Blog & Media

This is How Energy Data Quality Drives Accuracy in Power Industry

As a recent report by the IEA shows, the global share of renewables in energy maintains a significant growth pace. Between 2019 and 2020, there was a rise from 26% to 28%. Despite this increment driven among other factors by cost competitiveness against other sources of energy, the unpredictable nature of renewables remains a serious drawback for the profitability of projects. Alternative energy is not like conventional fossil fuels that allow for absolute predictability during generation. Dependence of these sources on weather makes them volatile.

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Goldman Sachs Renewable Energy: A customer success story

Who is Goldman Sachs?

Goldman Sachs Group, Inc. is a popular and highly successful global financial institution dealing in a wide range of financial services for consumer banking, investment banking, securities and investment management. The firm has a wide range of customers in governments and private entities, as well as individual ones. With its headquarters in New York, Goldman Sachs was founded in 1869. It has offices in major cities across the globe, boasts of over 40,000 employees, and has revenue of $44.56 billion according to 2020 figures.

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The Spanish renewable auctions: newcomers, old challenges

Now that the energy auction in Spain for 2021 concluded a few weeks ago, the winners of the new capacity to be installed face the challenge of securing the expected return on the investment they are committing to. What looks good in paper will need to be executed swiftly and efficiently with little room for errors. The winning energy firms can execute the projects with the required finesse, but only if they recognize the obstacles and manage their energy portfolios leveraging modern tools.

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Aurea Capital Partners: a customer success story

The Spanish electricity market is undergoing massive reform that will promote deeper penetration of renewables. As promised by the ecological transition minister in 2018, these changes are aimed at making the electricity sector more decentralized and plural. Results are already evident in solar energy. In the first half of 2020, 780MW new solar PV capacity was added in Spain. 

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