Renewable Energy and Markets

With rapidly increasing importance of renewable energy, accurate and timely near-term weather forecasts are essential for solar and wind power generation and also for the prediction of near-term dynamics of intra-day energy market trading. 

The growing use of solar energy and wind energy probes new questions such as:

• What amount of energy will a plant or a region generate in the coming hours?
• When shall a solar concentrator operator put the facility into a safe mode in order to protect the installation from wind gusts?
• What will the price of electricity be on the intra-day spot market in 3 hours from now?

The transition towards renewable energy sources provides new challenges to be solved. Meandair weather data integrated in operational, predictive or early-warning systems and models, can provide great value to operators and trading companies.

Meandair has developed highly accurate data products for:

Above data layers show solar irradiance and wind speed at-turbine-level.