Cellect Energy’s Post

Energy buyers used to shy away from speculation, but times have changed. While speculation carries risks, it also offers a high degree of freedom for managers to make bold moves based on market predictions, intuition, or trends. On the other hand, optimization achieves the best possible outcomes within given constraints, using data analysis to identify the best course of action within risk tolerance, regulatory requirements, and organizational goals. Rather than fearing speculation, which is actually sound optimization, it is wiser to acknowledge the positive evolution of the role of energy buyers. Energy procurement has become a dynamic and proactive activity where well-informed managers continuously adjust for the benefit of their companies, based on energy market conditions and the business rules and objectives they have been assigned. Without pushing the boundaries, but optimizing within the boundaries they have received. #energyspeculation #energyoptimization #eragroup

Gartner® has published its Market Guide for EMOS (Energy Management & Optimization Systems) including, for the second consecutive year, cost|TEM, our energy & ESG management system. Gartner® considers that EMOS are critical to organisations´ core value chain, as they directly connect the manufacturing environment to corporate sustainability initiatives by showing the potential to reduce or directly reduce Scope 1 and Scope 2 energy-driven emissions. The Gartner Market Guide considers EMOS should be part of the enterprise's operations software architecture to both manage operations and ensure effective data sharing across organisational silos. EMOS buyers should articulate their adjacent business ambitions and include data sharing and related integrations as part of their scope. The ability to share data and interact with these systems improves data quality, ensures transparency and enhances the user experience. CO2 Smart Tech is proud to be part of this guide together with the most representative vendors worldwide.

Gartner® has published its Market Guide for EMOS (Energy Management & Optimization Systems) including, for the second consecutive year, cost|TEM, our energy & ESG management system. Gartner® considers that EMOS are critical to organisations´ core value chain, as they directly connect the manufacturing environment to corporate sustainability initiatives by showing the potential to reduce or directly reduce Scope 1 and Scope 2 energy-driven emissions. The Gartner Market Guide considers EMOS should be part of the enterprise's operations software architecture to both manage operations and ensure effective data sharing across organisational silos. EMOS buyers should articulate their adjacent business ambitions and include data sharing and related integrations as part of their scope. The ability to share data and interact with these systems improves data quality, ensures transparency and enhances the user experience. CO2 Smart Tech is proud to be part of this guide together with the most representative vendors worldwide.

Gartner® has published its Market Guide for EMOS (Energy Management & Optimization Systems) including, for the second consecutive year, cost|TEM, our energy & ESG management system. Gartner® considers that EMOS are critical to organisations´ core value chain, as they directly connect the manufacturing environment to corporate sustainability initiatives by showing the potential to reduce or directly reduce Scope 1 and Scope 2 energy-driven emissions. The Gartner Market Guide considers EMOS should be part of the enterprise's operations software architecture to both manage operations and ensure effective data sharing across organisational silos. EMOS buyers should articulate their adjacent business ambitions and include data sharing and related integrations as part of their scope. The ability to share data and interact with these systems improves data quality, ensures transparency and enhances the user experience. CO2 Smart Tech is proud to be part of this guide together with the most representative vendors worldwide.

It is crucial your organization approach the energy subject with a comprehensive strategy and endeavor for continuous improvement. In the world of energy procurement where efficiency, cost optimization, and strategic decision-making are paramount – I am a game-changer. Strategic energy procurement is a complex process involving the orchestration of vast amounts of data, navigating dynamic market conditions, mitigating risks, and optimizing supplier relationships.  Does your organization analyze historic portfolio energy data and generate predictive models for future consumption? Have staff dedicated to uncovering valuable analytics to produce actionable recommendations? Even if that’s the case, can your organization boast market clout that enables strong execution of those data-driven recommendations? Juggling and reevaluating numerous never-ending puzzles of complex contracts among various suppliers, is one thing – having hundreds of suppliers compete against each other for your business is another. If your organization doesn’t seek to identify opportunities, mitigate risks, provision to gain a competitive edge, and drive operational excellence in the rapidly evolving business landscape – tasking my services with your organization’s energy procurement and management will be nothing short of groundbreaking. #SustainableAndProfitable #RiskMitigation #AlgorythmicAnalysis #MarketVolatility #EnergyProcurement #DataDataData #PredictiveModeling #ProducingDesiredOutcomes #MarketClout #SupplierCompetition 

Energy, Utilities, & Resources companies must continue to prioritize digital transformation to maintain optimal levels of productivity, demonstrate a strong commitment to excellence and success, while driving sustainable practices. In this year’s trends and predictions, our IFS experts have analyzed key market data and made three predictions that will guide the digital transformation and technology adoption in energy sector. Find out more in this infographic: https://ifs.link/L04sPX

