The Top 5 Things to Know About Energy Data

Companies, organizations and governments face increasing environmental and economic challenges. The pressure to improve corpo- rate profits and energy sustainability has forward-thinking companies turn- ing to energy management as a strategic source of cost reduction, profit margin, and cash flow improvements, not to mention regulatory compliance.

Energy is the third-largest budget item for most U.S. companies and it represents $1 trillion of the nation’s gross domestic product*. Like any ma- jor expense, energy usage must be understood before it can be reduced. That’s why collecting accurate, complete and timely energy data has be- come the critical first step to identify energy cost and carbon emissions reduction opportunities.

Accessing energy data from hundreds or thousands of utilities is a daunting task because there are no data standards. Utilities all speak different languages; they have disparate data formats, tariffs, taxes, semantics, etc.

Tapping in to Big Energy Data can help your organization make smarter, more profitable and eco-friendly decisions, but there are a few things to know before you get started.

In this tutorial, we‘ll discuss 5 things you should know about Big Energy Data including:

1. Big Energy Data is fundamental to understanding energy usage
2. Energy data is becoming a strategic asset
3. Manual energy data collection is expensive
4. Data challenges can impede success
5. Technology automates Big Energy Data collection

Be sure to follow Urjanet on Twitter and LinkedIn for the latest trends in #bigdata and #energy.

Related Resources:

• 4 Objectives of Effective Energy Data Analysis
• The Practical Guide to Transforming Energy Data into Better Buildings
• Webinar: What Happens When Good Energy Data Goes Bad?

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