If you’re working in the renewable energy sector in the European Union, you’re probably no stranger to the maze of regulations that seem to grow more complicated by the day.

It’s not just about producing clean energy anymore…

It’s about staying compliant with the Agency for the Cooperation of Energy Regulators (ACER) and all the rules they’ve set up to ensure that the energy sector stays on track with its climate goals.

Along with the separate entities!

The problem is…

Many renewable energy companies struggle to keep up with these evolving regulations.

Every few months, there’s a new requirement or update to comply with.

And if you miss something, the consequences can be severe – anything from financial penalties to losing out on crucial government subsidies.

Not to mention, it can slow down your projects, which is the last thing you want.

But here’s the good news!

Custom software solutions can be designed to specifically tackle these problems.

Let’s break it down and see why having tailored software might just be the answer to navigating such complex renewable energy regulations.

But first!

Europe is serious about its renewable energy targets.

New regulations and reporting requirements are constantly being introduced to align with the Sustainable Energy Goals set for the betterment.

For companies in this space – whether you’re into wind energy, solar power, hydrogen or biomass – this means you have to keep a track of tons of data.

You’re expected to report on energy production levels, CO2 emissions, grid integration and others!

And here’s the kicker – “These regulations aren’t static!”

They change!

A lot!

For instance, wind farms need to provide regular reports on everything from turbine efficiency to environmental impact.

Solar companies might have to report on their contribution to grid stability.

Each energy source comes with its own set of rules, and keeping up with these changes manually is…well, quite overwhelming!

Now imagine automating that entire process – custom compliance software can do just that for you.

It is designed to integrate with the existing systems, pulling data in real-time and making sure you’re always up to date with the latest regulations.

So instead of worrying about missing a new requirement, you can focus on what matters the most – Producing clean and Sustainable Energy!!!

But what are the problems that these companies often face?

Let’s decode them!

There are actually a lot more complications that these companies in the sector have to face but let us tell you three of them

Let’s face it, the rules are tricky.

Due to evolving needs, there is a regular updating process that goes on frequently, related to certain standards and others to meet both national goals and international agreements like the Paris Climate Accord.

That means your compliance strategy can never stand still – you must constantly adapt.

Without the right tools, staying on top of these changes can be tough, time-consuming and prone to errors.

And when you’re trying to manually track updates, there is often a risk of falling out of compliance, leading to fines or delays.

If you’re still using spreadsheets and manual reporting, you’re probably spending way too much time on compliance paperwork.

Just to give you an idea –

According to a report – In Denmark, renewable energy companies must report on a wide range of metrics, from CO2 reductions to energy production levels on a Monthly and Annual Basis.

That’s a lot of data and getting it wrong could mean missing out on subsidies or, worse, facing penalties.

Most renewable energy companies use multiple systems to track their operations – one for energy production, another for emissions data, and yet another for grid performance (energy storage).

This fragmented approach makes it nearly impossible to get a clear, unified view of data for your compliance status.

A custom software solution can centralize all of this, giving you one place to manage everything from CO2 emission reports to production data.

That means less hassle, fewer errors, and more accurate compliance.

So, what to do in order to get everything done in the technically capable world?

Get Compliance-Focused Custom Software Development done for your needs!

The best part about getting custom software built for your specific needs is that the development team thoroughly evaluates relevant laws and important procedures, collects essential data, and discusses everything with you.

Once the basics get sorted, they help develop software that meets all your requirements and expectations, ensuring everything runs smoothly without any hassle!

And they do that by…

Imagine a software that automatically updates itself with the latest changes in the regulations.

No more manually checking for changes made – the system can and will do it automatically for you.

Custom compliance software can be configured to integrate local laws, ensuring that you’re always one step ahead.

With custom software, reporting becomes a breeze.

Automated features pull the required data directly from different systems and start generating reports in real-time with minimal human intervention.

Not only does this save hours of work, but it also minimizes errors that could lead to non-compliance.

One of the biggest advantages of custom solutions is centralized data management.

No more jumping between different platforms to gather the necessary data for your compliance reports.

With custom software, all your energy data – can be tracked, stored and reported in one place for simplicity and further use.

Unlike off-the-shelf software, custom regulatory compliance software is built to handle the unique demands of specific regulations of a country.

You’re not stuck with generic tools that might miss a critical compliance requirement specific to the country that you are in and at the same time can be accustomed to international standards as well.

Your software is designed with your exact needs in mind – whether that’s managing local energy tax calculations or keeping track of renewable energy credits.

After reading all the information here – if you still find it hard to picture how such a solution can help you with compliance…

Then let’s clear the picture with the help of an Example.

Ørsted is one of the world’s leading renewable energy companies.

Ørsted underwent a massive transformation from fossil fuels to green energy and faced numerous compliance challenges related to –

• • Environmental regulations
  • Data management
  • Sustainable development

Ørsted’s move to renewable energy required the development of custom systems to ensure they met both national and international environmental standards.

They developed sophisticated monitoring and compliance tools tailored to track emissions and optimize their renewable energy production, ensuring they stayed ahead of legal and industry requirements and updates.

By developing and using tailored software systems, Ørsted is now working towards achieving its goal of becoming a carbon-neutral company by 2025, which is far ahead of the industry schedule – At least what it looks like now!

Read More about their Journey Here – Our Green Energy Transformation | Ørsted (orsted.com)

This example is a perfect way to understand how custom software solutions are vital for managing complex compliance needs in sectors like renewable energy.

Let’s conclude this blog with a final question that people in the energy sector often have in mind –

So, why should we, as a Renewable Energy Company, invest in custom compliance software?

First of all,

It’s an investment in efficiency!!!

Do you not want that?

Secondly,

Automating compliance processes frees up your team to focus on innovation, rather than paperwork.

Thirdly,

Custom solutions are made for specific purposes to ensure maximum accuracy at all costs.

Because – the last thing you want is a mistake in your reports that could lead to penalties or delays.

Finally,

Today, it’s all about staying competitive.

With custom regulatory compliance management software, you’re not just keeping up with regulations – you’re getting ahead of them.

These software solutions are now a dire need to stay compliant, avoid fines, and focus on what really matters……..

Building a greener and better future for the world!

So, if you’re struggling with compliance or simply want to make the entire process easy and efficient with renewable energy solutions, it’s time to consider what we have written so far in the blog!