Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, ...
The Energy Systems Integration Group (ESIG) has released a report examining how utilities and planners forecast long-term electricity demand and distributed energy resources (DERs) in an era of rapid ...
Hitachi Energy debuts Nostradamus AI, which delivers fast, accurate renewable energy forecasts, load predictions, and market pricing insights. Nostradamus AI is one of the first AI forecasting tools ...
Global energy markets, valued at $24.1 billion in 2024 and projected to grow to $31.2 billion by 2031, have always been influenced by weather. Solar generation depends on clear skies, wind power ...
Accurately predicting solar irradiance and wind flow patterns is requisite for renewable energy forecasting—but precision alone simply isn't enough. The data must be actionable, fast, and seamlessly ...
The United States has threatened to withdraw from the International Energy Agency unless it shifts away from climate-focused ...
The Dutch company says its short-term trading solutions for solar and other renewable energy technologies, supports grid balancing, reduces the costs of imbalance, and optimizes energy flows in an ...
At the interface of AI, big data, the energy transition and mind-bogglingly complex weather systems, the ongoing supply of electricity relies on answering a deceptively simple question: Will it be ...
PV yield forecasts are widely considered to be inaccurate, partly because they underestimate uncertainty. Image: Tilt Renewables. The uncertainty in energy yield forecasts is frequently underestimated ...
(Reuters) -Enphase Energy forecast fourth-quarter revenue below Wall Street estimates on Tuesday, and said U.S. President Donald Trump's tariffs had a negative impact on its margins, sending the solar ...