Mr. Hanno Schoklitsch, Founder and CEO of Kaiserwetter Energy Asset Management, presented the critical role of Big Data for a clean energy transition at the Development Policy Seminar held on 23 March 2017 in New York. Mr. Schoklitsch discussed the fundamental characteristics of the ‘Internet of Things’ and how Big Data analytics can be used to process large data sets in uncovering hidden patterns and other useful information. Against the backdrop of the rising need for investment in facilitating clean energy transformation, the ability to stream real-time energy-related data from all continents is crucial. It allows one to address the inadequacy of information about energy markets and local circumstances of countries that is required for informing clean energy investment decisions. In this light, Mr. Schoklitsch presented Aristoteles, an energy portfolio data and analytics platform that serves to operate and manage renewable energy solutions.
Following Mr. Schoklitsch’s presentation, Ms. Joanna Felix of the Development Policy and Analysis Division presented a geo-spatial data modelling tool for national and regional multi-technology electrification, developed by the United Nations Department of Economic and Social Affairs, which identifies the combination of technologies that can provide universal access to electricity at the lowest cost.
After the presentations, participants from multiple UN entities engaged with the presenters in further discussions on the coverage and sources of energy-related data, options of making such data accessible to the public, and possibilities of combining the results from the geo-spatial data modelling tool and energy-related Big Data analytics in supporting sustainable energy for all.