We developed comprehensive Power BI dashboards for the executive team of a leading energy-generating company with nearly a century of history. The project focused on delivering real-time insights into key energy metrics and market analysis, helping improve decision-making and integrating innovative solutions into their traditional production processes.
Innovative Solutions for Power Generation Leaders
A major player in the energy sector, this company is committed to sustainable practices and follows stringent policies focused on environmental protection and stakeholder engagement. By actively reducing emissions, waste, and resource consumption, they integrate preventive actions and encourage employee involvement. Formerly one of the largest power stations in the 1990s, the company remains a key contributor to the industry, continuously evolving its operations with a focus on sustainability and efficiency.
Energy Sector Challenges and
Strategic Business Intelligence Solutions
Strategic Business Intelligence Solutions
DonbasEnergo needed advanced analytics to manage its diverse operations effectively. The challenge was to create custom Power BI dashboards that could provide real-time insights into energy metrics, market conditions, fuel usage, and financial performance. The goal was to enable leadership to make data-driven decisions based on comprehensive data analysis. Additionally, they needed a solution to determine the actual cost of energy production quickly and accurately, which was previously delayed by two months.
Our team developed several Power BI solutions:
Energy Metrics Dashboard: Provided a comprehensive view of performance by combining key energy indicators. Scrapers were built to track market data, enabling strategy alignment with current market trends. This helped the company optimize its operations through data-driven insights.
Market Segment Analysis: Displayed sales volume, tariffs, and market segment data, showing the company’s alignment with different segments. The dashboard helped identify the most profitable segments and adjust pricing strategies accordingly.
Fuel Analytics Dashboard: Monitored fuel consumption, procurement, and storage capacity, tracking fuel oil, coal, and other fuel types. By analyzing fuel dynamics, the company could better manage inventory and reduce operational costs.
P&L Dashboard: Analyzed profit and loss, comparing actual results to plans, budgets, and forecasts. This included insights into tariffs, margins, and net profitability, empowering the company to make swift, strategic decisions based on real-time data.
To support market data analysis, we created a parser and developed a new database, allowing for real-time cost estimates to replace forecasted costs. Previously, the actual cost of energy production was only available after a two-month delay; our solution provided immediate access, enabling more agile decision-making.
Given the complexity of their operations, we established a transit database for Power BI analytics. This involved designing a system that could process data from their transactional system and ensure timely and accurate data visualization. This transit database served as an intermediary, guaranteeing that the analytics were both accurate and efficient.
Demo Cash Flow Dashboard:
Business Intelligence Outcomes: Enhanced Efficiency and Real-Time Insights
- Significant reduction in manual processes and improved accuracy in financial reporting.
- Daily updated analytics providing real-time visibility into energy metrics, market conditions, and fuel usage.
- The ability to see real-time cost estimates and replace them with actual costs as soon as they are available, significantly reducing the time lag from two months to real-time.
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Looking to transform your business with Power BI solutions and interactive analytics? Contact Cobit Solutions today to discover how our data-driven insights and comprehensive business intelligence solutions can boost your operational efficiency. We specialize in delivering real-time insights tailored to your needs. Let’s schedule a consultation to explore how our expertise in Power BI consulting can help streamline your processes and drive informed decision-making.
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