On October 29, a new electricity price model will be introduced that will affect companies and consumers all over Sweden. This model, called flow-based capacity calculation, regulates how electricity flows between different markets and electricity areas in the Nordics. It replaces an older, more linear method, and is expected to be better adapted to the energy supply in the green transition.
Are you tasked with streamlining your energy use or reporting energy data to the company's scope 3 reporting? As a leader, you need to set a goal and create conditions for everyone to contribute within the framework of their normal work flow. Leadership cannot be done by anyone else, but information and nudging will do a large part of the work towards the goal in everyday life.
There is talk that the economy could possibly start to lighten up in the second half of 2024. Everyone is looking forward to production starting to spin again after 2023's uncertainty and slowdown. Although the PMI for the industry fluctuates up and down on a monthly basis, the trend has been positive for a few months now, which may indicate that the bottom is starting to be reached. Sweden and the USA have the most positive purchasing managers if you disregard China, which is in growth according to Silf and Swedbank's Purchasing Managers Index for December 2023.
As a result, the insights about the business's energy use and environmental impact are stuck with one or a few people in the entire organization. Usually the ones who pay the bills. As a logical consequence, the risk increases that unused energy efficiency potential will never be realized.
Winter has swept across the country with extreme cold, resulting in increased electricity use to heat houses and premises, among other things. In these cold times, every megawatt counts, and pricing becomes sensitive to supply and demand. The coming winter and spring's price development is highly dependent on the weather, and the long-term forecast currently points to a cold January, with winds also expected to be weaker than normal.
Internal debiting is the financial transactions that take place within a company. It could be, for example, that you have different cost centers or profit units. By allocating costs in the right place, you can get a fairer picture of how a certain department is performing.
Companies' energy use is an important part of the new requirements placed on sustainability reporting according to the new EU directive CSRD, which comes into force from budget year 2024. This is where SenseNode can help you in your work to facilitate and create the right conditions for future strategies and savings.
From budget year 2024, the new EU directive CSRD comes into force and entails new requirements for companies' sustainability reporting and that it will be part of the management report. The directive will not only require reporting, but also how to carry out your sustainability work, i.e. not only reporting indicators and data but also strategies, goals and processes.
Industry 4.0 and the smart factory are the topic on everyone's lips. But what does it really mean and what difference can it make to you and your business?
SaaS (Software as a Service) is in practice a service provided over the internet. Instead of installing software on a computer or server, it is available directly over the internet, for example via a website or an app. The supplier is responsible for the infrastructure and the technical know-how.
