This week, Adam is joined by Robyn Lucas, Director of Data Science and Research at Modo Energy. Modo offers a platform to deliver data and analytics for the grid-scale battery market and has a huge focus on improving access to information in the energy sector.

Adam and Robyn zoom in on the UK energy sector and the real-world challenges of data science, analytics, and modelling for this market. Robyn outlines the issues with data quality and the fact that, in this space, the future does not necessarily reflect the past. They dig into how regulatory and policy decisions affect the industry and why it is essential to maintain stability through any changes to ensure ongoing financial investment.

They share their perspectives on future trends, particularly in relation to energy storage, and touch on demand-side responses for domestic users. Robyn goes on to emphasise the importance of delivering simplified, explainable insights for industry stakeholders as it moves towards net-zero.

During their conversation, Adam and Robyn cover:

• Data quality issues that make modelling a particular challenge
• Bringing more data science talent into the industry
• The importance of stability in the sector for investment
• Energy market reforms in the UK and their impact
• Maintaining precision in data models without sacrificing usability

The weekly Hypercube podcast sits down with leaders in the energy and utilities sectors to explore how data analytics can help businesses make smarter decisions and accelerate business growth.

If you enjoyed the episode with Robyn, go back and listen to our previous episode with Modo Energy CEO Quentin Scrimshire for more on how the company is focused on increasing the visibility of information within the sector.

Chapter Markers

[0:50] Robyn gives an overview of Modo Energy and her background in the energy storage sector.

[3:30] Robyn and Adam discuss the challenges of data science in the energy sector and the difficulties of building accurate models in the sector.

[5:18] Robyn touches on the difficulties of finding and developing talent for data science roles in the energy industry and offers advice for students and those looking to get into the sector.

[8:07] Robyn unpacks the key takeaways from the second consultation of REMA and the considerations around pricing structure changes

[11:37] Here, the pair discuss the need for a stable investment environment and certainty around regulation to secure the finance needed for the green transition.

[14:01] Robyn discusses the UK's CFD reforms and how they can be used to incentivise positive behaviours within the sector.

[16:55] Adam and Robyn talk through changes to the capacity market and the progress that is needed to support net-zero goals.

[20:27] Robyn predicts an increased demand for storage and flexibility in the future UK energy system, driven by wind and solar.

[24:07] Robyn gives a breakdown of Modo's work and the different levels of focus on the areas of insights, modelling, and product development

[28:37] Balancing a full and accurate reflection of the complexity of the industry with accessibility and usability when building models.

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If you want to explore how data and artificial intelligence can be used to help your organisation make smarter decisions and accelerate business growth, get in touch by visiting the Hypercube website: https://wearehypercube.com/