Combine enterprise simulation with powerful financial modelling tools
The energy generation, transmission and distribution sectors have long been at the forefront of the use of simulation and optimisation tools. However, the volume and rate of change driven by new technology, for example electric vehicles and renewables, and in some jurisdictions, the need to meet climate change obligations mean that the current generation of tools are inadequate. Many of the tools currently in use have been used at the plant level for engineering purposes or solely within narrow business functions such as asset maintenance. The lack of appreciation of financial or systemic issues by these lower level tools limits their overall value. How do you know if a locally optimised plan actually optimises the organisational objectives, is resilience to strategic risks and offers the greatest flexibility to leverage future opportunities?
Forward looking companies in this sector are realising that the spreadsheets and niche tools long used for making strategic decisions are inadequate within rapidly changing national and global markets. Not only do they not fully represent the operational constraints that exist in their businesses, they lack the flexibility to rapidly develop practical financially productive decisions that cut across organisational silos. Therefore, the ability to make rapid, forward looking and holistic decisions is a key competency that energy companies must develop to succeed in an increasingly complex and volatile sector.
BMA’s Next Generation Analytics provides an integrated modelling, optimisation and planning engine which can dramatically enhance the profitability of strategic and operational decision making within companies in the Energy sector. Our solutions can simultaneously consider multiple constraints, including operational, asset and financial constraints as well as sector specific constraints such as gas quality requirements through blended modelling capabilities which are unique to our solutions. Critically, to what is an asset intensive sector our solution is industry leading in its ability to consider asset interdependencies in its optimisation.
For over a decade BMA have worked with clients in the UK, Australia and South Africa to develop Digital Twins of their complex asset systems and business processes. These virtual representations of the physical world have been used in a variety of ways to answer some of the very difficult questions that the majority of first world energy companies now face.
“I have found BMA to be an excellent business partner, they have listened to our needs, understood the data that is available and tailored their approach to deliver outstanding results.”
Strategy & Innovation Manager, National Grid Gas Transmission
“We engaged the support of Business Modelling Associates to develop the understanding of our end to end sludge management costs and opportunities. The model is now at the heart of how we manage our renewable energy and recycling operations in Yorkshire.”
Head of Energy and Recycling at Yorkshire Water
“NGN worked collaboratively with BMA to model a number of supply and demand based Hydrogen gas futures…Key to the success of this project was BMA’s collaborative and engaging approach that balanced the technical expertise of NGN with the modelling rigour and practical approach of BMA to deliver a holistic and mutually beneficial outcome.”
Head of Asset Strategy, Northern Gas Networks
“The model has given South West Water evidence based insight. It is informing real strategic options that the business can take to improve efficiencies; whilst also tactically preparing for market development. The model is enabling effective decisions to be taken with confidence.”
Head of Wholesale Strategic Performance and Development, South West Water
“BMA are currently working with us on the development of our 25-year bio resource investment strategy. I have been impressed with their domain expertise and their collaborative, sometimes challenging, but always engaging approach. A key success factor was an initial data and process review which BMA led in very structured way.”
Strategic Programme and Performance Leader at Anglian Water Services