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Energy industry 2021 predictions

OpenText Information Management

2020 sent shock waves across oil and gas, utilities and mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. Mining companies, meanwhile, are … The post Energy industry 2021 predictions appeared first on OpenText Blogs.

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The advantages and disadvantages of renewable energy

IBM Big Data Hub

New developments in renewable energy are making headlines and inspiring hope in communities worldwide, from a remote Arctic village working to harness solar and wind power under challenging conditions to a U.S. Air Force base planning an advanced, utility-scale geothermal power system. Let’s take a look at both.

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Digital twins reimagined at scale for energy and resources 

OpenText Information Management

1 The ratio between man and machine All industries use machines, yet the energy and resources sector including utilities , oil and gas , chemicals , and metals & mining industries is the most capital intensive. trillion of annual capital investment is made in the energy industry today and by some estimates will grow to $9.2

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Supply chain visibility in the energy and utilities industry

IBM Big Data Hub

For the energy and utilities industry (E&U), time is not on their side. Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases. Visibility.

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The different types of renewable energy 

IBM Big Data Hub

Renewable energy , also known as clean energy, is produced from natural resources that are generated and replenished faster than they are consumed—such as the sun, water and wind. Most renewable energy sources produce zero carbon emissions and minimal air pollutants.

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Information reimagined for the energy industry 

OpenText Information Management

The energy industry as we know it is changing. 1 This massive growth in population will bring with it increased energy demands – and it is only one generation away! 1 This massive growth in population will bring with it increased energy demands – and it is only one generation away! The energy industry has never moved this fast.

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Improve safety using root cause analysis and strengthening information management

OpenText Information Management

The energy and resources sector including utilities, oil and gas, chemicals, and metals & mining is one of the most hazardous in the world. Utilizing information management technologies and best practices can help continuously improve upon and eliminate these root causes for safer operations.