In our previous article (read here), I have to admit, I went on a little bit of a rant. 10 months straight working from home can make you a little cranky. My main thesis was that there has been an unfortunate trend in renewables to produce and market software that, to put it so bluntly, doesn’t actually do anything useful. As a result, organizations have prioritized accumulating software with lots of marketing promises and buzzwords over truly adopting software that actually works. In reddit-speak, it’s akin to YOLOing and buying 10,000 Dogecoins instead of one tried and true share of Tesla**
Fun? Definitely. Strategy for success? Probably not.*
*Disclaimer: Author owned interest in $12.84 of Dogecoin at the time this article was written*
So what types of products should your organization be buying? Well in renewables, we’re in the business of chasing electrons. Any software product should enable your business units to 1) predict, 2) account for, or 3) recover electrons in the most efficient, easy way possible for the end users. While this seems trivial, efficient purchasing and adoption of software within an organization often is hindered by emotional and political decision making processes. Lack of communication and coordination often results in different business units within the same organization to pursue overlapping, interdependent software solutions without even knowing it. Ultimately, this results in a company’s software portfolio being overloaded in one sector as opposed to being evenly balanced and diversified.
Conversely, putting all your faith in one product to do everything is just as dangerous. No single product can do everything. In fact, most can only do 2-3 things really well. Don’t buy the hype of the “be all end all” solution. Make strategic investments in the 2-3 areas that truly save your employees time and your organization money. (We’ll discuss these options thoroughly in the next article in the context of renewable operations).
In addition to over- or under-diversification of software, organizations often are prone to emotional fallacies when choosing between software solutions (just like in real investing). Unfortunately, software is often purchased (or not purchased) because one of the following fallacies:
- The FOMO fallacy (fear of missing out)
“Well I know company A uses that software, so we probably should be too.”
2. The Revenge Buy fallacy.
“This software sucks. We need a new solution”
It should be noted that the “revenge buy” is often seen in organizations which have typically over-accumulated software because of the FOMO fallacy. In fact, the two fallacies often take long lunch breaks together, and spend their time on internet message boards discussing how to best wreak havoc on the industry. The end result is a gamma-squeeze scenario where the amount of software purchases within an organization skyrockets, while the ultimate value they provide plummets. I have diagrammed this process below.
Hmm...this sounds eerily similar to our stock market after all.
Finally, my last and favorite fallacy:
3. The “IT sucks” fallacy
“Well this product looks awesome, but I know IT will never support it. They suck”
Let’s face it: It’s ALWAYS IT’s fault…. always. Even when organizations want to pursue a software solution based on reason and due diligence, it’s often too burdensome and depressing to even try and involve IT in the process (I hear they can be real Debbie Downer’s). Unfortunately, this is a bridge you have to cross sooner rather than later. Involve IT early and often to ensure that they feel appreciated and involved. Make sure they know you’re doing this for a good reason, and not just to give them more work. If you’re an IT professional reading this, I apologize. Please don’t leave any angry comments in the comment section.
In conclusion, investing in software is no different from investing in stocks. Treat your data like an asset, and don’t overexpose it to low-value, high risk junk.
Now excuse me, I have some GameStop shares to buy. I hear they're back under $50 a share. What a deal!
by Bradley Johnson, Lead Solution Architect, Bazefield
Trianel Onshore Windkraftwerke GmbH & Co. KG (TOW) have contracted Bazefield as Asset Management Software for currently 37 wind and 15 solar sites in Germany with a total capacity for 601 MW onshore, which is currently under their operation for the Trianel Network. The system shall support digitization of their operations and asset management. The system shall be fully rolled out within Q4 this year.
In our previous articles and video series, we covered the challenges organizations face during the implementation of operations management software, and the problems caused by improper data integration. Too often, organizations get wooed by fancy marketing, reports, and data visualizations, and fail to focus on the foundational issue behind it all: the robustness and methodology behind data integration. If you don’t start with integrating the correct data from the correct sources, your reports will never be right. That being said, let’s say you’ve solved the data integration problem (or you’ve just bought Bazefield, and you’re going to let us fix it for you).
