About Ylem Energy
Ylem Energy is an independent power generation company that generates energy from biogas fuels sourced from landfill and AD processes. It provides services for all types of gaseous-fuelled reciprocating CHP, generator systems, and the provision of energy management solutions. It is based in Salford, England.
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Latest Ylem Energy News
Jun 2, 2022
Long-term feed-in tariffs have quickly become a relic of a time when wind and solar needed subsidy support. For the fast-dawning future, writes Peter Bance, digitalisation will be key to a global energy system where 'commercial agility is valued over perfect foresight' 2 June 2022 10:45 GMT Updated 2 June 2022 10:45 GMT For clean energy operators, the days of sticking monogamously to one route to market for power production from your asset are ending. Now it’s all about open relationships. This is partly a result of fundamental market changes. Long-term feed-in tariffs are a relic of a time when wind and solar needed subsidy support to reach commercial maturity. Now they have. And owners have spent recent years trying to replace this previous financial ‘certainty’ with power purchase agreements (PPAs) and contracts for difference. Yet, these models are starting to show signs of fraying. Corporates want shorter PPAs that give operators less long-term stability, and competitive auctions have been driving strike prices too low for operators to make enough margin on their investments, meaning mainly that they will have to strive to compete in the open market to profit from new pools of ‘value’, especially with volatility becoming The New Normal. This will also fundamentally transform the way clean energy companies use software: if they want to be more flexible in how they sell their electricity and/or power, they’ll need to invest in building the right digital partnerships. They may not want to commit to one commercial route to market for 20 years, but they want a technology ally that gives them the flexibility to take part in emerging balancing markets and other energy transition plays as they emerge. This month, we signed a 20-year software-as-a-service (SaaS) contract with Ylem Energy , an energy generation and storage specialist. Naturally, we’re proud to say that it’s one of the longest software contracts ever signed in this industry; but I mention it more because it’s only the beginning of a much bigger trend. As our energy systems continue to transform, commercial agility will be more valuable than perfect foresight Ylem, just like the rest of us, doesn’t know exactly what the market is going to look like in five, ten, or indeed 20 years’ time. Instead of nestling under the wings of long-term PPAs to shelter from that unforeseeability, it is investing in the flexibility that comes from a powerful software system, with the aim of being ready to take part in whichever markets exist at that point in the future. Article continues below the advert The operators that will flourish in the next decade will be those that can draw on real-time power market data to see where the value exists – including the provision of demand response, energy storage and other balancing services – and put in place the technology infrastructure that means they can change direction at short notice. With super-fast data, analysis, and applications, they will be able to react in seconds. Flexibility is crucial, and this means that current software systems, with their focus on asset monitoring and predictive maintenance, will not be fit for purpose in future. They must draw on market data too, combining physical and financial data in new applications.
Ylem Energy Frequently Asked Questions (FAQ)
Where is Ylem Energy's headquarters?
Ylem Energy's headquarters is located at Edison House, Daniel Adamson Road, Salford.
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