Save Our Environment.

IE Sustainability Datathon

Why should you participate?

Get introduced and/or continue learning about data

Gain experience and boost your CV

Network with professionals and participants

Learn from our top speakers and mentors

Join our community to build your best professional self

Win prizes

IE Sustainability Datathon is a challenge in which participants must solve a sustainability problem with the use of predictive modelling. The competition provides the practical application of Business Analytics, Data Science or Tech to solve a sustainability challenge within a real company.

IE School of Science & Technology Participants:

Master in Business Analytics & Big Data
Master in Management
Master in Digital Business & Innovation
Bachelor in Data & Business Analytics
Bachelor in Business Administration Data & Business Analytics
Bachelor in Computer Science & Artificial Intelligence
Bachelor in Computer Science & Artificial Intelligence
Bachelor in Applied Matehmatics
Bachelor in Environmental Sciences for Sustainability

SPONSOR

EDP is a global company and one of the largest players in the European energy sector, ranking as the 4th largest producer of wind energy. EDP takes pride in being a leading utility integrated into the Dow Jones Sustainability Indexes (World). Its mission is to build a new energy future by promoting renewable sources.

To achieve this, EDP has committed to:

Being 100% green by 2030;
Targeting 20 GW of renewable installed capacity by 2025;
Innovating to shape the future of the energy sector;
Empowering communities to live more sustainably.

EDP's energy strives to create a better future, fueled by people from 3 continents, 29 markets, and 44 different nationalities. EDP will harness the power of wind, sun, and water to lead the global energy transition. Together, EDP will become fully green, choosing the Earth as its guiding principle.

THE CHALLENGE

The global shift to renewable energy is essential for reducing carbon emissions, and for the ecological transition as a whole. However, it brings challenges because renewable sources like wind and solar are intermittent, i.e. you only generate energy when the sun is shining or the wind is blowing. For this reason, energy production from these sources doesn't always align with demand, leading to issues like shortages, grid instability, price swings, and even negative prices when there’s too much energy supply. Ensuring energy security and grid stability is key to a successful energy transition.

Battery Energy Storage Systems (BESS) offer a solution by storing excess renewable energy produced during times of surplus, like sunny or windy periods, and then releasing it when demand is higher, or renewable generation drops. This ability of batteries to shift energy through time makes renewable energy more reliable, prevents curtailment of renewable energy generation, avoids power shortages and reduces the need for fossil fuel backup plants.

The challenge that we propose is to produce the most precise market forecasts for the United Kingdom, so that our battery can optimize its trading strategy, maximizing the profitability while allocating renewable energy in the most efficient manner and supporting a smooth transition to a clean energy system.

ARE YOU READY TO LEAD THE ENERGY TRANSITION?

DATATHON TIMELINE

All training events will be held fully online!

September 25th, 2024

October 13th 2024

October 15th 2024

December 5th, 2024

December 11th, 2024

REGISTRATION OPENS

REGISTRATION CLOSES

WELCOME EVENT

DEADLINE TO SUBMIT THE PREDICTIVE MODEL

CLOSING EVENT, ANNOUNCEMENT OF FINALISTS, PRESENTATIONS AND AWARDS

To participate, you must submit a team of 5 - 6 members.

Attendance to the opening and closing ceremony is mandatory if you would like to participate in the competition.

Participants will have access to exclusive resources, mentoring sessions and webinars to help you build the best possible solution to the problem proposed.

All teams must submit their solution before the deadline, at 15:00 on December 5th , 2024

Finalists will have the chance to present their project to our sponsors at the Closing Event.

After the event, key findings will be published in a visioning report and shared with experts and policymakers.