- Supply & demand
- Weather data
- Hydrology
- REMIT data
- Interconnector flows
- Futures, fuels and costs
- Intraday power prices
- Day ahead power forecasts
- PPA prices
- Balancing market data
- Ancillary services data
- EU power plant database
- Power price scenarios
- Advisory reports
- Production forecasting
- Demand forecasting
- Geolocation analysis
- Power 2 Sim
Production forecasting
Improve forecasting accuracy and reduce imbalance costs with AI powered models.
Overview
Cutting-edge machine learning technology continually improves and refines forecasts for your renewable power plants. Use these forecasts for:
Forecast horizon up to D+7
Solar forecasts update hourly
Predictions for individual solar panels or entire solar farms
Automated reporting of production volumes into 3rd party systems
Forecast horizon up to D+10
Wind forecasts update hourly
Predictions for individual wind turbines or entire wind farms
Automated reporting of production volumes into 3rd party systems
Forecast horizon up to D+7
Hydropower forecasts update hourly
Predictions for individual run of river turbines or full hydropower portfolios
Automated reporting of production volumes into 3rd party systems
Forecast horizon up to D+7
Hourly update frequency
Improve forecast accuracy
The Artificial Neural Networks used in our machine learning forecasts identify patterns easily, enabling predictions to improve incrementally as more data is input over time.
Combining your historical production data with our weather forecasts is all we need to get started. From there, we can add extra factors in too, such as load factors, changing capacity, or curtailments.
Lower administrative costs
More accurate forecasts lower your imbalance costs, whilst automated reporting saves you time and money on administration.
We even send you regular reports on the accuracy of the model to make sure you are happy with the outputs.
Delivery methods
Use our range of options to share relevant data and fully automate your production forecasting and reporting:
Data sent and received via our secure file transfer protocol allows for completely automated forecasting.
Send and receive data and forecasts respectively via email before manually inputting your forecast data.
Let us know what communication method works for you. Predictions can be automatically fed into reporting software the way you want.
Try production forecasting for free
With so much data available, Montel Analytics often requires tailored solutions. Get in touch with our product experts so we can build the exact package to meet your needs.