“Without integrating operational data with traditional IT data, I don’t think the industry would be any further along than it was five or 10 years ago.”
~Steve Ehrlich, Space Time Insight...
3Rs for Power And Demand
Dynamic monitoring and decision systems maximize energy resources.
States there is very little transparency in forward electricity markets. In the Australian market as well as in the NordPool market the forward market is functional and this significantly reduces price volatility in short-term day- and hour-ahead markets.