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HAKOM Sees Rising Importance of Data Management in the Energy and Commodity Industry

Data management is becoming an increasingly critical topic in the energy and commodity sectors. But is this solely due to the integration of AI applications into business processes? How... continue reading

Renewable Energy Transition: Opportunities, Challenges, and Costs

Flexibility in Renewable Energy Systems: A Crucial Challenge for the Energy Transition Flexibility in power systems based on renewable energy has become a critical issue in the energy transition.... continue reading

TOPAZ: Sophisticated real-time multi-commodity risk management

The demand for external risk systems, alongside the risk management capabilities of CTRMs, is growing steadily. There are several reasons for this trend. First, real-time capabilities have become increasingly... continue reading

ComTech Advisory announces a market study of AI technologies in energy business

ComTech Advisory is excited to announce the launch of new market research focused on data management and AI in the energy sector. This new study follows our recently published... continue reading

Nuclear Energy and AI: How hyperscale tech companies are shaping the power landscape

Recently, I came across several articles discussing the growing demand from hyperscale tech companies like Google, Amazon, and Meta for reliable, low-carbon, 24/7 electricity to power their data centers,... continue reading

AI in the energy business: hype or reliable future technology?

AI has become the key technology of our time, sparking debate among experts and policymakers about its potential benefits and risks. With the widespread availability of tools like ChatGPT,... continue reading

Virtual Power Plants in Europe: An In-Depth Look at Market Growth and Software Ecosystems

The concept of a Virtual Power Plant (VPP) is not new. Historically, it referred to power generation facilities that, while consisting of multiple production units, could be valued as... continue reading

ComTech launches the first survey focused on energy transition technology

As part of its energy transition technologies practice, ComTech is undertaking an important research project into the VPP. A part of this research is a survey that we would... continue reading

Companies are optimistic about the future of BESS trading business

The role of batteries in the modern energy system cannot be overstated. Their technical qualities make them perfect for providing ancillary services and ensuring network stability. When traded on... continue reading

FIS sees momentum for Market Data Analyzer – Energy Edition

Data management is increasingly critical for energy and commodities companies as the datasets they must handle are expanding rapidly. Recently, I engaged in a discussion with Harshad Kolpyakwar, Head... continue reading

Does AI development threaten climate goals with its power demand?

Modern technology sometimes has unexpected impacts on the climate goals. For example, recent articles in the Financial Times make us aware that power demand growth in the US leads... continue reading

Reality check: Hydrogen’s role in the decarbonized economy.

I used to think about hydrogen as a game-changing fuel that could significantly decarbonize the economy and I was somewhat disappointed reading the recent article in the Financial Times... continue reading

Does the clean energy transition push ETRM systems towards more data management?

When looking back at the history of ETRM systems since the inception of power markets, we can see two different paths that vendor companies have pursued. One path involved... continue reading

How large is the European market for VPP related software?

The European energy system is undergoing a revolutionary shift from fossil fuels to renewable energy sources. However, the primary challenge facing energy systems with a significant proportion of wind... continue reading

ComTech Launches Energy Transition Technologies Practice…

Yesterday, we posted an all new CTRMRadio podcast in which we made a few announcements. Importantly and excitingly, we announced our new practice area – Energy Transition Technologies (ETT).... continue reading

Virtual Power Plants (VPPs)

It’s not a new concept but the details are complex and intriguing. If technical issues are solved VPPs could be a significant, even game changing factor in the energy... continue reading

Spirit of the clean energy transition at E-World 2024

E-World has always been the main event of the year for the energy software business. For over two decades, I have been participating in this event, representing leading software... continue reading

How smartEn is supporting Energy Transition Technologies.

smartEn – Smart Energy Europe  (https://smarten.eu/)  serves as the premier European Business Association driving the integration of consumer-driven solutions within the clean energy transition. The organization provides valuable support... continue reading

Will VPPs become a mandatory component of clean energy systems?

Recent developments in the European energy system indicate a significant decrease in coal- and gas-based power generation and a concomitant increase in renewable energy sources. This aligns closely with... continue reading

Fusebox is confident in the future of VPP – as – a – Service.

What is VPP, and why will it have a significant impact on software products for the energy industry? One of the broadest definitions states that a Virtual Power Plant... continue reading

CyberGrid is on the forefront of the transition to clean energy.

As an Austrian resident, I am particularly delighted to discuss CyberGrid, an Austrian company at the forefront of energy transition technologies. The shift towards clean energy technologies is closely... continue reading