Collaborative Design Project grants instant access to vital gas pipeline insights
Energy Transfer, a prominent leader in the energy sector, and HData, an innovative RegTech company, announced a new Collaborative Design Project to add new regulatory data to Energy Transfer’s market-leading business intelligence tools. Since their collaboration in March 2022, Energy Transfer and HData have worked together to reshape energy data management, and this new iteration will further support clients in gaining crucial insights on gas pipelines.
Recognized for its profound industry expertise, Energy Transfer delivers groundbreaking solutions that power global energy needs. The company's unwavering dedication to providing reliable, sustainable, and efficient energy solutions has driven its pioneering initiatives and constant advancement within the energy landscape. With a commitment to excellence and an acute awareness of evolving industry demands, Energy Transfer continues to shape the energy landscape through its expansive network and innovative approaches.
The Energy Transfer Regulatory Affairs team has deployed the HData platform with active HData users integrated across offices, saving valuable time on data analysis and creating customizable models, regional and national comparisons, and interactive visualizations derived from Federal Energy Regulatory Commission (FERC) and Energy Information Administration (EIA) data.
"We have been working with Energy Transfer to push the boundaries of regulatory data and analysis for over a year,” said Hudson Hollister, Founder and CEO of HData. “We look forward to building on our work with one of the nation's largest energy portfolios to enhance insights across the sector."
HData's insights are seamlessly augmenting Energy Transfer's existing capabilities, bolstering its capacity to deliver unparalleled energy solutions to the industry. This strategic partnership has already yielded remarkable enhancements in critical operational metrics, streamlining regulatory data management and analysis processes. By harnessing the prowess of HData's cutting-edge technology, Energy Transfer has achieved substantial efficiencies in data interpretation, empowering the company to make more informed decisions, optimize resource allocation, and cultivate sustainable growth across its expansive energy portfolio.
HData’s Regulatory AI rapidly transforms millions of Federal Energy Regulatory Commission (FERC) Forms 1, 2, 6 and EIA (Energy Information Administration) data points into digestible pieces of financial information, streamlining required regulatory filings and providing valuable insights to multiple departments within the utility. Users with varying levels of expertise can quickly solve complex problems through custom or pre-defined metrics and visualizations. Learn more about HData’s capabilities at hdata.ai.
About Energy Transfer
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with nearly 125,000 miles of pipeline and associated energy infrastructure. Energy Transfer’s strategic network spans 41 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (“NGL”) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 34% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 47% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.