ABOUT
Optimize your trading strategy
As an energy trader or aggregator, you have to anticipate electricity price evolution on spot power markets to optimize your orders accordingly. To minimize portfolio balancing costs, you must also minimize the difference between your orders and the actual production. Then you need to anticipate renewable assets' production on day-ahead and intraday time horizons.
By guaranteeing high solar and wind power prediction accuracy, our forecasting products help you to manage uncertainties and maximize your revenues. They allow you to access day-ahead and intraday forecasts of renewable energy production at the site, portfolio, TSO/DSO zone, market area, and country level.
Data and forecasts available at the site, portfolio, TSO/DSO area, or country level
KEY BENEFITS
Why use wind and solar forecasting for power trading?
MAXIMIZE TRANSACTION REVENUES
By anticipating solar production on the intraday and day-ahead spot markets.
REDUCE COST OF IMBALANCE PENALTIES
By delivering accurate predictions of solar energy production and optimizing the monitoring of your portfolio.
MANAGE THE RISKS
By using a multi-model approach, confidence intervals, and customized warnings to optimize the forecast uncertainty management.
CASE STUDY
Did you know that using accurate solar production forecasts can reduce imbalance penalties?
Check out our case study!
Power trading & portfolio management:
retailer of green electricity in Spain
Reduce imbalance costs through accurate forecasting
PRODUCTS AND SERVICES
How are forecasts generated?
Forecasts using numerical weather prediction models
Based on numerical weather prediction models
Update frequency: 4 times per day
Relevant for microclimates
Forecasts and live data based on satellite imagery
Based on satellite imagery
Update frequency: 4 times per hour
Accuracy improvement
Forecast contribution assessment study
Anticipate the imbalance costs
Define the control strategy
Limit the risks
