Accurate real-time intelligence helps maximise profitability
Today’s power generation industry is an extremely competitive environment, where precise planning plays a pivotal role in maximising profitability.
“In the past, many power stations would run for a significant amount of the year” says Damian Bunyan, CIO of Uniper. “Now, it’s not uncommon for modern power stations to run for just a couple of hundred hours a year, based on periods of peak demand. As a result, when that demand does arise it’s essential our plants are available to run.”
Fast, accurate market intelligence is key to this, providing a significant competitive advantage to those who can plan most effectively. Uniper uses Tableau to analyse a wide range of market variables in real-time, predict demand and schedule essential maintenance accordingly, meaning plants are always available when needed.
“Using Tableau, we’re able to scrape both proprietary and public data into rich visualisations and analyse everything side by side, for the most accurate intelligence possible,” says Damian. “This includes everything from historical power usage and plant maintenance logs, to weather data and publicly available market information, all of which play a key role in predicting future power needs.”
Careful planning of maintenance and availability in Tableau helps Uniper generate profits in excess of €50 million per year.
“Tableau allows us to compare data sets and monetise information around 50 percent faster than would be possible with legacy IT processes,” says Damian. “As a result, we’re better informed, better prepared, and able to capitalise on changing market conditions at incredibly short notice, which is exactly what we need to ensure the ongoing success of the business.”