The Datapred blog

Energy buyers can now seamlessly integrate PPAs into their situation reports and simulations.  

Industrial energy buyers have traditionally focused on end-of-year negotiations with utilities. But there is growing pressure from boards of directors for these buyers to be more flexible and reactive in their approach. Should buyers comply, and if so, how often should they reassess their buying or hedging strategy?

The ground-breaking AI will help energy buyers with reporting, market analysis and decision making.  

Most industrial energy buyers we talk to still use Excel for record-keeping and reporting. But with prices now fluctuating significantly and transactions becoming more complex, maintaining spreadsheets full of data is turning costly and error-prone, causing more stress for buyers and losing money for their businesses. So it seems that energy procurement, like other corporate functions long before, has finally reached the limits of Excel for reporting. We see 5 limitations that energy buyers should be aware of.  

The new module will complement the existing Markets (market analyses) and Decisions (decision support) modules of the software.  

Our solution for energy and raw material buyers can identify and quantify the drivers of energy and raw material prices. Following a client suggestion, we have recently tested whether Chinese economic activity had a measurable impact on European gas prices - the rationale being that at 10% of worldwide gas consumption, China has enough market power to move international gas prices.

Italy is the second largest market for natural gas in Europe, 39% behind Germany but 20% ahead of France.  

Price volatility is exploding, supply chains are shaking, conflicting objectives are multiplying... Energy and raw material buyers are under pressure to adapt. How can they foolproof their revised strategies?

Energy and raw material prices had been all over the place since March 2020. And now this... Buyers are truly facing unprecedented conditions.

The buyometer is an innovative new widget on Datapred's dashboard, displaying the "buying temperature" of the day (and the recent past) for your raw material or energy: Strong Buy, Buy, Wait or Strong Wait.