The 3rd CHARGE Energy Branding conference will take place in Reykjavik, Iceland – in September 2018. The Harpa Conference hall has been booked for the 24th and 25th of September. Save the dates and make sure to make most of the trip to Iceland and arrive on Saturday 22nd of September. Use the weekend for some sightseeing in and around Reykjavik and some pre-event networking.
Don’t miss the only global event that puts consumer perception on energy, sustainability and brand building in the energy space in crystal clear focus. Meet your peers and consumer-obsessed individuals in and around the utility sector. Listen to professionals from global energy brands, smaller challengers, energy startups, energy associations and global brands in other sectors and discuss the present and future challenges of the energy sector.
The location of the event is not a coincidence, situated where the tectonic plates of North America and Europe meet – Iceland is the perfect place to host the discussion on branding energy utilities. The energy sector has been and is still to some degree, localised. Reykjavik provides a great setting for discussing the future of energy, being powered 100% by renewable sources and heated by the volcanic powers of geothermal energy. With direct flights from both coasts of N-America and most European countries – Iceland is just perhaps the most accessible exotic island in the world.
The CHARGE mobiles arrived in Hof after driving in great conditions from Höfn. The week before the group arrived in Iceland, heavy rain in the South and East of Iceland caused floods that ruptured Road 1. Construction crews had just finished putting up a temporary bridge when the Electric cars arrived.
While the group had left the North the day before the first snow of the autumn, the first leg of the journey on the South coast of Iceland had still some remnants of summer – sun and up to eleven degrees centigrade.
Stuart, Mark and Anita stopped by Jökulsárlón, a lagoon full of ice from the glacier above before heading off to Hof, their destination. At Hof, they got to plug their vehicles while they rested for the day ahead.
The most challenging leg of the journey was ahead. The autumn chill is fastly sliding towards winter with the temperature at three degrees centigrade. From Húsavík the cars went in land and upwards. The EVs had a steady climb to 500 meters above sea level where they stopped for a charge at Möðrudalur. Where a Viking goat took the passenger seat (The Icelandic goat immigrated to Iceland along with the Norse settlers)
At Möðrudalur they had a relaxing time while enjoying coffee and Kleina, an Icelandic pastry that could best be described as the twisted sister of the Donut.
Although the way up there was a bit straining on the batteries, the way down was a bit better as Stuart describes in the video. The batteries were pancaked at arrival at Egilsstaðir.
Wednesday, October 4th
From Egilsstaðir they started driving from the most eastern point of the trip towards the south coast of Iceland. On the way, the cars stopped for a top-up at Grímsárvirkjun Hydropower station. Not every day that you can plug your car straight to the power source.
You can view Stuart’s video diary in the player below:
Electricity from renewable sources pours from the wall sockets of Icelandic homes. A vast majority of the country’s car fleet is, however, powered by fossil fuels. Electric vehicles are a viable option in Reykjavik, the nation’s capitals, where two-thirds of the population lives. But traveling around between the remote and spread out rural villages is a challenge no one has taken on.
One of the guests attending last year was Stuart McBain, an accountant from England who specializes in clients that have a sustainability focus. He was so thrilled with the conference that he stated: “I will be attending CHARGE for the rest of my life!”. Stuart has been an electric car owner for some years now and is quite passionate about the transformation from fossil fuels to electricity.
I will be attending CHARGE for the rest of my life!
His passion has literally driven him around the coastline of Britain in an electric car and he is planning to drive along the equator as well.
Stuart is a man of his words but wanted to give something back and deliver a presentation about his passion for renewable energy and sustainability. In a conversation with Dr. Fridrik Larsen, he kindly asked for a slot on the EV track. Since the demand for speaking slots is higher than supply, Fridrik thought that Stuart would have to earn his slot on stage: “Only if you put your money where your mouth is and drive around Iceland before the conference” (well… not really but it sounds kind of cool).
Stuart will attempt to drive the ring-road around Iceland in an electric car accompanied by his 81-year-old mother and his friend Mark Gorecki. The ring road, or Highway 1, is only 1332 km long but there are many challenges for an electric vehicle. For one, there is no network or infrastructure of charge points and another is the number of mountains they will need to drive up along the way.
…there is no network or infrastructure of charge points
Stuart claims that he does not know the term Range Anxiety which is good since there are often more than 100 kilometers between villages along the way and a portion of the trip takes them through the deserted Martian landscape of the Icelandic highlands with an elevation of 600 meters above sea level and not a farm, village or survival shelter in sight for 170 kilometers. If the ring road is not too much of a challenge for them, they might go off the ring road to visit a village or two in a remote fjord.
If Stuart makes it back in time he will give a presentation at CHARGE and share his adventure as well as talk about his passion for sustainability and electric vehicles.
