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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog


Analyze Your Views On Energy and Powering The Future

j0442754 150x150 Analyze Your Views On Energy and Powering The FutureAnalytics doesn’t have to be all work and no play — you can have some fun with your business intelligence in Energyville.  This easy-to-use simulation, unveiled in 2007 by Chevron and The Economist Group, lets you select the combination of power sources and shows you the impact of energy security, prices, environmental effect and the long-term strategy needed to reach estimated consumption levels of 2015 and 2030

You’re in charge, deciding which enterprises are powered by wind, solar, nuclear, coal or other power.  The analytics and math are done for you, and it’s easy to see how much power is available today, versus the growing need both for your city and the competition for resources.

And some of the analytics lessons learned are helping Chevron with energy efficiency — not just additional production.  The company says it has reduced energy use in its global operations by 28 percent since the early 1990s.  Former Chevron vice chairman Peter Robinson said it might seem unusual that a company which earns money from sales of energy and consumption should want to convince customers to use less.  But efficiency can be a far better option than simply finding new sources of consumable power.  Instead of consuming more and reducing prices of energy, he notes,  carbon emissions can be cut and use of existing resources improved.

David Wallace
Spotfire Blogging Team

Image Credit: Microsoft Office Clip Art

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