TRADEWINDS

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Tradewinds is evaluating long-term projects such as wind turbines or photovoltaics is an extremely complicated affair. The project will be in place for 20-25 years, and you need to have a good forecast of the entire lifetime. All this has to be considered when screening for location, when forecasting electricity prices or production. Each of these results will also vary depending on the scenario you are looking at. How do you believe the future electricity system will be? How has the weather bee... n and how will the weather be? Combining operations research models with large satellite derived datasets going as far back as 1979 to give an unprecedented prediction of the future for electricity prices. This method offers far more detail than what is the current market standard, while allowing for estimates of uncertainties and evaluating risks. We will provide forecasts on electricity prices, production and other services such as; screening maps and easy to handle data. If an actor is investigating which wind turbine seems more promising in a location it will be possible to make a quick assessment from large selection. He can now focus his efforts on the most promising cases and get the data he needs for it. Studies done by PWC indicate that using satellite derived data sets such as the one we use, can decrease uncertainties in wind projects and provide a benefit between 1-3 million euros per 100 mw capacity. The vision is to create a unified one-stop shop for the energy sector to acquire renewable energy data products and electricity price forecasts far into the future in an easy, precise and transparent way.

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TRADEWINDS

Industry:
Renewable Energy Solar Wind Energy

Status:
Active


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