“iuvo” was conceptually founded in 2015, and seeks to provide businesses with medium to high energy demand access to the DSU (Demand Side Unit) incentive scheme established under the SEMO (Single Electricity Market Operator). iuvoEnergy is a associate company to WIS Group, one of the leading process engineering firms in Northern Ireland, employing circa 200 people operating in industries such as Renewable Energy, Aerospace Composites and Water/Waste Treatment, to name but a few.
Aggregated Energy Services
iuvo Energy provides business with access to a set of incentives known as DSU and AGU. Due to requirements set out in these respective schemes, 24 hour monitoring of energy demand/generation is necessary in order to meet the criteria for payment, which iuvo provides through its partnership with QVIEW Security.
DSU, or Demand Side Unit, provides yearly payments for businesses with medium to high energy demand, in exchange for the reduction of this energy demand at a rare occurrence. AGU, or Aggregated Generating Unit, compensates businesses for exporting their onsite generation to the electricity grid at a similarly infrequent rate.
These incentives are established in order to allow the system operator to meet nationwide energy demand in times of potential deficit, thus preventing the forcing of domestic blackouts or even commercial power shortages. However, such events are rare, making this scheme almost essential for businesses with medium to high energy demand/generation!
Are you looking for a way to reduce the cost of energy for your business, or a way to turn your energy generation into profit?
Then contact us via any of the methods below!
Contact / enquiry form
iuvo Energy / QView Security Ltd
1 Ballyreagh Business Park
Tel: +44 (0)28 8676 4477
Williams Industrial Services Ltd
Unit 5 & 7 Hydepark Commercial Centre
10 Hydepark Road
Co. Antrim, BT36 4PY
Tel: +44 (0)28 9083 8999
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