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Power Forecast Services
ConWX provides power production forecasts to help renewable energy players keep a competitive edge, triggering trades while significantly reducing financial risks.
What will you get?
ConWX power forecasts are made with the granularity and scale that meet your specific business needs. By optimally combining multiple weather models, using in-house models, SCADA data, and machine learning techniques, we predict power output from 5 minutes to 10 days in advance at a high time resolution. To provide forecasts with the highest accuracy, we instantly fine-tune them with online production data and, if needed, recalibration.
Other services
We help our clients avoid exposure during highly expensive hours by identifying and highlighting the specific periods with a high risk of volatility and the alternative direction of production.
Get alerts about potential icing events to avoid high balancing costs and imbalanced prices. ConWX Icing forecasts will help you predict future icing events and power loss due to icing.
ConWX offers medium and long-term weather analysis for any site, region, country, or energy market for up to three months at a time. Our analysis shows different trends — such as wind, temperature, or precipitation.
Our best-in-class Numerical Weather Prediction models provide you with data in all resolutions and for all weather parameters. ConWX’s weather model data ensures you have the essential information for making precise wind and solar power forecasts.
POWER PRODUCTION FORECASTS
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Related blog posts
We discuss different approaches in terms of input data and ways how to improve the accuracy of intraday and day-ahead wind & solar power forecasts.
Why are power production forecasts crucial for wind and solar energy production, trading and balancing? Learn about the common risks faced by energy players.
Although we can rarely achieve 100% accuracy in forecasting, by identifying and highlighting when risks are present, you can effectively navigate the volatile power market.
