, aligned to the threats emerging from increased digitalisation;
— DD5) modernise the back-office environment to reduce risk, secure information and improve colleague experience;
— DD6) introduce improved field-force, work and asset management processes to improve operational performance;
— DD7) deploy robotics and automation to reduce the cost of low-value, high-volume tasks and improve customer and colleague experience;
— DD8) implement self-serve, personalised web technologies to be ready for greater customer demand, providing insight and interaction portals to improve customer experience and reducing cost to serve;
— DD9) enable advanced analytics and real-time visibility of our assets to improve the operation of the power network; and
— DD10) provide future-proofed, agile solutions in order to be flexible enough to adapt to the change in the energy sector. We will update our digitalisation action plan on a six-monthly cycle to show our progress and to further engage with our stakeholder to develop our approach.