“Previously, technology was the bottleneck – business teams had to wait on lengthy development cycles and competing IT priorities before solutions reached production. With Databricks, business teams can build what we need ourselves, removing the dependency on specialist technology resources and allowing our business to move at the speed of the market.” - Chirag Shah, Trading Data & Systems Leader, EnergyAustralia
EnergyAustralia operates in one of the world’s fastest-moving wholesale energy markets, where electricity settles every five minutes and prices can shift dramatically with demand and renewable generation. Databricks is helping the company modernize its Trading data foundation so teams can bring together settlement data, battery telemetry and generation inputs, then build, test and deploy pricing and forecasting solutions more quickly.
Key highlights:
- 6x more settlement data after moving from 30-minute to five-minute settlements.
- 75% improvement in time to deliver a major initiative.
- Daily to hourly pricing-curve refreshes, giving teams more current inputs for commercial decisions.
- Business-led model development: More than three-quarters of the wholesale pricing team began contributing to full model development within three months.
- Self-service applications and analytics: Teams build SQL, Python, user-facing applications and dashboards with Databricks Apps, Genie and Unity Catalog.
- Greater cost transparency: EnergyAustralia can monitor platform usage down to the lab, workload and query, helping teams connect optimization with performance.
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