Simulation of flows in reservoirs is used extensively by industry in the
management of oil fields. The costs of exploration are reduced when more
information about the structure of the earth can be extracted by sophisticated
analysis of limited seismic data. Condition monitoring is critical and
improvements in the prediction of failures reduce the cost and inefficiency
of excessive backup measures. The energy market is becoming increasingly
complex through privatisation and the provision of renewable energy sources;
weather forecasting is an important factor in the prediction of both demand and
supply of energy and utilities. The use of
end-to-end forecasting methods aids business decision making by projecting
the impact of weather forecasting uncertainties into the end-use domain.
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Current and completed projects in this sector include: