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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Microsoft Azure Yes 

Integrations

Microsoft Azure No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

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) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

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 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 

Product Features

Energy Management

Benchmarking No 
Bill Audit No 
Bill Database No 
Bill Importing No 
Budgeting & Forecasting Yes 
Compliance Management No 
Contract Management No 
Cost / Use Reporting Yes 
Emissions Monitoring Yes 
Energy Price Analysis Yes 
Facility Scheduling No 
Greenhouse Gas Tracking No 
Load Control Yes 
Load Forecasting No 
Meter Tracking No 
Risk Management Yes 
Weather Normalization No 

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