More than 1.8 trillion gigabytes of information was created in 2011, and the amount is expected to grow by a factor of 50 before 2020 (IDC Digital Universe Study). The cost to organizations of storing this information is projected to increase from US$379.9 million in 2011 to nearly US$6 billion in 2016 (IDC). With the […]
With such an abundance of raw data in the financial, energy, and commodities industries, there’s still one piece of the data collection puzzle that often gets overlooked – data integrity. Data integrity is something everybody needs, but can be difficult to define, let alone achieve. Problems Companies Face By the very nature of the industry, […]
We recently held one of our “Data in Action” webinars, alongside one of ZE’s newest data partners, Tullett Prebon Information (TPI), and we highlighted curve blending using U.S. East PJM and Mid-Columbia (Mid-C) power pricing as market data examples. TPI is a leading provider of independent and impartial real-time price information across the global Over-The-Counter […]
Businesses are swamped with an information overload. The ability to meet the ongoing and ever-changing business data requirements is not an easy task. The market data world seems to have no end and continues to expand exponentially. In North America, the majority of companies in the energy and commodities industry seem to have been struck […]
Our development team here at ZE PowerGroup Inc. has been hard at work pushing out some major upgrades to our award-winning data management software solution, the ZEMA Suite. These upgrades add more functionality to our already powerful suite and add a new level of usability. Recent launches include Market Analyzer, Curve Manager, Curve Portal, and […]
A common challenge experienced by many market participants is the effort it takes to manage different contract lengths for the same commodity when building forward curves. Forward curves, a series of sequential prices either for future delivery of an asset or expected future settlements of an index (Platts), trade on a daily, weekly, monthly, quarterly […]
It’s 67 years today that India gained its independence from British Rule. In that time India has seen its population increase threefold, while its economy has risen to ninth strongest in the world. In terms of energy India is the fourth largest consumer after the U.S., Russia and China, having seen its commercial primary energy […]
If you pay for your electricity, why should you also have to pay for the cost of running the power plant that generates it? This may be the question on the minds of many household consumers who typically are concerned with uninterrupted power supply with minimum monthly electricity bills. However, the efficiency and productivity of […]
Electricity generation in sub-Saharan Africa is for the most part acutely unreliable. Despite being endowed with fossil and renewable energy resources vast enough to cover all of its energy needs, the rate of electrification is lower than in any other region in the world. Having visited a few countries in eastern and southern Africa myself, […]
One of the greatest challenges in any competitive market revolves around the ability of an organization to adapt to a changing environment. The insurance industry is no exception. Even the established players, considered to be recession-proof on account of their conservative, risk-adverse policies and formidable customer base, are finding themselves challenged on multiple levels. Mature […]