EnergyDigital Magazine April 2023 | Page 65

IS TO RTUNITY :

HARNESSING

DATA FOR ENERGY SOLUTIONS

WRITTEN BY : MARIAM AHMAD
As the world grapples with the energy crisis , data-led solutions could be seen as a vital asset in the path towards recovery

As the Europe-Russia energy relationship lies in ruins , unpredictable prices raise doubts about the viability of fossil fuel investments and infrastructure . The energy crisis has triggered a significant shift in international energy trade , bringing new risks and addressing long-standing vulnerabilities .

The shape of the new world is still evolving , and there ' s no possibility of returning to the past . History has shown that adjusting to energy crises is not a seamless process – governments have made commitments to transition to clean , renewable energy , which will occur within the context of this process .
Unlike fossil fuels , however , renewable energy generation is inconsistent .
Utilising data effectively will play a crucial role in enhancing the efficiency and output of both conventional and renewable energy assets , while concurrently equipping businesses with the means to expand and meet evolving customer demands .
Predicting future demand Pablo Boixeda , Solutions Engineer Manager at data powerhouse , Cloudera , believes that there are several challenges that companies need to tackle from the perspective of renewable source power generation .
energydigital . com 65