The Energy Systems Integration Group (ESIG) has released a report examining how utilities and planners forecast long-term electricity demand and distributed energy resources (DERs) in an era of rapid ...
Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, ...
Hitachi Energy debuts Nostradamus AI, which delivers fast, accurate renewable energy forecasts, load predictions, and market pricing insights. Nostradamus AI is one of the first AI forecasting tools ...
Global energy markets, valued at $24.1 billion in 2024 and projected to grow to $31.2 billion by 2031, have always been influenced by weather. Solar generation depends on clear skies, wind power ...
“For energy providers with their fickle raw materials, the only way to manage uncertainty is a detailed and timely understanding of energy supply and demand,” writes Evgeny Finkel. Image: Tigo Energy ...
The Alamitos natural gas-fired power station in Long Beach, California. Meteomatics is a weather intelligence and technology company that offers companies across industries—including energy, insurance ...
The Dutch company says its short-term trading solutions for solar and other renewable energy technologies, supports grid balancing, reduces the costs of imbalance, and optimizes energy flows in an ...
Energy needs don’t always align with expectations. But predictive analytics is helping companies reduce their energy footprint and improve forecasting of how much power they will need at a given time.
Accurately predicting solar irradiance and wind flow patterns is requisite for renewable energy forecasting—but precision alone simply isn't enough. The data must be actionable, fast, and seamlessly ...
Exceptional weather events are becoming more frequent, disrupting ecosystems and infrastructure, while climate change is also affecting wind patterns and meteorological phenomena. However, being able ...