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Big data-linked fuel price prediction system development
2015
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Establishment of “Fuel price prediction system linked with big data”_ Korea East-West Power (the first case in domestic public corporation)
2015.03~2015.06
Accumulate information related to fuel procurement and systematic management of internal and external variables
Utilizing accumulated fuel-related information Market analysis, price prediction, and purchase decision-making support
Decision-making on the optimal purchase of bituminous coal, reduction of fuel costs Strengthening the ability to respond to volatility in the fuel market