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Energy

Palantir is enabling energy companies to build competitive advantage during a turbulent time for the industry.

From local grid operators to multinationals, energy companies are facing immediate and long term challenges:

  • An uncertain recovery and uneven demand for electricity and hydrocarbons following the disruption of Covid-19
  • Investor, consumer, and regulatory pressure to reduce greenhouse gas emissions
  • A growing need to digitize every aspect of operations, and to integrate or upgrade legacy technology investments

Experience

Over many years of work in the energy sector, we’ve helped partners optimize their operations at speed and meet complex, long term challenges like the energy transition.

Our partners use Foundry to get more out of the data they already have. The platform enables them to integrate billions of rows of data from remote sensors and apply this data to drive up the efficiency of assets, from offshore oil to onshore wind. Finally, Foundry allows them to represent their operations in a high-fidelity digital twin, connecting data and models to see the implications of decisions in real time.

A Snapshot of Our Work

A snapshot of the growing use of Foundry to make renewable power generation more efficient.

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Platform

Palantir Foundry integrates and transforms petabyte-scale data, from sensors and IoT to third-party sources and internal datasets. The platform maintains complete data lineage and enforces granular access controls to ensure data integrity and security. Once data is integrated, Foundry unlocks actions, simulations, and analysis that connect users across the enterprise. These include:

  • Data exploration tools for users of all technical abilities, from code-free big data manipulation to machine learning development
  • Custom alerts and reports for operators in the field
  • Point and click high-frequency sensor analyses tools for subject matter experts
  • Operationalized third-party and customer-built machine learning and physics-based models
  • Executive insights based on live, enterprise-wide data

Workflows

Empower Engineers

Integrate disparate data to create a complete asset view that allows engineers to see information from multiple sources live, in one place. Enable reviews, maintenance, and optimization to occur in a robust, repeatable, and scalable way. Allow analysis to happen on demand, not quarterly, to identify opportunities for performance enhancement.

Connect the Value Chain

Create a common operating picture in each business group by incorporating data and decisions on, for example, well integrity, turbine maintenance, and process engineering.

Drive Decisions Across the Organization

Expand the system to power decisions in operations, planning, transport, trading, grid maintenance, and business transition.

Create a Digital Twin to Transform the Business

Chain simulation engines to make recommendations to optimize systems across the business. Reveal the immediate and long term consequences of decisions. Dramatically improve production, maintenance, risk management, and resilience.