Wood Mackenzie boosts its energy transition data analytics by adding Vestas as a Lens Power Development Partner
Lens decision intelligence platform pinpoints strategic investment opportunities in utility-scale renewable generation
LONDON, HOUSTON, and SINGAPORE, May 12, 2021 /PRNewswire/ -- At a time when countries and organisations around the world pledge greener economies and net-zero ambitions, the electrification of the global energy system is accelerating at an unprecedented pace. Wood Mackenzie - a leading provider of commercial intelligence for the world's natural resources sector - is developing Lens Power, a completely new capability for the market which will enable asset-specific valuations at the touch of a button.
With its analytics-ready power and renewables data, Lens Power will empower organisations to maximize investment opportunities in clean energy and be on the forefront of the energy transition.
Today, Wood Mackenzie welcomes Vestas – a leader in sustainable energy solutions – as a Development Partner for the Lens decision intelligence platform. Vestas joins a growing list of companies across utility, financial, manufacturing, and oil and gas industries partnering with Wood Mackenzie on this future offering.
Wood Mackenzie's Lens platform has helped organisations across the globe transform how they manage their investment in upstream oil and gas. Now, scaling across the natural resources value chain, Wood Mackenzie is collaborating with early adopter clients to design a power solution that provides a holistic understanding of what's happening in the world of energy, allowing organisations to quickly and confidently digest vast amounts of power data in an integrated, easy-to-use platform.
Ian Roberts, Wood Mackenzie Chief Digital and Product Officer, said: "At Wood Mackenzie, our customer-centric approach to product design is at the heart of what we do. We strive to develop solutions that match our clients' workflows, so they can make confident, data-driven decisions. We are delighted to partner with Vestas, the world's leading wind OEM* and a company with over 40 years of expertise in wind turbine technology. We are excited about the insight into decision making they will bring as leaders in sustainable energy solutions which we can apply to Lens Power."