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.
Current and completed projects in this sector include: