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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
Enhance the efficiency and effectiveness of decision-making across various levels by leveraging a comprehensive suite of automation, scalability, statistical expertise, and transparency, drawing from our extensive experience with numerous utilities globally. As the grid continues to evolve, it is essential to utilize a forecasting platform that can handle vast data sets to yield insights that reach down to the circuit level. SAS Energy Forecasting has demonstrated its ability to deliver detailed insights derived from these extensive data collections. By providing results that are repeatable, scalable, traceable, and defensible, this solution significantly boosts forecasting accuracy across diverse locations and levels of aggregation. The forecasts produced are transparent and well-documented, facilitating communication with both internal teams and external stakeholders, which can help prevent potential regulatory fines that could amount to millions. Furthermore, taking advantage of all available data can optimize investments in smart meters and advanced metering infrastructure, ultimately leading to improved operational outcomes. This comprehensive approach ensures that utilities remain agile and well-informed in a rapidly changing energy landscape.
API Access
Has API
API Access
Has API
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
SAS Institute
Founded
1976
Country
United States
Website
www.sas.com/en_hk/software/energy-forecasting.html
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
Utility Management Systems
Billing & Invoicing
Cable
Customer Management
Demand Planning
Electricity
Natural Gas
Plant Management
Service Call Management
Trash
Water
Work Order Management
Workforce Management