Advanced technology tools support today's oil and gas industry, and one of the most important is energy modeling.
Energy modeling is the process of generating computer calculations that provide consumption predictions about structures. Essentially, it's a simulation that forecasts how much energy a given building, factory, or home will require throughout its lifetime. Things like lighting, heating, gas consumption, and air conditioning are all factored into models.
Data models consider several aspects of a structure, including:
How Does Energy Modeling Help Businesses?
If brought on at the start of a construction project, an energy modeling service can help save commercial development projects lots of money.
Unfortunately, most businesses currently use an energy modeling service to verify documents to prove compliance with governmental standards and green certifications. However, models are much more useful. For example, they can help developers:
Ultimately, energy models minimize risk and save companies money. While the initial input may be an investment, models typically pay for themselves within months and save money after the break-even point.
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Emily Clarke is providing info about a single platform for your oil and gas software solutions. You can find her thoughts at gas trading software blog.