Noah Consulting works with Power Service companies to create strategic direction and implement full life cycle solutions to optimize the information used in all forms of critical decision making and regulatory compliance.
Power Generation:
Customers, rates, weather, contracts, commercial arrangements, gross margin and production capacity are just a few of the sources from which data floods into a Power Service company. The volume is increasing daily and this deluge of data can be overwhelming, or Noah can show you how it can create significant market, customer, regulatory, and cost reduction opportunities. We understand the importance that weather, planned and unplanned outages and daily demand patterns play on your profitability. We also know that understanding the efficiency of your generation capabilities, least-cost routing options, and the swiftness of your incident response are all factors of your success. We address these issues in helping our customers effectively coordinate data in accordance with the goals of their organization and deliver accurate, timely information to support decisions. This method is applied using a combination of industry expertise, technical acumen and extensive experience in design and delivery. It is because of this balance that Noah Consulting is uniquely qualified to provide Information Management solutions to Power Service providers, bringing more to their bottom line.
Power Distribution:
A competitive advantage for many distribution companies is efficient and effective use of energy. This requires Smart Grid development to know exactly where energy needs are highest and analytics to address and respond to those needs. Noah knows what is required to capture Smart Grid data and develop information capabilities to allow for better energy management, allowing you to extract maximum dollars from your investments. We also know that marketing, customer analytics and virtual generation options can be major factors in your profitability. Noah consultants are Business Intelligence experts, and Business Intelligence is critical in providing the ability to slice and dice the marketing strategies for effectiveness and ROI, determine retention and attrition patterns, as well as identify “spinner” or high-risk customers, and to effectively unload unused capacity.
Compliance & Regulatory Control:
From emissions to finance, energy companies have been under tight scrutiny since the early days of the industry. But, recent abuses in trading and environmental concerns have placed even tighter controls and reporting requirements on energy companies and the energy industry as a whole. Regulatory agencies are requiring more and more data inputs in order to satisfy these needs. Information management and Data Governance policies and solutions have become very critical to the IT organizations in order for the business to meet these regulatory obligations. Noah understands the demands of regulatory compliance and control. We have delivered solutions to clients that proactively monitor ETRM systems for cross-trades, wash trades and market manipulation, providing real-time alerts of any suspicious activities so that regulatory inquiries can be addressed instantly with a high degree of confidence. Additionally, Noah Consulting's Business Intelligence solutions allow unstructured data, such as instant messages, emails and digitized voice recordings to be brought into the inquiry to later fully replicate any event or set of transactions in the full context of that business day.
