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Meridian: Increasing productivity and building credibility with transparent energy and greenhouse gas management
Technology Category
- Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
- Renewable Energy
Applicable Functions
- Business Operation
Use Cases
- Energy Management System
Services
- Cloud Planning, Design & Implementation Services
- System Integration
The Challenge
Meridian, a renewable energy company, was faced with increased stakeholder interest in its own energy consumption and greenhouse gas (GHG) emissions. The company wanted to move to best-practice carbon and energy reporting and saw a growing need to provide more accurate reports on emissions as well as credible reduction initiatives. This would help to communicate with key stakeholders in a confident and authentic manner. However, Meridian’s GHG accounting system was a spreadsheet-based solution requiring manual data entry, multiple checks and re-checks and frequent requests to update data. It was an inefficient system that posed credibility risks through data integrity issues and made analysis difficult.
About The Customer
Meridian Energy is an integrated renewable energy company. They are the largest electricity generator in New Zealand, generating power from 100% renewable resources. Meridian retails electricity to homes, farms and businesses across the country, through their Meridian and Powershop brands. The company's business strategy involves the integrated development, generation and retail of electricity, offshore development of renewable energy and innovation in energy services. Reducing greenhouse gas (GHG) emissions is a fundamental part of their renewable energy proposition. Meridian is committed to conserving energy and reducing GHG emissions not only in their own operations but also through developing renewable energy generation that reduces the GHG intensity of New Zealand’s total electricity supply.
The Solution
Sphera implemented the SoFi Enterprise Sustainability Performance solution, a central software platform for streamlined collection, analysis and reporting of energy consumption and GHG emissions. The implementation achieved three goals simultaneously: Conversion from a spreadsheet based accounting system to a user-friendly web-based information management system; Extension of current GHG reporting to include more Scope 3 emission sources such as employees commuting and purchased goods and services; Restructuring and streamlining of Meridian’s reporting and auditing process.
Operational Impact
Quantitative Benefit
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