Major changes are in store for the electricity grid. On the one hand, there is the fast-growing variable production of renewable energy, including solar and wind, to be reckoned with. On the other hand, more and more technical applications (e.g. electric vehicles, heat pumps, …) require a considerable amount of energy and have very specific demand patterns. The consequences of these evolutions are mostly felt in three segments of the electricity market: electricity supply, balance maintenance and network congestion. As the need for flexible means to match supply and demand continues to increase, all eyes are now on innovative initiatives such as the Flux50 ICON project.
A few weeks ago, the much-discussed General Data Protection Regulation (or GDPR for short) went into effect. It’s a directive with far-reaching consequences for companies that process personal information of EU citizens or are located within the EU. You’ve probably noticed it yourself by the sheer amount of emails asking for approval to keep using your contact information.
AE helps its customers become and stay GDPR compliant and treat this regulation both as leverage and as an opportunity instead as just another legal compliance project. In this post we’ll cut through the fog around GDPR and provide answers to some commonly asked questions. We’ll also tackle the impact of the GDPR on companies and their business processes.
On April 14, 2016, the General Data Protection Regulation (EU 2016/679) was formally accepted by the European Parliament. In the summer of 2018, this new regulation will replace all national data protection laws and regulations.