Difference between revisions of "Group2 Proposal"
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BP plc, formerly British Petroleum, is a British multinational oil and gas company headquartered in London, England. It is the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world's twelfth-largest revenue (turnover). It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy interests in biofuels and wind power. | BP plc, formerly British Petroleum, is a British multinational oil and gas company headquartered in London, England. It is the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world's twelfth-largest revenue (turnover). It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy interests in biofuels and wind power. | ||
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For the purpose of this project, we are using the BP Statistical Review of World Energy data. | For the purpose of this project, we are using the BP Statistical Review of World Energy data. | ||
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+ | We noticed that all the existing visualizations are static in nature. We would be enhancing these to make them interactive in order to gain deeper insights.<br><br> | ||
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We plan to use the following R packages to come up with our visualizations:<br><br> | We plan to use the following R packages to come up with our visualizations:<br><br> | ||
<b>dplyr</b>: A Grammar of Data Manipulation. It is a fast, consistent tool for working with data frame like objects, both in memory and out of memory.<br><br> | <b>dplyr</b>: A Grammar of Data Manipulation. It is a fast, consistent tool for working with data frame like objects, both in memory and out of memory.<br><br> | ||
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• Shares of global Energy production/consumption<br><br> | • Shares of global Energy production/consumption<br><br> | ||
We also plan to come up with some interactive visualizations as we dig deeper into the dataset along the course of the project.<br><br> | We also plan to come up with some interactive visualizations as we dig deeper into the dataset along the course of the project.<br><br> | ||
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About BP: https://en.wikipedia.org/wiki/BP<br><br> | About BP: https://en.wikipedia.org/wiki/BP<br><br> | ||
Data Source: http://www.bp.com/statisticalreview<br><br> | Data Source: http://www.bp.com/statisticalreview<br><br> | ||
R Packages Description: https://cran.r-project.org<br><br> | R Packages Description: https://cran.r-project.org<br><br> | ||
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Revision as of 13:37, 6 August 2018
Analysis of World Energy Production & Consumption Through Interactive Visualizations
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Contents
Project Overview
Properly functioning markets for electricity, natural gas, oil and pollution allowances are essential for the rational allocation of resources and cost-effective attainment of environmental goals. Rapidly changing energy dynamics determine the course of our economic development, geopolitics, technological breakthroughs, massive investments and trade flows.With renewable energy moving from niche to mainstream, the fuel mix is shifting.
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Motivation
Energy growth drives the well-being and prosperity across the globe. Growing demand for energy has to be met in a safe and environmentally conscious manner. Rapidly changing energy dynamics determine the course of our economic development, geopolitics, technological breakthroughs, massive investments and trade flows.
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Objective
Static visualization and reports do not allow for direct interaction with data, enhanced assimilation of information, quick access to relevant insights and drill-down analysis. By using interactive, visual data analytics techniques we will be bringing the above-mentioned capabilities to the interface. |
About The Data Source
BP plc, formerly British Petroleum, is a British multinational oil and gas company headquartered in London, England. It is the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world's twelfth-largest revenue (turnover). It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy interests in biofuels and wind power.
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Critique of the Existing Visualizations
We noticed that all the existing visualizations are static in nature. We would be enhancing these to make them interactive in order to gain deeper insights. |
Visualization Deliverables and Packages Used
We plan to use the following R packages to come up with our visualizations:
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References
About BP: https://en.wikipedia.org/wiki/BP |