Energy
The focus on more sustainable energy is noticeable in the entire energy industry. At the same time, changing consumer demand, digitalization, and changing regulations add extra complexity to the sector. We guide and support energy organizations in data-driven decision-making and use innovative mathematics tools to help them deliver the energy needs of today and tomorrow.
Making decisions in a complex and uncertain world
The energy industry is characterized by shifting market dynamics, intertwined supply chains, long investment timelines and high levels of uncertainty. This makes the energy industry a highly complex world. At the same time, the energy industry often has access to a lot of data that can support decision making in this complexity.
ORTEC can help you navigate this complexity, use available data for daily operational challenges, and long-term strategic decisions. Together we can tackle topics such as selecting optimal locations for worldwide assets, making efficient investment and maintenance plans, and reducing kilometers driven and emissions from existing supply chains.
Optimizing your supply chain
Energy supply chains are highly complex. The professionals who run them face challenging questions every day. These questions are on different levels: from strategic to operational. Some questions on strategic level: How will closing a refinery impact supply? Is acquiring part of our competitors’ network a sound business decision? Can we decommission a tank completely and still meet downstream demand at our service stations or is it better to replace it? Without the right tools, answering these questions is difficult to say the least.
In the dynamic operational environment of downstream energy distribution in Fuels, LPG/Propane, LNG, and Hydrogen, punctuality, reliability and customer focus are paramount. Businesses need to meet rising customer expectations and customer loyalty is increasingly difficult to retain. All the while, safety regulations are becoming stricter. How can planners balance the trade-offs between timely deliveries, transportation costs, and balanced drop sizes. How can the workload be evenly distributed? How can they effectively adapt the plan when unexpected events occur on the road? Smart decisions can be made using real-time data. Optimal decisions are derived by looking holistically at forecasting, planning and execution.
ORTEC offers an integrated solution for replenishment and distribution that incorporates real-time feedback and yield and sourcing management. Using state-of-the-art mathematics and machine learning, you can drive continuous optimization at different levels of your supply chain and build truly data-driven logistics.
Learn more about downstream distribution for Fuels →
Learn more about downstream distribution for LPG/Propane →
Accelerating the energy transition
The world needs to speed up its transition to renewable energy if we want to meet the goals set out in the Paris agreement. We know we need to move from resources like oil and gas toward sustainable choices like wind, solar and hydrogen, but there is still a lot of uncertainty as to what the future energy system will look like. What role is solar going to play? Should we invest in hydrogen, given the uncertainty of what the market demand will be? And when we build new assets, how do we make optimal design choices? These are often long-term choices that need to be made under high uncertainty, leading to a lot of complexity. And if it gets complicated, we at ORTEC get happy. By navigating this uncertain world together with our customers, we take care of a future that is both sustainable and financially healthy.
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Karin Griffioen - Global Industry Leader Energy
"The energy transition is one of the biggest challenges of our generation. I believe we are uniquely positioned at ORTEC to help make it happen: our data-driven solutions provide companies with the insights they need to make a real impact."