Audience

Energy operators and looking for a solution to optimize their wind power generation forecasting operations

About Renewcast

Renewcast is an Italian company specializing in AI-powered renewable energy forecasting, particularly for wind power generation. Founded in 2020 by professionals with over 100 years of combined experience in the energy and information technology sectors, Renewcast offers a Software as a Service (SaaS) platform that provides accurate daily and intra-day wind generation forecasts. The platform utilizes proprietary deep learning models and digital twin technology to deliver forecasting errors as low as 7% normalized Mean Absolute Error (nMAE), significantly outperforming global market benchmarks. This high level of accuracy enables energy operators to reduce global imbalance costs by up to 30%. Renewcast's services include intra-day, day-ahead, 48-hour, and medium-term (up to 15 days) forecasting, with forecasts updated every hour. Clients have direct API access to retrieve forecasts and can configure parametric reports through a user-friendly interface.

Integrations

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Company Information

Renewcast
Founded: 2020
Italy
renewcast.com

Videos and Screen Captures

Renewcast Screenshot 1
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Product Details

Platforms Supported
Cloud
Training
Documentation
In Person
Support
Phone Support
Online

Renewcast Frequently Asked Questions

Q: What kinds of users and organization types does Renewcast work with?
Q: What languages does Renewcast support in their product?
Q: What kind of support options does Renewcast offer?
Q: What type of training does Renewcast provide?

Renewcast Product Features

Energy Management

Bill Importing
Bill Database
Budgeting & Forecasting
Greenhouse Gas Tracking
Compliance Management
Load Forecasting
Load Control
Bill Audit
Risk Management
Meter Tracking
Facility Scheduling
Weather Normalization
Benchmarking
Contract Management
Energy Price Analysis
Emissions Monitoring
Cost / Use Reporting