SMART ENERGY
“ With the right insights , energy production from renewable assets can be optimised , meaning future supply and demand can be better predicted ”
PABLO BOIXEDA SOLUTIONS ENGINEER MANAGER CLOUDERA
“ Effective use of data can directly impact the cash flow of wind and solar-generation companies in areas such as real-time decision-making . With the right insights , energy production from renewable assets can be optimised , and future supply and demand can be better predicted ,” he states . “ Organisations working in traditional energy generation will have to adjust costs by improving the efficiency of these plants .
In this respect , several studies project that the proper use of advanced analytics implies savings of between 5 % and 7.5 %. This is due to an improvement in plant uptime , supported by predictive maintenance applications and coupled with optimisation of the fuel consumption that powers these plants , alongside fine-grained performance monitoring that eliminates over-production .”
Boixeda says the need to have a data platform that allows for a fine-tuned analysis and prediction of supply and demand will become essential if energy companies are to operate in a more efficient , profitable way .
Ensuring energy security through the grid In its 2022 report , the International Energy Agency highlighted the importance of increased cooperation and data sharing
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