Simplify your energy decision making with real-time insights

Arcus Power and Snowflake partnership integrates different data sources, improves data availability, and supports complex queries

Energy companies now have more ways to collect Key Performance Indicators than ever before. One downside is these enterprises feel overwhelmed by the volume of data generated and have trouble leveraging it.

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Arcus Power’s Nrgstream product, which has aggregated one of North America’s largest and most comprehensive power market data repositories, and Snowflake, whose cloud-based data platform provides seamless access to information, joined forces to address the problem. Arcus Power on Snowflake empowers energy executives to find and analyze key datasets and improve business processes quickly.
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Hosting the Arcus data repository within Snowflake benefits end users as well as the team supporting an energy company’s technology infrastructure.
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Energy professionals now are empowered to build larger, more complex queries and glean new insights into their operations. Also, these companies do not have to worry about the infrastructure but instead takes advantage of Snowflake’s scalability, power, and reliability. Let’s examine what each company brings to the partnership.
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Based on two decades plus of work, Arcus accesses more than 330,000 real-time power market data streams and over 8 billion rows of power market data to deliver high-impact analytics to energy industry employees. The SaaS solution features a customizable platform for streaming historic and real-time energy market data.
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The solution’s predictive cost management tools dynamically optimize demand response, energy pricing, and coincident peaks with operations. Also, its decision support tools support environmental and sustainability mandates and feature dynamic tracking and forecasting of the grid and onsite emissions.
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Snowflake Extends Arcus Capabilities

Combining Arcus and Snowflake benefits energy companies in numerous ways.
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Real-Time Data Access

A problem with the recent data deluge is individuals are not certain that the information they examine is current.  Arcus Power on Snowflake refreshes automatically, so users examine the latest market conditions. They know that their data is current and delivers timely analysis.
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Simple and Clean Data Discovery

The system is expanded exploration with custom applications built with StreamLit, Performance information is presented in clean schemas, intuitive, reliable, organized, up-to-date power reports.

Consequently, users easily find the exact datasets needed for analysis. They drill down into large datasets and uncover additional information that proves to be valuable in decision-making.

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Simplify Integration and Streamline Report Generation

Arcus’ APIs and connectors simplify data integration. By hosting Arcus Power’s data on Snowflake, customers seamlessly combine it with their existing data sets and workflows.

They connect Arcus Power data with other Snowflake-licensed workflows and data to create customized data analyses that meet their unique business needs.

Advanced SQL and Python capabilities and the ability to build custom aggregated queries in Snowflake empower analysts and traders to quickly refine data and obtain actionable insights without heavy reliance on internal IT infrastructure.
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Increase Scalability

Data queries from simple correlations to examining billions of rows of structured and time-series energy data. The solution enables them to fine tune their reporting.

Extend Analytics Without Impacting Performance

As the energy landscape evolves, more complexity arises. They analyze billions of rows in seconds without straining their IT infrastructure.
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Reduce System Maintenance

Collecting, consolidating, and cleansing data is often a cumbersome undertaking. With Snowflake, energy companies provide users with secure and immediate access to updated power market datasets without taking on the process of managing traditional ETL (Extract, Transform, Load) processes.
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Optimize Performance

Snowflake’s compute engine efficiently handles complex queries on large datasets, reducing latency and ensuring timely insights crucial for energy trading and asset optimization.

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Lower Infrastructure Costs

Snowflake features a pay-as-you-go model, so enterprises only pay for the infrastructure services that they use. This model means they no longer provision for worst case scenarios and reduce their infrastructure costs.

Customize Data Handling

Enterprises gain more querying options. Build and run your own queries within Snowflake to filter and prepare data before further analysis. Querying can now be done in mere seconds.

A Secure and Compliant Platform

Snowflake’s robust security framework ensures that power market data and any integrated datasets remain protected and compliant with industry regulations
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How Arcus on Snowflake Impacts Energy Corporations?

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As a result of the improvements, energy executives gain clean schemas with aggregated query capability and datasets arranged in logical views and organized in categories. These capabilities support a number of important use cases, such as;

1. Real-Time Energy Trading

Traders leverage Arcus Power’s real-time power market data within Snowflake to dynamically adjust their bidding strategies. They perform rapid queries on recent and historical market conditions and gain immediate insights to inform buying, selling and hedging decisions.

2. Predictive Analytics and Forecasting

Analysts employ Snowflake’s scalable computing capabilities to run advanced machine learning models on Arcus Power’s vast historical datasets. This feature delivers accurate load forecasting, price forecasting, and risk assessments essential for operational planning.

3. Asset Performance Management

Operators and data modelers integrate Arcus Power’s data with internal asset performance data to enrich their datasets. This combination supports complex analyses that help them optimize asset dispatch strategies and maintenance schedules, maximizing asset performance.

4. Custom Visualization

Utilities and energy developers build custom data warehouses in Snowflake that include both Arcus Power’s datasets and their own internal data.

Subsequently, they rapidly develop dashboards and interactive visualizations using tools, like Streamlit, within Snowflake’s ecosystem and deliver information in simpler ways, improving decision-making across all departments.

5. Ensure Regulatory Compliance

Organizations often need to report energy usage or emissions to various regulatory agencies. Arcus Power streamlines the reporting processes, ensuring that such submissions are accurate, timely, and easily aggregated. This integration is the next stage in our cohesive solution. Stay tuned.
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6. Improve Asset Performance

Energy companies recognize how well they infrastructure is performing and make changes to maximize energy generation and distribution efficiency.

7. Reduce Energy Use

Energy companies streamline the gathering of real time and historic market data. Trends emerge illustrating ways to improve energy delivery as well as steps customers can take to reduce their energy usage.
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8. Better Monitor Energy Demand

Predictive cost management tools enable them to dynamically optimize demand response, price avoidance and coincident mitigation strategies. Companies set energy prices more effectively. They anticipate and respond to highs and lows proactively and not reactively.
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9. Lower Carbon Emissions

Cost decision support tools for environmental and sustainability mandates, utilize dynamic tracking and forecasting of the grid and onsite emissions.

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The Arcus Power and Snowflake Difference

Arcus Power’s integration with Snowflake creates a powerful, cloud-based solution tailored for power market stakeholders seeking high-quality, real-time analytics. End users, analysts, traders, data modelers, and asset managers seamlessly access, query, and analyze vast datasets containing billions of rows in real-time.

Ultimately, Arcus Power on Snowflake enables users to make faster, more informed decisions, enhance operational efficiency, and optimize energy market strategies through a unified, scalable, and secure data platform.

Check out the Press release here for more information.