Short-Term
Power Forecasting
Get energy production forecasts based on weather and site performance data.
Enhance decision-making for Energy Trading, Virtual Power Plants and maintenance planning.
Manage production
and storage remotely
Automated site remote control aligning production
with market shifts for optimal financial performance.
Trade with Foresight
15-minute
forecasting intervals.
Integrate any OEM.
Fast data processing and scalable to accommodate multiple model.
Secured API connectivity for forecast submissions to Distributed Network Operators (DNO).
Automatic power control for negative pricing.
Reduce Balancing Costs and avoid penalties.
Boost your Power Purchase Agreement negotiations.
Solar Spy's forecasting proficiency is uniquely integrated with the energy market's ebb and flow, arming you with proactive energy management tools that are always a step ahead.
Frequently Asked Questions
What is Solar Spy's short-term power forecasting?
It’s a tool that uses weather data and facility performance data to create energy production forecasts. It improves decision-making in three areas: energy trading, virtual power plant management, and maintenance planning.
How granular are Solar Spy's forecasts in terms of time?
Solar Spy provides forecasts in 15-minute intervals, enabling precise planning for both market and operational decisions at the level of a single facility.
Does forecasting work regardless of the equipment manufacturer at the installation?
Yes. Solar Spy integrates with devices from any manufacturer, and fast, scalable data processing lets forecasts adapt to different installation models without hardware limitations.
How does forecasting support remote management of production and energy storage?
Forecasts enable automated remote control of the facility, adjusting production to market changes for optimal financial results – the platform automatically controls power output when energy prices are unfavorable.
How does Solar Spy support energy trading?
It provides operational and market forecasts based on the facility’s actual performance, so energy can be sold based on reliable, precise data rather than purely theoretical estimates.
How do forecasts reach grid operators?
Solar Spy uses a secured API connectivity protocol to send forecasts directly to distributed grid operators, ensuring secure, automated data exchange.
How does forecasting help lower balancing costs?
Precise production forecasts allow the reported energy volume to be better matched to actual production, which translates into lower balancing costs and helps avoid penalties resulting from deviations.
How does forecasting affect negotiations for power purchase agreements (PPAs)?
Reliable, data-driven production forecasts improve your negotiating position when signing power purchase agreements, since they give trading partners concrete, verified data on the facility’s expected performance.
What sets Solar Spy's forecasts apart from other solutions?
A unique integration of production forecasts with energy market trends. This proactive production management tool lets you respond ahead of time – staying one step ahead of market price drops and rises, instead of reacting only after they occur.