Remove 2050 Remove Modeling Remove Optimization Remove Risk Management
article thumbnail

Holistic asset management for utility network companies

IBM Big Data Hub

Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. The grid itself must green to operate within the environmental, social and governance (ESG) objectives and become carbon neutral by 2050.

article thumbnail

Insurers – Be Aware of the Hidden Exposures in assessing the economic impact of Climate Risk

Cloudera

These kinds of nuanced risk assessments require comprehensive solutions. Evolving your analytics and risk models to accommodate climate change inputs and regulations beyond weather-related natural disasters is increasingly important. Insurers will have to adjust their models frequently to match local markets. .