Forecast Services

Demand

We offer a range of GB and Ireland demand forecasts which utilise a combination of techniques to provide market leading forecasts to our clients. We utilise Machine learning statistics that can only be implemented in power forecasting with a solid understanding of the underlying physics involved. Many factors are at play to produce a forecast that is truly fit for purpose which will be suited exactly for your needs.

Our national demand and transmission system demand forecasts are included in our dashboard package but we offer these forecasts separately too as a data only service.

demand.png

Wind Power 

Our GB embedded wind forecast and outturn utilise novel techniques to determine an market leading accurate forecast. To minimise forecast error, an accurate outturn must be estimated. We calculate our own outturn figure that leverages more sophisticated estimation techniques than that utilised in the calculations that create the public figure on the BMRS. This allows us to develop a forecast more accurately which is then fed into our GB demand forecast alongside our embedded PV forecast.

Our embedded wind forecast is included in our dashboard package but we offer these forecasts separately too as a data only service.

Per Site Wind Power

For our bespoke per site wind power forecasting we have partnered with MeteoGroup as a weather provider to allow us to provide highly competitive forecasting for any site across Europe. We will optimise any model to your desired lead time if requested, and build an optimised forecast utilising any accessible site metering data available.

wind.png

Solar Power 

We specialise in solar power forecasts from per site to an aggregate national level. We can build dedicated per site models utilising advanced calibration techniques allowing us to optimise our forecasts for multiple lead times. Whether you are an asset owner, system operator or trader we can build a highly competitive forecast in both accuracy and price.

Our GB embedded solar forecast utilises a combination of techniques to determine market leading accurate forecasts. Machine learning statistics should only be implemented in power forecasting with a solid understanding of the underlying physics involved. Many factors are at play to produce a forecast that is truly fit for purpose which will be suited exactly for your needs.

Our embedded PV forecast is included in our dashboard package but we offer these forecasts separately too as a data only service.

Per Site Solar

For our bespoke per site solar power forecasting we have partnered with MeteoGroup as a weather provider to allow us to provide highly competitive forecasting for any site across Europe. We will optimise any model to your desired lead time if requested, and build an optimised forecast utilising any accessible site metering data available.

solar.png

Residual Load

 

Our residual load screen for GB shows a holistic view of the short term power market and is an essential tool for any GB power trading desk. It combines our own forecasts of demand and renewable generation as well as the latest interconnector nominations. The result is a net demand on the GB System that will be met by conventional generation sources. This is plotted against publicly available REMIT and OC2 availability data to illustrate how this demand may be met and which fuel is likely to set the marginal price.

residual_load.png

Our REMIT data processing integrates real time REMIT messages into a user friendly tabular display with live pop-ups to make sure you never miss an update.

REMIT

remit.png

Service Provision

​All our services include as standard:

  • 14 day half hourly forecasts

  • Forecasts updated each half hour with the latest power/weather metering data

  • Delivered via FTP/SFTP and/or dashboard integration, .csv, e-mail 

  • Custom data format

  • UK Technical support with a dedicated personal contact via telephone / e-mail.

  • Ongoing model revision and development updates

  • 99.9% system uptime guarantee

To receive a quote for this service, contact us for a price and to discuss receiving a free trial delivered via SFTP.