Explore how data is leveraged in the wholesale energy markets through this 23-minute conference talk from the Data Science Festival. Gain insights into EDF Wholesale Market Services' role as the intermediary between energy generation and customer supply. Discover the importance of data optimization in forecasting renewable energy production and consumer demand patterns. Learn about the modernization of legacy data systems, the development of serverless real-time trading applications, and the utilization of data science for energy forecasting. Understand how these data-driven approaches contribute to balancing the energy grid, minimizing costs for customers, and maximizing value for storage providers in the current energy landscape.
How We Use Data to Better Position Ourselves in the Wholesale Energy Markets
Data Science Festival via YouTube
Overview
Syllabus
How we use Data to Better Position Ourselves in the Wholesale Energy Markets
Taught by
Data Science Festival