Explaining the decision to change terminology from Asset-Level Data to Asset-Based Company Data.
The PACTA team has recently decided to update the terminology used to refer to a crucial dataset. The dataset that was previously known as “Asset-Level Data” (ALD) will henceforth be referred to as “Asset-Based Company Data” (ABCD). This note explains our reasoning.
The PACTA methodology depends fundamentally on 3 input datasets:
Historically, this last dataset was referred to as the “Asset-Level Data” (ALD). This name was a natural choice, since the underlying data describes the production of physical assets that are owned and operated by various companies globally.
An asset-level dataset might contain the following information:
|Asset ID||Asset Name||Sector||Technology||Year||Capacity||Capacity Unit||Plant Location|
|1||a wind farm||power||renewablescap||2020||100||MW||ES|
|1||a wind farm||power||renewablescap||2025||200||MW||ES|
|2||a coal-fired plant||power||coalcap||2020||500||MW||DE|
|2||a coal-fired plant||power||coalcap||2025||300||MW||DE|
In the table above, data is given out directly at the level of the physical asset.
However, while it is possible to run PACTA using data at the asset-level, the back-end for both the PACTA for Investors online tool, and the free data-set provided for the PACTA for Banks desktop tool have been pre-processed. The actual data used has already been aggregated from the asset-level, to the company-level (for all companies owning the assets):
|Asset-Based Company Data|
|Company ID||Company Name||Sector||Technology||Year||Capacity||Capacity Unit||Plant Location|
Notice that, while the data itself is based on information at the physical asset-level, it has already been aggregated to the company level (by ownership stake). In this sense, the data is not at the “Asset-Level” but rather the “Company-Level”. We therefor consider “Asset-Based Company Data” to be a more accurate name for the data provided.