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This paper introduces nine Information Principles, based on industry best practice, and revised and updated for the privacy conscious age we find ourselves in. There is considerable value in the information held across the energy industry, but to get the most value from it requires a consistent approach to managing it, sharing it, and where possible opening it up to as wide a use as possible.
Where we start to unlock the value held in consumer data, there will be huge concerns around privacy and ethics if this is not done in a safe and transparent manner. We recommend use of our Information Principles as a means of ensuring this is done correctly. These principles are a tool to address the challenges around the governance, security and ethical use of information, while at the same time promoting innovation through data-driven initiatives.
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