Forecasting on day-ahead energy prices

Forecasting on day-ahead energy prices

Negative energy prices are becoming increasingly common in the energy market. This presents an opportunity to make battery, solar, and wind systems more financially viable. Our API forecasting service assists in predicting and managing the production assets.

SmartBOD initiated solar forecasting in 2016, leveraging real-time PV inverter data. Now, we also provide real-time energy price predictions. Our forecasts incorporate various data sources such as price, weather, and customer information. By integrating multiple data streams into our models, we achieve highly accurate forecast results.

In 2020, we introduced our first node controller. This controller ensures that your energy systems respond in real-time to our forecasts, optimizing their performance accordingly.