Renewable Energy Forecasting
Innovating and enhancing short-term and intra-day Wind Power Forecasting
Forecasting as a Service
Superior Performance
Forecasting error as low as 7% nMAE 2-3 times better the global market benchmark
Digital Twin Technology
Peerless forecasting precision with Deep Learning Digital Twin
Imbalancing Cost Savings
Up to 30% reduction in global imbalancing cost for energy operators
Data Complexity Management
We manage the complexity of the data provided by the Customers
Wind Power Generation Forecasting
- Intra-day, day ahead, 48 hours and medium term (up to 15 days) forecasting.
- API direct access to retrieve forecasting.
- Forecasts update every hour.
- Client UI with parametric reports configuration and data download.
Advanced Cloud-Based Platform
We have an Azure cloud based platform based on proprietary deep learning models and data pipeline management with proprietary meteo data forecast optimization, turbine data correction and enrichment and unique digital twin of each turbine.
Our platform is capable to modeling the chaotic behavior of wind and turbine on every single geographical point in the world, and it is fully scalable and ready to support large corporate wind portfolio.
EMPOWER YOUR BUSINESS
Profit Enhancement through Premium Service
Beyond its technical prowess, Renewcast's business model is equally innovative.
- We operate on a win-win principle, offering a premium service with pricing directly tied to performance.
- Clients gain up to 3-4 €/MWh of dispatched energy while paying up to 20% of the benefit.
- We guarantee mutual benefit and promote trust in the commitment of long-term partnerships.
Pioneering Precision in Wind Energy Forecasting
Renewcast was founded in 2020 by a team of professionals with over 100 years of combined experience in the energy and information technology sectors.
We have also partnered with MindTitan and Beamline Accelerator and Helen Ventures and Tech4Planet as our shareholders. In addition to its founders, Renewcast is backed by both venture capital and public innovation funding.
Renewcast Team
Sibgat Ullah
AI enthusiast with 5+ years solid hands-on experience devising, implementing, and operationalizing AI/ML algorithms. PhD in computer science and data science at Leiden University (NL). Master in Machine Learning from University la Sapienza (Rome - IT).
Keje Sinnige
ML and Data Platform Manager with 5+ years of experience in data science and engineering. Leads data teams in building scalable machine learning models and managing large-scale data infrastructures. Expertise in cloud platforms, AI, and data-driven innovation, driving advanced data solutions to support business success.
Our Values
Passion for what we do
If you do a work that you love, you will never work a day in your life.
We love what we do, for the renewable energy industry, for our clients and for our company.
Result Oriented
We strive to get our results, as individual, as team and as a company.
We employ the Plan-Do-Check-Act cycle, embracing mistakes as learning opportunities for enhanced future performance.
Teamwork
Teamwork as a mean to reach results and let our people grow, learn, deliver.
No one is left alone, everyone is expected to contribute at every level of the company.
Respect
Respect is listening to each other, considering other needs, position, goal, aspirations in everything we do.
We prioritize treating every individual with dignity, fairness, and kindness.
Learn, Be curious, Invent and Improve
Never stop to learn, imagine new solutions for the renewable forecasting industry, map, collect or develop leading edge theoretical research that can be deployed in sustainable deep- tech solutions.
We continuously strive to improve ourselves, our solutions and forecasting performance.
Trust
Trust for each other is at the base of our daily action and long term future of our company.
Trust for us means to count on others as on ourselves. We believe that trust is earned through transparency, reliability, and consistency in our actions.
Share the value we build
We are committed to grow the value of our company and share results with all our people.
Our commitment to sharing extends beyond our products and services to include knowledge, resources, and opportunities for growth.
Client partnership & value
We are striving for long term partnership with our Clients, enhancing their energy market effectiveness through continuous improvement in our forecasting services.
We are committed to deliver value to our Clients by providing superior performance, reliable delivery, managing Clients' data complexity and sharing risk/benefit of our industry.
Blog & News
Impact of Weather Conditions on Wind Energy Output
Explore how shifts in weather patterns play a crucial role in the efficiency and productivity of wind farms.