The Baltic countries’ energy market is at a dynamic development stage and differs from the markets of neighbouring European and Nordic countries. Historically, the Baltic countries have been isolated from European electricity networks, making synchronization difficult and limiting import/export opportunities. The small size of these markets has limited competition and liquidity. Therefore, the liberalization of the Baltic energy markets per EU legislation will create competitive electricity and gas markets. This is expected to increase efficiency, reduce prices, and increase investment. An imp ..read more

The powerful EV charging billing software is a must-have for EV charging businesses. Imagine you’re a charge point operator (CPO) transitioning into an e-mobility service provider (EMSP) to grow and get new revenue streams. Your network grows, and so does the list of your partners. Consequently, you need a robust billing solution that encompasses partnership management and revenue settlement.  Or, you’re an EMSP that offers charging network roaming and a B2B app for EV fleet drivers, delivering access to charging stations beyond their primary locations. Additionally, you aim to facilitate ..read more

Nordic utilities is one of our priorities in the company’s development roadmap. With the recent announcement of MaxBill’s Nordic expansion, we focused on researching the major market drivers and specifics to adapt the solution to the needs of Northern businesses. Our partners Lars Enström and Carsten Korgaard, who possess extensive market knowledge, have helped us, providing valuable insights from a wide variety of economic sectors and industries. Together, we have looked at both the internal drivers of the companies and the external demands they face, to determine the main pain points of prov ..read more

What about Energy & Utility tech developments in 2024? 2023 paved the way for decentralisation, blockchain, and AI, shaping the future of the grid. Anticipate these trends to persist as we move into 2024. Decentralisation Consumers are showing a monumental shift towards decentralised energy systems, taking greater control over their energy fate. By embracing technologies like rooftop solar panels and storage solutions, individuals are not only powering their homes but also feeding excess energy back into the grid and engaging in peer-to-peer trading. This empowered approach not only promo ..read more

EV charging pricing in Europe is being shaped. For now, there’s no one-for-all approach for establishing EV charging pricing. The private sector represents businesses with different business models, such as public charging networks, semi-private ones, home charging solutions, or a combination of all. Every provider now has the option to shape their pricing scheme.  However, the European Commission has embraced the Alternative Fuel Infrastructure Regulation (AFIR), promoting a shift towards an energy consumption-based pricing model. This move aims to unify charging pricing frameworks throu ..read more

In 2023, we attended the Enlit Event, and it was clear: the energy transition and related digital transformation utilities undergo are two processes that go hand-in-hand. France, for example, has just finished the roll-out of smart meters, making utilities adjust to it. One of Spain’s key subjects today is energy communities. Therefore, each country has their own realities, and so do energy and utility organisations in each country. Smart grids are another vector that is revolutionising the energy sector, reshaping not only its infrastructure but also its business models and enhancing customer ..read more

The debt prediction model in utilities and energy has become a crucial instrument for utilities in recognising and preempting the surge of customer indebtedness. In this financially strained landscape, it especially makes sense. Revenue protection, healthier cash flow, better financial performance – all that becomes possible after leveraging predictive technologies and their suggestions for managing “at-risk customers’. So, in this piece, you will learn about: The real “debt situation” that makes us help deliver solutions to utilities The debt prediction tool: what it is and how it helps serv ..read more

Press Release E-World Energy and Water Trade Show, Essen, Germany [February 20–22, 2024]. In a groundbreaking showcase of technological prowess and visionary strategy, MaxBill attended this prestigious event. This year’s exposition attracted over 900 exhibitors and 20,000 visitors from more than 30 countries, including the Netherlands, Britain, Norway, Turkey, and the UAE, underscoring its international appeal and significance in the energy sector. Focusing on the German market yet drawing global attention, this biggest trade show for the energy industry has become a pivotal platform for explo ..read more

Efficient utility debt management and collections system are probably the number one priority for companies in a big debt crisis. Why? Utilities are facing mounting debt management challenges. In this piece, you will get to know: Our ‘Why” to address this problem Factors that lead to debt management issues Ways of debt recovery and debt collection What’s your next big step to address bad debts Why We Address Utility Debt Management Issues? As gas and energy prices surge alongside the rising cost of living, consumers in Europe, particularly in the UK and the U.S., cannot or do not pay their u ..read more

Predicting churn might stand at the forefront of the battle against customer attrition, should utilities implement a ML-based predictive model. It combines cutting-edge machine learning and data analytics, providing utility businesses with invaluable insights into customer behaviour. Companies get a competitive advantage by identifying the next best move toward a valued customer. At the end of the day, they want to stay with your organisation. So, in this piece, we’ll introduce you the MaxBill churn prediction model for Utilities and how it helps alleviate this high churn rate pain. You will g ..read more