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Average Ratings 0 Ratings

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ease
features
design
support

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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.

Description

The UPLAN Advanced Clearing Engine (UPLAN-ACE) is designed to facilitate day-ahead market operations using protocols established by operators, while also executing real-time economic dispatch in 5-minute increments throughout each operational hour. This innovative system seamlessly merges both day-ahead generation offers and real-time demand bids to optimize the delivery of energy and ancillary services for hourly operations as well as 5-minute dispatches. One of the standout features of UPLAN-ACE is its ability to effectively model the variable and intermittent characteristics of emerging technologies, including batteries, flywheels, and other rapid-response solutions. Furthermore, the Real-Time Model (RTM) not only replicates the scheduling process for the hour ahead but also manages real-time dispatch every 5 minutes, relying on the commitment schedules from the Day-Ahead Market (DAM) and forecasting real-time load requirements. It performs dispatch operations on a 5-minute cycle, incorporating optimal power flow calculations, and ultimately generates locational marginal prices (LMPs), imbalance schedules, and updated dispatch information. This comprehensive approach ensures that UPLAN-ACE can adapt to the dynamic nature of modern energy systems while providing accurate and timely forecasts for market participants.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Microsoft Azure

Integrations

Microsoft Azure

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Renewcast

Founded

2020

Country

Italy

Website

renewcast.com

Vendor Details

Company Name

LCG Consulting

Website

www.energyonline.com

Product Features

Energy Management

Benchmarking
Bill Audit
Bill Database
Bill Importing
Budgeting & Forecasting
Compliance Management
Contract Management
Cost / Use Reporting
Emissions Monitoring
Energy Price Analysis
Facility Scheduling
Greenhouse Gas Tracking
Load Control
Load Forecasting
Meter Tracking
Risk Management
Weather Normalization

Product Features

Energy Management

Benchmarking
Bill Audit
Bill Database
Bill Importing
Budgeting & Forecasting
Compliance Management
Contract Management
Cost / Use Reporting
Emissions Monitoring
Energy Price Analysis
Facility Scheduling
Greenhouse Gas Tracking
Load Control
Load Forecasting
Meter Tracking
Risk Management
Weather Normalization

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