Bazefield have been helping their clients reducing CO2 emissions equivalent to more than a million-ton through increased efficiency of their renewable generation’s plants. Bazefield have now taken it upon themselves to commit 100% to a net-zero emission future. In addition to Bazefields already remarkable 98 % green renewable energy supply, Bazefields HQ's entire roof will be covered with solar panels that will produce an estimated 64,000 KWh a year. This output will power Bazefields servers, charge employees’ electric cars and much more.
Oak Creek Energy (OCES) has been developing renewable energy projects since 1982. Based in San Diego, CA and with presence in USA, Mexico and Colombia, OCES and its subsidiary companies offer comprehensive guidance and solutions, including Development, Construction and Asset Management services for renewable energy projects.
Implementing new software can be as easy as downloading an app on your phone. What gives with Enterprise Software? Why does it seem like great software ideas die on the vine or get underutilized?
Of course, its easy to toss one of these diagrams up and call it a day. Have a solid product, know how to get the data you need to make it work. Maybe a couple of nice bubbles steps you need to go through before its saving your company millions if not billions, right?
Asset Manager: My report’s wrong, can you fix it please?
Engineer: I see we missed a lot of data this month. IT, what is going on?
IT : Auto-Reply: I’ll be out of the office until further notice. Please
submit a ticket or call one of my 12 immediate managers for
Asset Manager: For the love of God, can someone just quickly pull the data for me.
This report is due to our investors by Friday.
Engineer: Sure, let me just…. ,.
SELECT * FROM
Some_ideal_clean_and_pristine.table_that_you_think_exists WHERE Data = Good
Seriously. The next article I open with some PhD turned business developer telling me how “next generation AI can optimize my operations,” I’m going to throw my keyboard across the room.. In fact, I’m going to instantly down vote any renewables article whose title contains one or more of the following phrases:
New gold standard solar monitoring and analytics offering and ground-breaking 2nd level SCADA solution for SSE Renewables
The gold standard for solar are helping our clients increase overall profitability of their renewable assets - Bazefield is closing in on 40 GW of installed solar and wind capacity with record breaking sales of our new gold standard solar monitoring and analytics solution to leading firms such as EDF Renewables, BayWa r.e., Excelsior Energy Capital, and others. In addition, Bazefield has reached agreement to provide second level SCADA solutions for SSE’s 4.7 GW portfolio of onshore and offshore wind assets.
Due to the Covid-19 pandemic, this year's annual user forum, BazeCamp, will be held virtually. Nevertheless we expect an all-time high with respect to the number of attending delegates. In lieu of getting together physically, this year’s BazeCamp user forum will feature a variety of highly topical webinars, solution demonstrations, and downloadable content, that Bazefield customers will be able to access easily from wherever they may be physically located.
SSE Renewables awarded Bazefield the second level SCADA contract for their 4.7 GW wind power portfolio sites. The contract includes control room solution for their current 57 on- and offshore wind farms and 4670 MW capacity. The system will support monitoring and control capabilities from their OT environment. Furthermore all users in the IT environment are going to use the system for visualizations, performance analytics, reporting and more.
Bazefield continued its strong growth across the wind and solar industries in 2019, onboarding notable clients including SSE Renewables, Akuo Energy, SprngEnergy and several others. The market-leading product, Bazefield, now monitors 30 GW of assets across 25 countries in Europe, North America, South America and India. See more up to date news and read about some of our disclosed clients.
Bazefield, the market leading renewable monitoring and analytics platform, with off-the-shelf support for wind power, solar, hydro, biomass, battery storage and other renewable technology sources, enhances its solar capabilities by embedding the gold standard EnSight, machine learning based solar advanced analytics package, into Bazefield as one single platform.
SSE Renewables have contracted Bazefield for control room solution for 21 onshore wind farms and 690 MW total installed capacity. The system shall support reset and restart of the turbines, including operator support based on predominant alarm detection. It is a prioritized, fast track project that will be operation by the end of Q1.
