Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Lancelot is an entire product family that provides comprehensive support for trading on all energy markets, commodities and flexibility products. Lancelot allows traders to take advantage of the power of advanced AI-based computing engines, machine learning, and data science in order to make better decisions and maximize profits.
Lancelot ETRM enables energy traders to manage transactions, monitor risk, and automate complicated workflows. It integrates data from multiple sources and provides real time data analysis to enable faster and better decisions.
Lancelot FMS uses AI-based data analytics and advanced algorithms to accurately predict energy prices, system inequalities, load and consumption forecasts or renewable energy production.
Lancelot Hub, a cloud-based service, provides energy traders with precise analytics and data. It uses advanced algorithms for calculating precise forward curves and trends on the market, giving traders unprecedented insight into market forecasts.
Description
Renewcast, an Italian firm, focuses on AI-driven forecasting for renewable energy, especially in wind power generation. Established in 2020 by a team with over a century of collective experience in the energy and IT fields, the company provides a Software as a Service (SaaS) platform that delivers precise daily and intra-day forecasts for wind energy production. By harnessing proprietary deep learning algorithms and digital twin technology, Renewcast achieves forecasting errors as low as 7% normalized Mean Absolute Error (nMAE), which is a significant improvement over global industry standards. This exceptional accuracy allows energy operators to decrease global imbalance costs by as much as 30%. The offerings of Renewcast encompass various forecasting durations, including intra-day, day-ahead, 48-hour, and medium-term forecasts extending up to 15 days, with updates provided every hour. Clients can easily access forecasts via a direct API and customize parametric reports through an intuitive user interface, making the platform highly accessible and user-friendly. These features position Renewcast as a leader in revolutionizing how wind energy forecasts are managed and utilized in the industry.
API Access
Has API
No
API Access
Has API
No
Integrations
Microsoft Azure
No
Pricing Details
Individual
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Unicorn Systems
Founded
1989
Country
Czech Republic
Website
unicorn.com/lancelot
Vendor Details
Company Name
Renewcast
Founded
2020
Country
Italy
Website
renewcast.com
Product Features
Energy Trading and Risk Management (ETRM)
Accounting Management
Yes
Asset Analysis
Yes
Blockchain Technology
Yes
Contract Management
Yes
Document Management
Yes
Energy Trading
Yes
Financial Management
Yes
Product Scheduling
Yes
Reporting/Analytics
Yes
Risk Management
Yes
Third Party Integration
Yes
Trade Validation
Yes
Product Features
Energy Management
Benchmarking
No
Bill Audit
No
Bill Database
No
Bill Importing
No
Budgeting & Forecasting
No
Compliance Management
No
Contract Management
No
Cost / Use Reporting
No
Emissions Monitoring
No
Energy Price Analysis
No
Facility Scheduling
No
Greenhouse Gas Tracking
No
Load Control
No
Load Forecasting
No
Meter Tracking
No
Risk Management
No
Weather Normalization
No