Capital Energy
Renewable Energy
Automatic extraction tool for key fields in Official Bulletin, both national and regional/municipal
In the dynamic renewable energy sector, the ability to anticipate and quickly adapt to market changes is essential to stay relevant. In this context, the need for updated and detailed information on the progress, development, and commissioning of wind and photovoltaic parks has become essential.
Facing this scenario, companies are challenged to constantly monitor the evolution of the competition and the progress in bureaucratic procedures, crucial aspects to remain competitive.
Geographical location and the power of each plant, among other relevant factors, emerge as key data in strategic decision-making, making a difference in efficiency and competitiveness in the fast-paced world of renewable energy.
Challenge
Capital Energy faces a key challenge on its path to growth and consolidation in the renewable energy sector: the timely acquisition and analysis of crucial information contained in official bulletin.
These documents are vital to maintaining competitiveness and staying informed about industry developments, as they contain fundamental details about the status and progress of wind and photovoltaic parks, as well as information on bureaucratic procedures and the activities of other industry players.
However, accessing this information is not easy. The bulletin are known for their unstructured format and the inherent complexity of navigation, making the extraction of relevant data a tedious process that consumes a significant amount of time for teams and often incorporates errors due to, among other things, the lack of national standardization.
This challenge means that Capital Energy must invest significant resources in manually reviewing these documents to extract the valuable information required to make informed strategic decisions and stay ahead in the dynamic renewable energy market. Efficiency and effectiveness in this process are fundamental for Capital Energy to correctly analyze the energy landscape and adapt its strategies in a timely and effective manner.
Solution
Foqum has developed a tool that has provided Capital Energy with the ability to overcome the challenges of extracting and analyzing critical data in the energy sector.
Our tool processes daily information from all wind and photovoltaic parks in Spain, automatically extracting multiple key fields from official bulletin (national, regional, and municipal) such as name and power, coordinates, company, municipality, park type, previous administrative status (Ready2Build), and more. This facilitates quick and reliable access to the most relevant data for Capital Energy, strengthening its ability to make informed decisions and stay ahead in the competitive renewable energy market.
The adoption of this solution by Capital Energy has resulted in a significant improvement in operational efficiency and the capacity for strategic and relevant decision-making.
