DNV

At a Glance

Industry

Energy or Utility

Project Types

Data Analysis, Sustainability and Energy Management Strategy

Year

2024

Location

Medford, MA

Summary

DNV is dedicated to driving a decarbonized and sustainable future. DNV generates the confidential Energy Blueprint: Sales Strategies report for subscribing clients, which synthesizes survey responses from energy brokers, suppliers, and end-use customers to identify critical service areas and key success factors in competitive energy management strategy. DNV enlisted EDF Fellow Adwait Bhave to collect data and spot patterns using data science, uncovering critical insights into the complex dynamics of competitive energy markets. His work focused on enhancing the research report through data-driven insights.

Goals

At DNV, Adwait worked on three projects that covered the data lifecycle in the energy domain. The goal of the sales strategies project was to understand and enhance the rigorous processes of data collection and analysis, specifically within the competitive energy market. The challenge was to navigate the complexities of these markets, involving multiple stakeholders with diverse concerns. Adwait developed a big-picture understanding of how these markets operate, while also figuring out how to apply his technical and AI skills to contribute effectively to DNV's research efforts.

Solutions

At DNV, Adwait's primary focus was on enhancing the Energy Blueprint: Sales Strategies Report. He tackled the challenge of understanding competitive energy markets by critically evaluating past surveys, expanding their scope with fresh insights, and refining questions to capture high-quality data. He collaborated with industry leaders at DNV to ensure effective survey design which is crucial for uncovering market dynamics. In parallel, he developed a policy repository to streamline data management, leveraging Microsoft tools for efficient document storage and retrieval. This project highlighted the importance of smart data organization in energy policy. Additionally, he explored AI's potential in enhancing productivity by creating a prompt guide for generating knowledge artifacts from public policy documents, emphasizing the role of AI in improving operational efficiency. These projects, unified by the theme of data-driven decision-making, contributed to DNV's mission of driving a decarbonized, sustainable future.

Potential Impact

Adwait's contributions during the DNV fellowship will enhance the effectiveness of the Energy Blueprint: Sales Strategies Report. The refined survey design will generate high-quality data, providing actionable insights for smarter competitive energy strategies. The policy repository will streamline the management of critical energy documents, improving retrieval time and collaboration. Additionally, the AI tools will boost consultant productivity by automating routine tasks, allowing more focus on strategic initiatives. These efforts support DNV's mission of advancing a decarbonized, sustainable energy future.

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