The face of Europe’s energy supply is set to change. If latest plans by nine European countries go ahead, the North Sea could become home to an intricate network of undersea cables – part of Europe’s first supergrid for renewable energy. Initiatives of this type signal a marked departure from the traditional model of energy supply management, says Wolfgang Ketter. Until now a few large companies have held centre stage in each country, operating in a largely top-down, command-and-control fashion.
| Stock prices are volatile, they may rise or fall within a few milliseconds after new information becomes available. It is vital for stockbrokers to process new data on the fly and act fast based on the newly acquired information. Easier said than done, considering the magnitude of the amount of data that becomes available each second through the Internet and other media. Automation promises to be the ideal solution, yet there is one big challenge: making machines understand the meaning of news.