Vivaera Case Analysis By Ravish Roshan,DelhiPresentation Transcript
STUDENT- PGDM INSTITUTE OF MANAGEMENT STUDIES, NOIDA
Prepared by –
RAVISH ROSHAN (firstname.lastname@example.org),9968009808
(mail ur comments, please)
Do you want to take advantage of new
opportunity in the gas market
Viavera is ideal partner
………… .Network operator Lattice and German multi-utility RWE have teamed up to offer a service to traders, gas shippers and network owners seeking to shift gas around Europe. The two companies spend 6 million pound on a joint venture named Viavera. RWE had 60 per cent share ...
Products of the viavera
Gas properties transmitter.
Live pipeline intervention.
Shared flue inspection.
Tight-fit pipe lining system.
SUCESSFUL PROJECTS OF VIAVERA
Sample project (I): entry-exit systems for gas network utilisation
The creation and organisation of entry-exit systems is intended to ensure greater simplification and transparency of network utilisation in the gas market. As part of a consulting project, they developed an entry-exit third party access model together with a network operator, taking into account the legal specifications and regulations valid at the time. Existing model approaches were integrated into the consulting process as well
Sample project (II): process simulation for cost-effective supply in third party networks
As part of a simulation project, they identified, implemented and optimised a customer’s processes necessary for the supplying of portfolios in third party networks. Using realistic simulations, it was possible to test all processes before encountering the risks involved in an actual delivery.
Sample project (III): supply cost optimisation through diverse gas suppliers and active portfolio management
Various approaches can be taken in the diversifying and optimising of gas supplies. Antitrust law dictates that the traditional supplier should be granted a duty-free allowance of 20%. The existing demands of the company and the contractual restrictions of the supplier can be analysed and evaluated to see whether or not this is actually possible. These findings and the analysis of the procurement portfolio were implemented to develop approaches for optimising contract specifications.
Sample project (IV): optimisation and further development of short-term forecasts
Due to the optimised procurement and restrictive flexibility regulations within various third party access regimes, more and more companies must depend on a reliable sales forecast for their supply area. The aim of this project was to further increase the quality of those forecasts. Necessary steps to achieve this goal included the analysis of input data, optimisation of the forecast method and model maintenance all the way to evaluation of the forecast results.
Forecaster- predict your future energy demand
Forecaster is a software product to predict future energy demand for transmission & distribution of gas supply/trading companies.
Forecaster supports a wide range of modelling techniques that can be configured to generate highly accurate short, medium and longer term demand forecasts.
The models in forecaster capture the knowledge gained from over 30 years of forecasting in the UK gas market.
Forecaster, coupled with Advantica’s modeling services can significantly reduce demand forecast errors, helping to improve decision making and business profitablity.
Increased efficiency through automation of key tasks
Improved demand forecast accuracy
Reduced business risk and efficiency
Enhanced training for viavera’s forecasting team
Introduction of hourly day ahead weather forecasts to improve hourly demand forecasts
Company should not play only a third party role but also a main role.