|By PR Newswire||
|January 13, 2014 10:11 AM EST||
- New Reference Case reports help guide clients' power investment decisions with detailed model and forecasts of electricity markets out to 25 years
LONDON, Jan. 13, 2014 /PRNewswire/ -- Ventyx, an ABB company, today announced availability of its European Power Reference Case, semiannually updated reports detailing Ventyx's integrated market-based fundamental model of the Northwest European energy industry. The reports help clients make informed, valuable investments in electricity markets by providing unbiased data and analysis, as well as forecasts of regional prices for power, natural gas, coal, emissions allowances and renewable energy certificates (RECs).
"The electricity markets of Northwest Europe - including Britain, France, Germany, Benelux, Austria, Switzerland and Italy - continue to undergo fundamental changes to their dynamics and structure, driven by the push to reduce CO2 emissions," said Ventyx GM Energy Portfolio Management Solutions Tom O'Meara. "Using its fundamental model of European markets, Ventyx helps clients face some of the fundamental issues that will impact the markets over the coming years, such as the potential sidelining of traditional energy markets, the introduction of the Electricity Target Model to deliver a single energy market and the opportunities around flexible generating capacity."
The Ventyx European Power Reference Case provides detailed projections related to these key issues, based on more than 15 years of power sector analysis, data and forecasting by the Ventyx European Advisor team. The reports provide a comprehensive, integrated analysis of the Northwest European electricity market using Ventyx's market-based, fundamental model of power, gas, coal and environmental markets and provide forecasts out to 25 years based on consistent economic assumptions.
The in-depth analysis reveals some of the paradigm shifts and major issues facing the future European power markets, including:
- Shrinking residual demand. Changes in plant fuel mix in some countries will cause residual demand (demand less "must run" nuclear and renewables) to shrink up to 60 percent in coming years.
- A new merit order. Transmission issues during peak demand have "trapped" renewable energy in regions, leading to significant curtailment, price collapses and volatile market prices.
- "Winners" and "losers." Increasingly scarce generation opportunities will foster competition among incumbent fossil generators as renewable (wind and solar) generation displaces conventional fossil plants. "Winners" and "losers" are emerging, with the "winners" having prioritized portfolio optimization.
- Market viability. The energy market could be sidelined by low prices in wholesale markets, just as the Electricity Target Model is introduced to deliver a single energy market for Europe.
More details on these and other findings are available in a complimentary webcast, which can be viewed by clicking here. Ventyx will also be hosting a one-day workshop in London on 13 January, 2014, to provide a deeper exploration of the inputs and results of the NW Europe Market Outlook. Click here for details and to register.
The Power Reference Case report is available immediately. For more information, contact your Ventyx sales representative or email [email protected].
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.
T-Mobile has been transforming the wireless industry with its “Uncarrier” initiatives. Today as T-Mobile’s IT organization works to transform itself in a like manner, technical foundations built over the last couple of years are now key to their drive for more Agile delivery practices. In his session at DevOps Summit, Martin Krienke, Sr Development Manager at T-Mobile, will discuss where they started their Continuous Delivery journey, where they are today, and where they are going in an effort ...
May. 24, 2015 07:00 AM EDT Reads: 1,001
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization's assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In...
May. 24, 2015 07:00 AM EDT Reads: 4,278
The cloud is everywhere and growing, and with it SaaS has become an accepted means for software delivery. SaaS is more than just a technology, it is a thriving business model estimated to be worth around $53 billion dollars by 2015, according to IDC. The question is - how do you build and scale a profitable SaaS business model? In his session at 15th Cloud Expo, Jason Cumberland, Vice President, SaaS Solutions at Dimension Data, discussed the common mistakes businesses make when transitioning t...
May. 24, 2015 06:30 AM EDT Reads: 2,749
Are your Big Data initiatives resulting in Big Impact or Big Mess? In her session at Big Data Expo, Penelope Everall Gordon, Emerging Technology Strategist at 1Plug Corporation, shared her successes in improving Big Decision outcomes by building stories compelling to the target audience – and her failures when she lost sight of the plotline, distracted by the glitter of technology and the lure of buried insights. The cast of characters includes the agency head [city official? elected official?...
May. 24, 2015 06:30 AM EDT Reads: 3,153
In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect at GE, and Ibrahim Gokcen, who leads GE's advanced IoT analytics, focused on the Internet of Things / Industrial Internet and how to make it operational for business end-users. Learn about the challenges posed by machine and sensor data and how to marry it with enterprise data. They also discussed the tips and tricks to provide the Industrial Internet as an end-user consumable service using Big Data Analytics and Industrial C...
May. 24, 2015 06:30 AM EDT Reads: 5,402
Big Data is amazing, it's life changing and yes it is changing how we see our world. Big Data, however, can sometimes be too big. Organizations that are not amassing massive amounts of information and feeding into their decision buckets, smaller data that feeds in from customer buying patterns, buying decisions and buying influences can be more useful when used in the right way. In their session at Big Data Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positi...
May. 24, 2015 06:30 AM EDT Reads: 2,303
Storage administrators find themselves walking a line between meeting employees’ demands to use public cloud storage services, and their organizations’ need to store information on-premises for security, performance, cost and compliance reasons. However, as file sharing protocols like CIFS and NFS continue to lose their relevance, simply relying only on a NAS-based environment creates inefficiencies that hurt productivity and the bottom line. IT wants to implement cloud storage it can purchase a...
May. 24, 2015 06:30 AM EDT Reads: 2,679
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developmen...
May. 24, 2015 06:00 AM EDT Reads: 2,073
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
May. 24, 2015 06:00 AM EDT Reads: 3,727
The move to the cloud brings a number of new security challenges, but the application remains your last line of defense. In his session at 15th Cloud Expo, Arthur Hicken, Evangelist at Parasoft, discussed how developers are extremely well-poised to perform tasks critical for securing the application – provided that certain key obstacles are overcome. Arthur Hicken has been involved in automating various practices at Parasoft for almost 20 years. He has worked on projects including database dev...
May. 24, 2015 06:00 AM EDT Reads: 2,623
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
May. 24, 2015 05:45 AM EDT Reads: 6,289
“Oh, dev is dev and ops is ops, and never the twain shall meet.” With apoloies to Rudyard Kipling and all of his fans, this describes the early state of the two sides of DevOps. Yet the DevOps approach is demanded by cloud computing, as the speed, flexibility, and scalability in today's so-called “Third Platform” must not be hindered by the traditional limitations of software development and deployment. A recent report by Gartner, for example, says that 25% of Global 2000 companies will b...
May. 24, 2015 05:45 AM EDT Reads: 2,653
JFrog on Thursday announced that it has added Docker support to Bintray, its distribution-as-a-service (DaaS) platform. When combined with JFrog’s Artifactory binary repository management system, organizations can now manage Docker images with an end-to-end solution that supports all technologies. The new version of Bintray allows organizations to create an unlimited number of private Docker repositories, and through the use of fast Akamai content delivery networks (CDNs), it decreases the dow...
May. 24, 2015 05:30 AM EDT Reads: 3,162
More organizations are embracing DevOps to realize compelling business benefits such as more frequent feature releases, increased application stability, and more productive resource utilization. However, security and compliance monitoring tools have not kept up and often represent the single largest remaining hurdle to continuous delivery. In their session at DevOps Summit, Justin Criswell, Senior Sales Engineer at Alert Logic, Ricardo Lupo, a Solution Architect with Chef, will discuss how to ...
May. 24, 2015 05:15 AM EDT Reads: 2,963
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, includin...
May. 24, 2015 05:00 AM EDT Reads: 4,178