Utility professionals: If you work on the market side, you'll want to tap this new tool
Quick Take: I recently shared a great resource for those of you involved in customer engagement and education. But why should customers be the only ones with helpful tools? If you work on the market side, you'll want to take advantage of a web site created by ABB subsidiary Ventyx. It's quite extensive, it's well organized and it's updated regularly. - Jesse Berst
New Ventyx Energy Market Intelligence Website Offers Online Access to Select Industry Analysis
Ventyx energy advisors analyze the latest news and industry trends to reveal market opportunities and challenges facing North American energy companies
ATLANTAâ€" Ventyx, an ABB company, announced the launch of a new online resource for energy and utility industry stakeholders. The new website offers access to key market insights that provide a deeper understanding of the impact current and future trends have on energy markets in North America.
The Energy Markets Intelligence online publication features regular updates and analysis by Ventyx energy advisors and analysts, whose expertise has been built over decades of tracking and analyzing trends and events in the market. Based on tested market models and investment-grade data, these insights offer an expert view of the effects of tightening regulations, resource constraints, market volatility and environmental pressures on the North American energy market. The site also offers analysis of short-term impacts on energy prices resulting from weather, outages, fuel prices, energy demand and other market conditions.
"Keeping up with trends in the energy marketâ€"and more so understanding their impactâ€"requires tremendous effort: gathering data, wading through reports, filtering information and making sense of it all,” said Tom O’Meara, general manager for the Ventyx Energy Portfolio Management business line. "Beyond a simple news feed, the Energy Market Intelligence site is an online publication that will help market participants stay current with the dynamic North American energy market. For investors to employees to consumers, we are providing valuable insights into current and future market trends.”
The site is based on the in-depth data and analysis that Ventyx provides as part of its comprehensive Energy Market Intelligence solution to more than 200 clients in North America, including 19 of the top 20 US generators and retail providers, 13 of the top 15 wind developers, 8 of the top 10 coal producers and all seven US independent system operators. The Ventyx Energy Markets Intelligence website is available today and can be found at http://intelligence.ventyx.com/.
Ventyx, an ABB company, is a world-leading supplier of Industrial Enterprise Software for essential industries such as energy, mining and public infrastructure. Ventyx solutions bridge the gap between information technologies (IT) and operational technologies (OT), enabling clients to make faster, better-informed decisions in both daily operations and long-term planning strategies. Some of the world’s largest organizations rely on Ventyx solutions to minimize risk, enhance operational and financial performance, and execute the right strategies for the future. For more details, see www.ventyx.com.
Jesse Berst is the founder and Chief Analyst of SGN and Chairman of the Smart Cities Council, an industry coalition.