Author: Joanna Musiala
Improve Forecasting by Simplifying Data Analysis with ZEMA
Forecasting is an essential part of running a business, and historical data is a vital component of forecasting. Done correctly, forecasting helps a company plan ahead and increase its chances of remaining profitable. When it comes to data, the challenge for many companies today is finding a way to analyze abundant amounts of data ...
Harnessing the Opportunity of Carbon Cap-and-Trade
In recent years, there has been a growing worldwide effort to reduce carbon emissions. Many initiatives are in place to reduce or minimize the effect of carbon emissions, including the introduction of stricter energy and fuel efficiency standards; the development of carbon capture and storage (CCS) facilities; the development of alternative energy sources to ...
NYISO’S Growth of Capacity and Transmission Challenge
The New York Independent System Operator (NYISO) was founded in 1999, a period of high electricity prices, in hopes that a more competitive marketplace would help bring the cost of electricity down (NYISO). Currently, the NYISO is responsible for the reliability of power generation and transmission in the state of New York. For over ...
The Push for Compressed Natural Gas Personal-Use Vehicles
There has been a recent effort by the natural gas industry to increase the amount of compressed natural gas (CNG) vehicles on the roads. Compressed natural gas is more environmentally friendly than regular gas and saves drivers about $1.50 per gallon compared to gasoline (National Geographic). With great price savings and a smaller negative ...
Alberta’s New Sturgeon Refinery: High Risk for High Reward?
After eight years in the works, a sod-turning ceremony was held September 13, 2013 to celebrate the beginning of a new project that will result in a $5.7 billion refinery in Redwater, Alberta (about 50 km north of Edmonton) (The Globe and Mail). The Sturgeon Refinery is the first large-scale refinery to be built ...
Inflammable Ice: Japan’s Next Energy Source?
Japan made headlines recently as the resource-impoverished country is considering methane hydrates as a new energy source in order to help gain independence from relying on natural gas imports. The 2011 tsunami forced most of the country’s nuclear power plants to close (add to that, the fact that the last running nuclear power reactor ...
The $100 Billion Challenge of Internal Data Security
The information management business is worth over $100 billion USD, and based on 2010 data the number was set to grow at nearly 10% a year (Economist). Clearly, data is one of the most important assets of today’s organizations. Companies rely on data to make crucial business decisions, and consistently face the issue of ...