AI technologies are transforming asset investment planning in the UK energy sector
BMA has been shortlisted for another prestigious IAM Asset Management Excellence Award, recognising our groundbreaking digital innovation in asset investment planning within the Energy Transition sector.
BMA is proud to be a finalist in the IAM Asset Management Excellence Awards, in the category for digital innovation. The Eason Award for Digital Innovation honours innovative advancements in asset management in the face of current challenges — recognising those on the cutting edge of asset management innovation, and early adopters of new methods, theories and tools.
This year, BMA, in collaboration with the Anaerobic Digestion and Bioresources Association (ADBA), demonstrated how AI technologies are transforming asset investment planning in the UK energy sector. The Energy Transition represents an immense challenge, with ambitious targets such as Clean Power 2030 and Net Zero 2050 requiring the coordinated integration of all energy vectors and technologies.
A comprehensive whole-systems approach is critical to meeting Net Zero
Using BMA’s Decisio™ software platform, our whole systems approach identified that meeting Britain’s Net Zero targets by 2050 could cost nearly £300 billion less than official projections — by integrating biomethane into the UK energy system. This translates to savings of over £400 annually for UK households.
“Biomethane is the big green battery that can keep us warm and well-lit in the dark winters more cheaply than other identified pathways to Net Zero. This study is a wake-up call to look at more cost-effective options for Net Zero.”
Chris Huhne, Chair, ADBA
ADBA and BMA’s assessment revealed how dispatchable power from biomethane could reduce whole-system infrastructure costs by matching energy supply with demand through existing asset networks. Smart use of biomethane minimises the need for additional infrastructure while optimising asset utilisation across the system.
Read more about our approach and download the full report: The Role of Green Gas in Net Zero.
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