Landsvirkjun is Iceland’s biggest power generation company, generating over 70% of electricity in the country. There has been a lot of changes in the Icelandic power market and Landsvirkjun has moved from focusing on low-cost electricity buyers market to a more balanced seller’s market, offering competitive prices.
The company offers 100% renewable power on the wholesale market, having only a few customers, meaning that their branding and image building is a bit different from other traditional power companies. It is, however, important for the largest power company in Iceland to deliver a clear message to their stakeholders (the company is owned by the Icelandic authorities) and their customers.
Landsvirkjun’s mission statement is:
Landsvirkjun’s role is to maximise the potential yield and value of the natural resources it has been entrusted with in a sustainable, responsible and efficient manner.
The role of the company has changed in the last years. Instead of focusing on growth and creating new jobs, its focus is today on more value creation than before. The energy transition and the way renewable resources have become more valuable for end consumers has enabled Landsvirkjun to focus more on the Green value proposition.
One of the major challenges utilities face is getting the consumers to trust them. Eggert Gudmundsson has an interesting background, after receiving an MBA degree he worked for several years for Philips before returning to Iceland to become the CEO of the countries biggest fishing companies and then became the CEO of Iceland’s biggest fuel and retail company. With this background in commodities, electronics and finally energy, Eggert is now heading the innovative energy enabler eTactica which has developed an EMS for SME’s. The eTactica solution enables energy companies to create tighter bonds with their customers and adds measurable value to their services.
Jim Rogers, the retired former CEO of Duke Energy was the first CEO of a major utility to address environmental issues and once named by Newsweek as one of the “50 Most Powerful People in the World”.
In his presentation at the Green Energy track at CHARGE 2016, Jim talked about the customer relationship during the transformation of the Power Industry in the United States.
Duke Energy has the reputation of being affordable, reliable and safe. No one would say that they were green, they were the highest contributors of Co2 in the United States.
You can’t brand yourself unless you walk the talk.
Duke Energy has cut down Co2 emissions by almost 30 per cent but Jim admits that although the number seems high and the amount of emissions cut is quite large, the company is still a major contributor of Co2 emissions in the United States. For the effort, the company has been on the Dow Jones sustainability index for eleven years.
Branding: it’s not what you say about yourself, but what others say about you.
In addition to cutting down emissions, the company has made some considerable investments in wind and solar as well as investing in solutions that provide customers with rooftop solar.
The key point in adapting to and investing in green technology is to be able to communicate with and educate different stakeholders. The customer expects affordability and the investor want to see that the company will see a return on their green energy investment.
As Jim put it, the company invested in where the wind blows and the sun shines as well as looking at opportunities where the regulatory environment is favourable towards green investment.
When preparing for his presentation in the track on the branding of sustainable energy, search engines turned Ayoola Brimmo to the CHARGE website. In the introduction of the presentation, he noted that this was the only place to discuss how to successfully brand sustainability.
A brand needs to take a look at the past to be able to build towards the future was the key point to take from Ayoola Brimmo’s lecture at CHARGE 2016. Ayoola works at the Nordic Innovation hub in Abu Dhabi and used the case of Dubai as an example of a city brand that has become more valuable due to a strategic brand building that focuses on the perception of luxury. Another example of a city brand that has been developed in the Emirates is Masdar City. When Dubai is the luxury city brand, Masdar takes footing as a luxury brand but goes further to differentiating itself by focusing on the sustainability of the city. Even though sustainability has become sort of a buzzword in the last decade, Masdar has yet to become a city brand with a worldwide recognition.
Iceland is one of the few countries in the world that can boast of having all of its energy generated from 100% renewable and sustainable sources. Electricity is generated from hydro dams and geothermal plants and almost all hot water comes from geothermal sources.
Green energy has been the most popular differentiation tool for retailers in liberated markets for the last decades. For a retailer in Iceland it can be a challenge to be perceived as the green brand. Áslaug Thelma Einarsdóttir, managing director of marketing at ON Energy gave insights on how the company met the challenge of rebranding and positioning itself as the leading sustainable brand.
One of the more interesting energy brands to hit the retail energy market in Germany is Shell PrivatEnergie. The company behind the brand is the UK’s largest challenger to the Big Six, First Utility. First Utility entered the market utilizing one of the largest known brands in the energy world, Shell – with over 100 years of brand recognition in the German market and around 2.000 retail outlets. The German market has over 1.400 electricity retailers and is one of the most active energy markets in the world.
Maik Neubauer, CEO of First Utility in Germany is responsible for the Shell PrivatEnergie offering and participated in the Understanding the Energy Consumer track of the conference. He went over the Shell case; which elements of the brands were transferred to the electric energy brand and how to create a credible quality energy brand that is trusted by the energy consumer.