Wind and solar forecasts are generated by separate meteorological models and delivered as static files that do not update within the trading day. When generation deviates from schedule during ramp events or curtailment windows, traders and balance responsible parties have no automated mechanism to detect the deviation early and adjust nominations before imbalance penalties accrue.
Built For
Balance Responsible Party manager overseeing a mixed wind and solar portfolio of 500 MW across multiple grid connection points
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Grid/Market Analyst
Combines NWP ensemble data with satellite imagery and historical generation patterns to produce 15-minute renewable output forecasts.
Energy Trader
Translates renewable generation forecasts into intraday trading signals and nomination adjustments to minimise imbalance exposure.
Risk Manager
Quantifies imbalance cost exposure from renewable forecast errors and monitors balancing market price spikes that amplify penalty risk.
Continuous wind and solar output prediction at 15-minute granularity by combining NWP ensembles with satellite imagery and historical generation data, with automated ramp event detection and curtailment risk alerts.
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Current clean spark spread is EUR 8.40/MWh, above your EUR 6.00/MWh dispatch threshold. Gas at EUR 34.20/MWh, carbon at EUR 62.50/tCO2. Recommend dispatch for hours 16-20 where day-ahead prices spike above EUR 95/MWh.
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