Energy data analysis Cathy Dwyer. Abundance of Data sources for projects/case studies  Energy Information Agency - US, part of Department of Energy Energy.

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Presentation transcript:

Energy data analysis Cathy Dwyer

Abundance of Data sources for projects/case studies  Energy Information Agency - US, part of Department of Energy Energy Information Agency  This week in petroleum – weekly report on gas prices and availability going back to 1980 This week in petroleum  Energy report by country Energy report by country  Renewable and alternative fuel Renewable and alternative fuel  Analysis of crude oil potential in Alaska National Wildlife Refuge Analysis of crude oil potential  International Energy Agency - Inter-government agency based in Paris, France, some older data sets available for free download International Energy Agency  European Union Energy Statistics European Union Energy Statistics  WTRG Economics – OPEC, crude oil, natural gas, analysis, forecasts, and data WTRG Economics  World Resources Institute World Resources Institute  British Petroleum’s Report on World Energy British Petroleum’s Report on World Energy 2AMCIS Sustainability Workshop

Data Visualization Example AMCIS Sustainability Workshop3 EIA Energy Flow Diagram

Data visualization examples cont. AMCIS Sustainability Workshop4  Many environmental analyses are data driven, and present data graphically: “Western Water Crisis”Western Water Crisis  Interactive Oil Import Simulation using data from , from Rocky Mountain Institute Interactive Oil Import Simulation  World oil consumption World oil consumption

Sustainability topics connect to other domains AMCIS Sustainability Workshop5  Business strategy – Goldman Sachs SUSTAIN report describes metrics for sustainability leaders by industry and its impact on long term profitabilitySUSTAIN  Supply chain – consideration of supply chain important in calculations of carbon footprint (see Matthews et al. 2008)Matthews et al  Ethics – can conduct ethical analysis of Sustainability and Sustainability policiesethical analysis of Sustainability  Biology – lots of Google Earth projects related to Environment, Habitat, Water Conservation and Energy UseGoogle Earth projects  How do all these connect to Information Systems? Technology is key enabler of comprehension of sustainability issues, and enabler of communication of these issues (esp. for any data- driven analyses)

Sustainability assignments and projects AMCIS Sustainability Workshop6  These examples have been used in Introduction to Computing class (up to three times)Introduction to Computing  Data Analysis: US Oil Production vs. Consumption Data Analysis: US Oil Production vs. Consumption  Automotive Fuel Efficiency Analysis Automotive Fuel Efficiency Analysis  Assessing Impact of Higher MPG: CAFÉ Standards and Oil Imports Assessing Impact of Higher MPG: CAFÉ Standards and Oil Imports  Determining Production Patterns: Peak Oil Analysis Determining Production Patterns: Peak Oil Analysis  Analysis of future trends in energy production and consumption – in class 2 person team exercise 1) instructions 2) Spreadsheet forecast datainstructionsSpreadsheet forecast data

Other assignments and projects AMCIS Sustainability Workshop7  Water sustainability in Las Vegas (Lake Mead) – in class group discussion and ethical analysis Water sustainability  Reading and online discussion: The Inevitable Peaking of World Oil Production The Inevitable Peaking of World Oil Production  1) Who is the author of this week's assigned readings? What is his background? What are his qualifications on this topic? What organization published this report? What type of work does this organization do?  2) What is meant by 'peaking?' What is the difference between peaking versus 'running out of oil?'  3) The paper talks about a liquid fuels crisis. What does that mean? What industries are vulnerable to a liquid fuels crisis?  HTML Group Project on Alternative Energy HTML Group Project on Alternative Energy  Google earth and web site group project Google earth and web site group project

Plans for the future AMCIS Sustainability Workshop8  New assignment for this semester:  Topic: the role of hedging and speculators in the energy markethedging and speculators  Business learning community: Use weekly gas price data to create price trend analysis assignment. Class will divide into two groups and will negotiate as suppliers and consumers of fuel, the goal will be to agree to one year fuel supply and price based on selected year (range is from ), then will use the next year’s data to ‘test’ the quality of their bids and contractsweekly gas price data  More links at