BIG DATA AND PREDICTIVE ANALYTICS IN RENEWABLE ENERGY INVESTMENT

July 5, 2018

Predictive Analytics and Big Data are currently two significant disruptive forces across the global economy, a trend which looks set to continue for the foreseeable future. Organisations that are sophisticated enough to leverage these tools are developing acute competitive advantages based on their nuanced insights and accurate forecasts. The implementation of a strategy incorporating Big Data or Predictive Analytics poses several technical challenges that need to be reviewed in detail to build out a suitable infrastructure to reliably grow and utilise the vast reserves of data required for actionable business insights.

Spotlight

Repsol

Repsol is an integrated global energy company with vast experience in the industry. It carries out Upstream and Downstream activities throughout the entire world. We are present in more than 40 countries and we have a team of more than 24,000 people committed to a future project: the construction of a sustainable energetic model.

OTHER WHITEPAPERS
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Interim Hydrogen Roadmap

whitePaper | August 9, 2023

We need to do things differently if we are to avoid the impacts of climate change. To play our part in limiting global warming to 1.5°C, the Government has committed to reaching net zero for all greenhouse gas emissions by 2050.

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The Hydrogen Economy

whitePaper | October 10, 2022

Climate change and geopolitical turmoil require a radical transformation of today’s fossil fuelbased economy into a renewable energy system. Electricity generation from wind and solar is subject to strong daily and seasonal fluctuations. The potential to produce green electricity also varies greatly geographically. In this context, hydrogen provides an optimal solution for bridging the gap between the volatile generation and the need to supply green energy on-demand across all sectors.

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PROGRESS TOWARD 100% CLEAN ENERGY

whitePaper | November 13, 2019

DESPITE FEDERAL POLICY DESIGNED TO PROMOTE FOSSIL FUELS, A RENEWABLE ENERGY TRANSITION IS UNDERWAY, LED BY COMMUNITIES AND STATES THROUGHOUT THE U.S. A growing number of cities are choosing to transition to 100% clean energy – and dozens have already hit that target – while the list of states committed to a 100% renewable energy future also continues to grow. This local and state demand has contributed to a near doubling of renewable energy generation since 2008.

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The EU’s Plan to Scale Up Renewables by 2030 Implications for the Power System

whitePaper | April 12, 2022

Scaling up renewable energy (REN) is paramount for climate protection and energy security, but it is also a major industrial challenge for the European Union (EU). The REPowerEU plan requires multiplying the installed capacity for solar photovoltaic (PV) power by a factor of 3 and raising wind capacity by a factor of 2.5 in less than 8 years from now.

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Analyzing The Impact Of TheInflation Reduction Act OnElectric Vehicle Uptake InThe United States

whitePaper | January 20, 2023

The Inflation Reduction Act (IRA) of 2022 will move electric vehicle (EV) sales into the fast lane for consumers in the United States across all vehicle types.

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Is the sun shining on new energy sources?

whitePaper | January 27, 2020

Although the European Union (EU) seems to be on track to meet this year’s greenhouse gas (GHG) emission reduction target of 20% compared to 1990 levels, it is currently not projected to achieve the 2030 targets. In line with the Paris Climate Agreement of 2015, these targets relate to domestic GHG emissions, the share of renewable energy sources and energy efficiencyi . Hence, radical change is required and we all need to do our bit. With road transport accounting for approximately 20% of carbon dioxide (CO2 ) emissions in the EU alone, the mobility sector can play an important role in helping to accomplish the environmental targets.

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Spotlight

Repsol

Repsol is an integrated global energy company with vast experience in the industry. It carries out Upstream and Downstream activities throughout the entire world. We are present in more than 40 countries and we have a team of more than 24,000 people committed to a future project: the construction of a sustainable energetic model.

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