𝐔𝐭𝐢𝐥𝐢𝐭𝐲 𝐀𝐬𝐬𝐞𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟏. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 The increasing demand for Utility Asset Management is driven by rising investments in grid modernization, the need for energy efficiency, growing grid complexity, and the imperative to reduce losses in transmission and distribution (T&D) lines. The evolution of the Utility Asset Management industry chain, market status analysis of Transformer (Hardware, Software) and Sub-Station (Hardware, Software), and examination of key enterprises in both developed and developing markets are crucial components. Additionally, the study delves into cutting-edge technology, patents, hot applications, and market trends within the Utility Asset Management sector. The market is segmented by type and application, and the forecast for the period 2024-2031 accurately calculates and predicts consumption value by type and application in terms of value. 𝐓𝐨 𝐊𝐧𝐨𝐰-𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐢𝐳𝐞 𝐀𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐎𝐟 𝐓𝐡𝐞 𝐔𝐭𝐢𝐥𝐢𝐭𝐲 𝐀𝐬𝐬𝐞𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭.𝗥𝗲��𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dbm6Fpyp *𝗕𝘆 𝗧𝘆𝗽𝗲: Hardware, Software *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Transformer, Sub-Station, Transmission & Distribution Lines, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻𝘀: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: ABB, Siemens, GE, Sentient Energy, Aclara, Emerson, Enetics, Inc.,Netcontrol Group, CNIguard, Vaisala #utilityassetmanagement #gridmodernization #energyefficiency #TandDlines #marketanalysis #technologytrends #industrychain #transformer #substation #marketforecast #developedmarkets #developingmarkets #patentanalysis #hotapplications #markettrends #consumptionvalue #linkedin #industrygrowth #utilitysector #enterpriseanalysis

I've been focused internally for a long period of time, allocating time towards the development of processes and quality control of data. We've discovered a number of high-quality energy locations during this process, with detailed metrics at scale. This information provides our clients with significant analytics that helps them purchase the best energy assets in the field, while maintaining the data integrity of the seller. In other words, clients are able to buy, monetize and increase profits while keeping the data and logic-based reasoning in-house, allowing for a geographic competitive advantage. I've started to consult in multiple states on strategic thought of the energy industry over the next 20 years. Carbon based asset ownership provides interesting return metrics that allow for sustainable growth, and in the next 20 years, sustainable growth will be the number one requested return metric. Investment within the parameters of carbon asset development is starting to be understood by the non-industry community. Utilizing the Helix network of education, opportunity and successful organization tracking, we have developed a network that provides clients the ability to learn more about the opportunities (and why they exist) and seeing positive results in real time, prior to ownership, or congruently post purchase, using actual client data to measure timelines of return, expense charting and overall management of assets. The Department of Energy is interested in creating sustainable, proactive, forward-thinking metrics of the next 20 plus years of energy consumption, with parameters that include all types of energy. Through the marketplace of the Helix, and the all-encompassing scope of the total energy environment (carbon and renewable) we are able to project scalable, geolocation specific consumption levels, and access points for different delivery systems. The quantum computing metrics I have been talking about for the last two years factor in the whole scope metrics, allowing discussions to expand well beyond the single carbon energy sources, and the existing delivery systems being built for export. I'll continue to post more as we register our systems.

The #energytransition brings many challenges for #utilities, from effectively managing intricate new assets, like #windturbines, #solarpanels, and #EV charging stations, to ensuring operational excellence with a 100% service uptime commitment, and addressing the challenge of talent scarcity, which amplifies the difficulty of attracting and retaining top-notch professionals.   So, how can utilities supercharge their journey through the energy transition and conquer these multifaceted challenges?  The answer lies in fostering #technologicalinnovation and embracing #digitaltransformation through state-of-the-art #FieldServiceManagement (FSM) software solutions. And when it comes to this, who better to turn to than OverIT Next-Gen FSM Platform?   Discover how OverIT - Field Service Management empowers Energy & Utility companies to thrive in this era of transformation! 👉 https://lnkd.in/eigRba4s

As energy companies continue to anticipate new demands due to climate change and energy resources, a crucial focal point should be looking at your technology.   Here are the themes in this article that Precisely has been able to provide to energy companies:   👩💻 Technology Systems - instead of a standalone system which creates challenges in interoperability and scalability, Precisely has developed a suite of solutions available to meet you where you are on your data journey. This allows for seamless integration and data sharing, which overall enhances the efficiency and reliability of your data.   ♻ Agnostic Vendor - Precisely is a technology agnostic vendor. We allow your organization to stay nimble and adapt to the changing landscapes of the market. We are also partnered with many of the leading technology vendors, allowing our solutions to be imbedded in the platforms and making installation a breeze.   💡 Predictive Maintenance and Monitoring - To quickly gain insights and potential issues of your data, Precisely has automated solutions that help you identify data anomalies, inconsistencies, and inaccuracies ahead of time. Our solutions allow you to be proactive instead of reactive. Automatically get notified as soon as anything changes in your data. Identifying a problem at the source is 1/10th less of a cost than finding it downstream.   I urge you to consider Precisely as you continue adapting to the pressures of grid expansion and automation. Big business decisions will rely on your data and the technology solutions you utilize. It's important you assess your solutions and seek out the themes in this article to ensure you are positioning yourself for success in this rapid changing environment.   I'd be curious to hear your thoughts. Feel free to leave a comment below and share your learning from the article, or other relevant industry knowledge.     A little about us: Precisely serves 99 of the Fortune 100 companies. We've been in business for 50+ years and have dedicated, award-winning industry leaders and solutions available to help you plan your roadmap for success. www.precisely.com 💜 #energy #energyindustry #energytechnology