Every day, each of us is affected by the energy around us. Solar, wind, geothermal, water, coal—energy matters.
Here at The Spry Group, we make it our mission to understand the effects of energy on companies and the environment at large. That’s why we’re incredibly excited to be working on this year’s New York Energy Week (NYEW).
What happens at NYEW?
No matter what your views on energy, we’re all using it. That’s why it’s important for industry experts to get together and share their knowledge. Finding smart, efficient, and environmentally friendly ways to harvest the energy around us helps us power our world safer, faster, and cleaner. And things are only getting better.
Innovative methods of thinking are emerging in the field of energy data analysis. We see it everyday in our work. But we also know we’re just scratching the surface.
We’re eager to learn and share as NYEW brings the industry to our backyard. And we can’t wait to be part of the conversation.
New York, new energy, new innovation
New York City has always been a catalyst for innovation and entrepreneurship. Silicon Alley is stacked with some of the world’s brightest minds and top talent. They’re developing unprecedented energy technologies that are causing paradigm shifts in the market by improving reliability, increasing efficiency, lowering costs, and maximizing control. Some of the the leaders in this movement include Agrilyst, Voyage Control, Voltaiq, 475, Opus One Solutions, and Rentricity.
Energy drives the marketplace. Fluctuations in the price of electricity or fuel affects the price of food. When oil is more expensive, wheat is more expensive. When wheat is more expensive, beef is more expensive. And when the cost of production goes up, it’s up to the entrepreneur to find a better way forward.
We’ve spent a lot of time playing with the data to understand how the price of energy affects our daily lives. We see a growing opportunity for data-derived insights that will assist decision-makers with capital planning, operators with running their equipment more efficiently, and innovators create game-changing strategies to redefine the energy marketplace.
The promising energy data we’ve seen so far
The energy industry isn’t just about producing energy—it’s also about storage, distribution and utilization. Fortunately, we’ve helped some of the top companies in the country save capital through data-driven approaches:
We worked with CoClear to break down the manufacturing supply chain at Nike and Ben and Jerry’s Ice Cream. By integrating carbon account software, we helped CoClear to perform carbon life-cycle analysis and accounting for the carbon output of every link in the chain, helping their clients understand both their carbon footprint and their costs.
We’ve helped large electric utilities budget how much to spend to operate turbines more efficiently. They were able to minimize costs and maximize the effectiveness of their capital investments.
We helped Tri-State Biodiesel, a leading biofuels manufacturer, turn restaurant waste oil into fuel for trucking fleets. By optimizing their web presence and internal software, we helped streamline their ability to schedule, track, and refine the waste oil.
We’re happy that our work has helped make our air, water, and earth just a little bit cleaner. With continued improvements in cleantech, we won’t have to sacrifice progress in order to care for our environment.
Smarter energy for the future
It’s entirely possible to get more energy while causing less pollution. Cleaner energy sources like solar, wind, geothermal and tidal energy are already powering homes across the globe. Waste heat from power plants is fed into combined cycle plants to get even more electricity. Right now, ambient energy is being harvested from wasted energy, like Wi-Fi, radio signals, and suspension vibrations in cars. And this is only the beginning.
We see a massive opportunity here for how powerful data analysis software can supplement these powerful innovations in hardware. We can’t wait to learn about what’s happening in the industry and to solve the energy problems that plague so many businesses. NYEW brings vitality to New York’s tech startup ecosystem, and we are proud to be a part of that.