Alternative & Innovative Revenue Streams to Build Resilience

Written By Elle Buckley

Speaker: Dr Peter Holt, Partner, Deloitte

  • Deloitte reflected on alternative revenue streams in our transition to net zero.

  • Getting into the energy market is complex.

  • What has changed in our energy system? Electric Vehicles (EV). Renewables. Batteries. Transforming fossil fuels energy system. These present opportunities for customers to do things differently.

  • There is a huge growth in alternative storage systems such as onsite batteries.

  • New ways of looking at vehicle to grid will result from new vehicle emissions standard. Emissions standards will decrease over time as we catch up with the rest of the world.

  • What is our role within this new transition ecosystem with new emissions standards from point of import to point of sale?

  • While the ecosystem may be complex, it ought to be simple for the consumers.

  • There will be growing demand for grid battery capacity. Storage, demand, coordinated Consumer Energy Resources Growth and optimal storage mix. This presents opportunities for revenue diversification. Multiple areas of revenue streams.

  • There will also be bidirectional charging. Are EVs able to support this technology?

  • There is a need to understand the market landscape. Some questions to ask include:

    • Is what’s available for adoption a revenue stream or is it a liability?

    • What is the role of energy retailers?

    • Do we want to pass on savings to customers at point of sale or do we want to work with them through the life of the asset?

Elle Buckley
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