Plenary Session
Energy data management for better decision-making
- Reinout Goudeseune, Global Category Manager Utilities at Bekaert
- Bruno Alejandro Luis, DevOps at E&C
The larger number of contracts of a diversified energy portfolio will result in a larger number of physical and financial flows of energy, billed in a larger number of invoices. With the added complexity of having many of those cashed out on an hourly basis, keeping track of how much you consume and pay will become a daunting task.
Answering questions like: “how are we contracted?”, “how are we hedged?”, “how much do we pay?”, “how green are we?”, will necessitate a correct reconciliation of a large multitude of parameters. Failure to do so will lead to missing contractual deadlines or opportunities, unexpected cost increases and deviations from budget, frustration inside your organization about mistakes in reports, wrong decision-making in hedging and energy investments, accusations of greenwashing, etc.
Stay ahead of this with insights into the kind of energy data management you will have to roll out to keep control over your diversified energy portfolio.