Lavastorm Customer Sweco to Present the Value of Predictive Analytics on Analyzing EU’s New Network Tariffs at the Demand Response World Forum 2015
Magnus Lindén to Discuss How Lavastorm’s Self-Service Data
Preparation and Advanced Analytics Tools Enabled Powerful Insights into
Exploring Alternative Energy Consumption
Lavastorm,
a leading data preparation and advanced analytics company, today
announced that the company’s customer Magnus Lindén of Sweco will be
speaking on the value of predictive modeling at the Demand Response
Forum as part as the big data sessions entitled, 「Leveraging DR/DER Big
Data Analytics for Improved Performance and Efficiencies.」 The
conference will be held from October 6-8, 2015 and will focus on the
changing regulatory environment in the utilities market and how those
are driving new requirements for network resiliency, flexibility, and
power quality.
Speaking Track Information:
What: Session Title, 「Using Analytics in Designing and Evaluating
New Network Tariffs」
Driven by the European Union's 20-20-20-goals and enabled by modern
measurement equipment, distribution grid tariffs are facing
modernization. Most utilities have been looking at tariff structure
alternatives to the traditional energy consumption approach. Different
types of peak-power tariffs are commonly explored.
This presentation discusses the results of a Swedish project in which
Big Data analytics were used to evaluate different tariff structures
based on real consumption measurement data. This makes it possible to
revise tariff structures to influence adoption of green technology and
smooth the daily demand curve and ensure greater profitability through
the trend toward distributed power generation, photovoltaics, and
electric vehicles. This analysis can be made annually, monthly, daily or
even hourly, and it can be made with regard to the whole network,
specific substations or specific customers. By extension this also
allows the possibility to identify customer groups that will be highly
affected by a tariff structure change and therefore will need thorough
information about the change. The project also simulates how a possible
change of tariff structure will affect customers' behavior.
Who: Magnus Lindén, Senior Consultant, Energy Markets
Group of Sweco Energuide.
Mr. Lindén has over 17 years' experience
of the liberalized Nordic electricity market. Before joining Sweco,
Magnus was a partner at EME Analys. His areas of expertise include
advising larger electricity customers on their electricity procurement
strategy, regulation surrounding metering and settlement, energy
statistics, market design and renewable energy issues. Magnus has taken
part in several investigations commissioned by different stakeholders
including regulators, the Swedish government and private commercial
companies.
When: Thursday, October 8, 2015 at 9:00 a.m. PT
Where: Hilton Orange County, Costa Mesa, CA
About the Conference: The 2nd
Annual Demand Response World Forum will bring together professionals
from around the world to explore the latest auto-DR technologies and
strategies for meeting the changing energy landscape of the 21st
Century. Technology innovators and business leaders will meet for three
days to discuss the evolving role of ADR in enabling an integrated and
flexible network that is responsive to a wide range of energy resources,
marketplace entities, and customer energy demand and generation.
See how Lavastorm makes it easy for customers like Sweco to accelerate
business insights by visiting: http://www.lavastorm.com/resources/case-studies/
Interested in learning more about solving today’s big data issues? Be
sure to visit Lavastorm Analytics』 resource library: http://www.lavastorm.com/resources/overview/
Find us on social media: @Lavastorm, LinkedIn,
and Google+
About Lavastorm
Lavastorm
accelerates and automates self-service data preparation and advanced
analytics for the enterprise. Our software makes it easy to blend
complex data from multiple sources to empower technical and
non-technical users to quickly build governed analytic applications, as
well as harness our robust predictive analytics capabilities.
Lavastorm’s intuitive data flows, collaboration tools and extensive
pre-built libraries enable our customers to deliver the fastest, most
accurate insights to the business. The company’s proven technology is
used by thousands of analysts at leading global companies to solve their
complex, data-driven problems where speed and accuracy are
mission-critical to maintain competitive advantage. Lavastorm is
headquartered in Boston, MA, with offices throughout the world. For more
information, please visit: http://www.lavastorm.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150930005414/en/
Lavastorm Analytics
Lisa Rivero, 617-948-6245
Sr. Director of
Communications
Press@lavastorm.com
Copyright Business Wire 2015Business WireSeptember 30, 2015 - 7:59 AM EDTNews by QuoteMediawww.quotemedia.com
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