Back in 2010, I was the CTO of a small energy startup, designing connected domestic energy sensors, along with some fairly hardcore data analytics, to help consumers work out what was contributing to their energy bills. It was a fairly crowded market as small companies saw the potential for promoting energy efficiency to consumers and investigating ways to use emerging battery technologies to smooth out household demand and reduce cost. Few of those companies survived. Energy suppliers acquired some, then shut them down as they realised that persuading consumers to spend less money didn’t really fit well with their business model. The energy suppliers also had bigger issues, such as dealing with the Government’s impending Smart Metering programme. A few of the startups have survived and were looking forward to renewed interest arising from the UK hosting the COP26 summit.
A couple of months back I started to hear from them that promises to be involved in the events surrounding COP26 were being withdrawn, because space needed to be allocated to other companies that were “closer” to the Government. It seemed that what you knew was less important than who you knew. NetZero nepotism appeared to be kicking in. It felt reminiscent of what we saw at the start of the pandemic, where companies with engineering expertise were asked to help design and build ventilators. A few months later, those efforts were quietly put on the shelf. Instead, contracts for PPE and Test & Trace took precedence. They were easier for Government ministers to comprehend than real engineering, so could be packaged up in marketing campaigns and handed out to the Friends of Dominic and Matty. This week’s damning report from the Public Accounts Committee has described Test & Trace as “muddled, overstated, with an eye-wateringly expensive budget of over £37 billion, which has failed on its main objectives”. That £37 billion is not vastly different from what the equally muddled and overstated Smart Metering programme will have cost the consumer by the time it’s complete, showing that the Government is not generally the best judge of who can deliver, or the way to do it. If we want to achieve our NetZero objectives, it’s vital that we don’t go down the same route.