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HARNESSING DATA ANALYTICS FOR SUSTAINABLE BUSINESS GROWTH IN THE U.S. RENEWABLE ENERGY SECTOR
The U.S. renewable energy sector is at the forefront of addressing global environmental challenges, with a growing emphasis on sustainability and clean energy alternatives. This review explores the pivotal role of data analytics in fostering sustainable business growth within this dynamic industry. As renewable energy sources continue to gain prominence, leveraging data analytics becomes imperative for companies aiming to optimize operations, enhance efficiency, and contribute to long-term ecological objectives. Data analytics serves as a powerful tool for harnessing insights from vast and complex datasets generated by renewable energy systems. This review delves into the ways in which organizations can extract actionable intelligence from data, enabling informed decision-making and strategic planning. From predictive maintenance of renewable infrastructure to real-time monitoring of energy production, data analytics empowers businesses to streamline processes and mitigate operational risks. Furthermore, the review sheds light on the role of data analytics in promoting innovation and research within the U.S. renewable energy sector. By analyzing patterns, trends, and historical data, organizations can identify areas for technological advancements, thereby accelerating the development of cutting-edge solutions. This proactive approach not only contributes to sustainable business growth but also positions the sector as a driver of innovation in the broader landscape of clean energy technologies. The review also highlights the challenges and opportunities associated with the integration of data analytics in the renewable energy domain, considering factors such as data security, regulatory compliance, and the need for skilled professionals. The synthesis of data-driven insights with sustainability objectives not only enhances the competitiveness of businesses in the U.S. renewable energy sector but also aligns them with global efforts to address climate change and achieve a more sustainable energy future. Keywords: ...
HARNESSING DATA ANALYTICS FOR SUSTAINABLE BUSINESS GROWTH IN THE U.S. RENEWABLE ENERGY SECTOR
The U.S. renewable energy sector is at the forefront of addressing global environmental challenges, with a growing emphasis on sustainability and clean energy alternatives. This review explores the pivotal role of data analytics in fostering sustainable business growth within this dynamic industry. As renewable energy sources continue to gain prominence, leveraging data analytics becomes imperative for companies aiming to optimize operations, enhance efficiency, and contribute to long-term ecological objectives. Data analytics serves as a powerful tool for harnessing insights from vast and complex datasets generated by renewable energy systems. This review delves into the ways in which organizations can extract actionable intelligence from data, enabling informed decision-making and strategic planning. From predictive maintenance of renewable infrastructure to real-time monitoring of energy production, data analytics empowers businesses to streamline processes and mitigate operational risks. Furthermore, the review sheds light on the role of data analytics in promoting innovation and research within the U.S. renewable energy sector. By analyzing patterns, trends, and historical data, organizations can identify areas for technological advancements, thereby accelerating the development of cutting-edge solutions. This proactive approach not only contributes to sustainable business growth but also positions the sector as a driver of innovation in the broader landscape of clean energy technologies. The review also highlights the challenges and opportunities associated with the integration of data analytics in the renewable energy domain, considering factors such as data security, regulatory compliance, and the need for skilled professionals. The synthesis of data-driven insights with sustainability objectives not only enhances the competitiveness of businesses in the U.S. renewable energy sector but also aligns them with global efforts to address climate change and achieve a more sustainable energy future. Keywords: ...
HARNESSING DATA ANALYTICS FOR SUSTAINABLE BUSINESS GROWTH IN THE U.S. RENEWABLE ENERGY SECTOR
Akoh Atadoga (author) / Kehinde Feranmi Awonuga (author) / Chidera Victoria Ibeh (author) / Chinedu Ugochukwu Ike (author) / Kehinde Andrew Olu-lawal (author) / Favour Oluwadamilare Usman (author)
2024-02-17
doi:10.51594/estj.v5i2.806
Engineering Science & Technology Journal; Vol. 5 No. 2 (2024); 460-470 ; 2708-8952 ; 2708-8944
Article (Journal)
Electronic Resource
English
DDC:
690
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