Data analytics for the energy industry has come into a new dimension with the partnering of Wood Mackenzie; a leading provider of commercial intelligence for the world’s natural resources sector; and Quinbrook Infrastructure Partners, data analytics and digital solutions provider.
Firstly, both companies partnered to offer the energy industry a new and enhanced Lens Power Decision intelligence platform; which is a digital solution in which data from renewable energy assets around the world id integrated across projects, technologies and markets.
Secondly, this platform allows organizations to maximize investment opportunities in clean energy. Indeed, the platform integrates conventional power, solar, wind, energy storage, and hydrogen data sets in an easy-to-use platform. Consequently, it is attractive to energy players in the financial, utility, manufacturing, and oil and gas sectors.
Thirdly, Wood Mackenzie is now collaborating with Quinbrook in the redesign of its Lens Power platform, so it would offer adopters a holistic understanding of what is happening in the world of energy.
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Integrated data analytics in one platform
Moreover, it would allow customers to analyze, screen and value assets or companies; quickly and confidently to improve profitability and minimize risk. Quinbrook will deliver its deep knowledge of low carbon and renewable energy infrastructure.
In addition, Matt Overbeck, Wood Mackenzie Senior Vice President, Head of Power and Renewables, said. “Quinbrook is widely recognized for making positive contributions towards Environmental, Social and Governance (ESG) investing; winning multiple awards for its Low Carbon Power Fund; and for its role as a value-add investment manager of clean energy infrastructure.”
On the other hand, William Blake, Senior Vice President at Quinbrook, said. “Partnering with an established global energy data analytics company like Wood Mackenzie offers us also a collaborative and responsive setting to discuss, implement, and improve the data; also, the technology and tools that aid our evaluation and monitoring of market trends and investment opportunities across the clean energy landscape.”
Finally, he remarked. “Having access to the Wood Mackenzie Lens Power platform provides us with data-driven insight critical in supporting a disciplined underwriting when allocating our investor’s capital.”