Conventional paradigms must be broken to achieve a sustainable future
A sustainable future depends on higher-resolution data
Avoiding IT pitfalls is key to effective data management
NextEra 360™ increases data resolution to change paradigms, improving financials and sustainability
Traditional paradigms can create barriers to creative problem-solving, resulting in little to no progress on these goals. Viewing data differently can help companies shift limiting paradigms and achieve breakthroughs in their decarbonization efforts.
NextEra Analytics develops forecasting and optimization software solutions to enable low-cost, sustainable power systems. The company’s NextEra 360™ software, a comprehensive energy management platform, was originally developed for NextEra Energy Resources to achieve breakthrough sustainability outcomes. Today, NextEra 360 can be implemented to increase operational efficiency, reduce cost, and accelerate energy goals. With NextEra 360, businesses no longer have to undertake large-scale, do-everything IT projects to gain a higher-resolution view of their data.
How to Achieve a Sustainability Breakthrough by Looking at Data Differently
- Rich Argentieri, President, NextEra Analytics, Inc.
NextEra Energy Analytics recommends doing the opposite: enlarge the problem to make it more solvable. With a more expansive boundary around a tough problem, there are more insights and options — offering more opportunities to solve it. For example, to make a vehicle go faster, the answer is not necessarily to work only within the confines of what already exists and simply enlarge the engine. Instead, stepping back and viewing the larger vehicle, considering the application of materials science to lighten the weight of the body panels and/or the interior, control systems around how the engine is fired, or other options to improve speed facilitates solving the same problem in an easier, more effective way.
Solving the complex challenges of utilities and developing the grid of the future requires the same approach — instead of tackling the problems of each component. A more holistic approach will yield a more impactful result.
- Rich Argentieri, President, NextEra Analytics, Inc.
NextEra Energy Resources, the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage, uses NextEra 360 in-house to manage and optimize more than $50 billion of its own renewable assets.
Since 2020, NextEra 360 has reduced revenue/generation losses at NextEra Energy by nearly 30%.
In that same timeframe, NextEra 360 has also reduced operations and management costs by 16%.
Explore how improved data collection and analytics help a diverse array of energy infrastructure companies better predict and manage extreme grid conditions due to events such as wildfires and extreme weather, helping ensure better reliability for the grid and for large commercial and industrial customers.