“Bazefield’s overall product approach, customer service and ability to integrate and easily access both turbine and substation data were key factors for choosing Bazefield as our Renewable Energy Operational data platform ”, says Regina Sweet, Director of Asset Management at Akuo.
"We are excited that Akuo has selected our system to support the important work in getting renewable energy assets to reach their full potential. We look forward to a long term and successful relationship" says Peter Hansen, Managing Director at Bazefield Americas.
Bazefield have had a very strong growth in the wind and solar domain. The market-leading product, Bazefield, currently manages 25 GW on installations across 23 countries. This includes sites in Europe, North- and South America and Asia.
The system is in use by a range of notable clients such as EDF Luminus, ReNew, Brookfield Renewables, ConEdison, Equinor, within a range of others clients. Bazefield is the state-of-the-art product when digitalizing renewable energy O&M.
3E and Bazefield have collaborated with ReNew Power for digitalizing O&M for ReNew's 4,100 MW utility scale wind and solar energy portfolio.
Bazefield entered the very prosperous Indian renewable energy market in 2018.
Bazefield has contracted notable EDF Luminus for implementing Bazefield as their new Wind Monitoring Tool for their for their 64-site wind power portfolio.
EDF Luminus is a major player in the Belgian market.
Adding Portland General Electric (PGE) into the Bazefield system, strengthening our position in the North America market. The contract with PGE is for Biglow Canyon and Tucannon River wind farms for a combined capacity of 717 MW. “We have added a lot of investment and efforts into the North American market with our new office in San Diego, and the Portland General Electric contract is important to secure our US position and growth”, says Peter Hansen, Head of Bazefield Americas.
3E and Bazefield is jointly delivering an operations management system to Luxemburg utility Enovos’ portfolio of more than 300 MW of wind, solar, hydro and biogas.
n order to streamline its operations, Enovos has tendered a software solution that allows performance optimization and reporting, document and contract management, integration in direct market and financial reporting processes. Bazefield and 3E has been selected as the most comprehensive software platform to provide this functionality for the 4 different renewable energy technologies under asset management.
René Jost, CEO of Enovos, says, “This is the best software solution on the market to meet up to our high requirements for integration. The support of the experts of 3E and Bazefield will allow us to integrate our business processes for optimized asset operation.”
Adding the 402 MW Dudgeon Offshore Wind Farm in UK, Equinor now manage more than 700 MW offshore wind power in Bazefield
By already supporting the 317 MW large Sheringham Shoal Offshore Wind Farm and the Hywind floating turbine projects in Equinor, their portfolio of wind power managed in Bazefield now peaks over 700 MW offshore wind power with the added Dudgeon project.
Supporting other large offshore wind clients in UK, Germany, Netherlands and Belgium, more than 2,5 GW offshore wind power are managed in the Bazefield operations management system.
Portland General Electric adds 717 MW into the Bazefield system, securing Bazefield a strong position in the North America market. The contract with PGE is for Biglow Canyon and Tucannon River wind farms.
Besides the strong availability and performance analytics Apps in Bazefield, the powerful data engine in the system is a big data platform itself. With full data transparency, use of open interface standards, combined with the Software Development Kit (SDK) supporting open Application Programing Interfaces (APIs), a wide range of options for utilizing advanced analytics tools and in-memory big data analytics is supported. Our partners and clients have utilized a range of such advanced analytics and big data tools with Bazefield.
Bazefield will also start offering build in advanced wind farm analytics fully integrated with Bazefield as the big data platform. Contact us for more information around support for advanced analytics and in-memory big data analytics.
With Bazefield’ s growth in the North American market, it has become crucial to open an US entity to support and drive new growth says Bazefield CEO Sigurd Juvik, it has all along been part of the company’s global growth strategy to open up a US based office once we have customers onboard to support.
With the robustness and scalability of the Bazefield platform, we recognize strong product fit for the North American market, which in general include larger facilities and portfolios. We are offering an all-inclusive service to the North America market with turn-key delivery and a choice between an in-house installations or cloud services, which includes all project services, software operations, maintenance and 24/7 support.