Blog & News

We talk about AI a lot, about it’s potential to make our lives easier by revolutionizing the way we lead our lives and do business. However, the reality is that very few organizations have a strategy for AI in place. Why is a technology that promises to do so much being used so little?
  • January 26, 2021
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Artificial Intelligence (AI) has revolutionized the way we make sense of big data; its applications are crucial for every industry that generates or has access to large amounts of data. In an energy ecosystem that is increasingly becoming digitalized, and generating big data, the applications of AI are endless throughout the ecosystem.
  • January 26, 2021
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In the next couple of decades, renewables will replace fossil fuels to become the major source of energy globally. Wind and solar energy, the fastest growing renewable energy sources globally, as well as hydro energy, are directly influenced by variations in the weather conditions.
  • January 26, 2021
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Electricity price forecasting is a highly complex process that depends on numerous variables including demand, transmission conditions, weather forecasts, government regulations, market conditions, financial speculation, and more.
  • January 26, 2021
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Electricity demand is a clear indicator of economic activity. During the lockdown, Europe has witnessed a record decline in electricity prices and drops in overall consumption as much as 20% in Mid-April when compared to the previous year. Italy, where the lockdown was the strictest, recorded as much as a 30% drop in power demand, Spain 20%, France 15%, and Germany 10%. Even though residential power demand soared during the lockdown, a sharp decline in commercial and industrial power demand resulted in an overall dip.
  • January 26, 2021
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  • January 26, 2021
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In most financial markets, algorithmic trading already accounts for the majority of the trade volume. In the United States, 80% of all stock trades are machine-driven. Thanks to its obvious benefits, algorithmic trading is also finding more and more acceptance in Energy markets, especially in short-term markets. Algorithmic trading strategies are fast becoming a source of competitive advantage in the increasingly digitalized and volatile intraday power markets.
  • January 26, 2021
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The European Union is investing in 22 new LNG Import Terminals to be developed across Europe in addition to the 29 that are operational. 21% of the global LNG supply is consumed in Europe and it is imported. However, Europe has to achieve supplier diversity to end its reliance on Russian pipelines. Development of new LNG Import Terminals is a step in this direction.

  • January 26, 2021
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Experts speak on declining subsidies for renewables in Europe, and its effect on renewable power projects.

  • January 26, 2021
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Experts speak about the role of Power Purchase Agreements (PPAs) in driving a renewable energy future.

  • January 26, 2021
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