Greenbyte have added meteoswift’s Wind Power Forecasting service to its Marketplace in order to assist the production of generation forecasts, thereby aiding the maintenance of grid stability. Meteoswift provides forecasts for hundreds of plants in over 15 countries and partnering with Greenbyte is a key milestone in its scale-up strategy.
The power produced by renewable assets can be intermittent due to technical aspects, site setup and on-site weather conditions such as wind speed and direction. Predicting these external factors can be difficult, and miscalculations can seriously affect a wind farms’ energy production. But accurate forecasting can enable efficient integration into the grid and the power markets, as well as optimising energy production.
The add-on from meteoswift will use AI to leverage large quantities of data from weather models, satellite imagery and power plants, which are then processed by AI algorithms to provide highly accurate wind power forecasts. This will allow asset managers to maximise their profitability by scheduling maintenance operations at the most ideal time.
On top of this, power traders will be able to optimise their position on the power market and reduce costs related to imbalances that arise due to differences between announced and delivered production.
“Our partnership will definitively add value for our customers” Morgane Barthod, Founder & CEO at meteoswift. “The quality of data shared through Greenbyte API allows us to achieve top forecasting performances and our customers will be able to easily monitor their assets through a single interface. We have seen a growing demand for this collaboration.”
Martin Doversten, Senior Director of Customer Success, EMEA at Greenbyte, added that the add-on will provide value for users dealing with everything from scheduling maintenance to managing power purchase agreements.
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