Aiolos is a forecasting system used by around 100 energy companies worldwide. In collaboration with approximately 30 of our customers, we have developed a system that systematically and automatically calculates estimated imbalance costs for new customers.
With the Imbalande Price Calculator, thousands of forecasts/simulations are generated using a wide range of input data to calculate imbalance costs for new customers, renewable assets, as well as estimate the impact of portfolio changes with regards to the imbalance costs.
Examples of what IPC can analyze:
- How imbalance costs are affected if historical prices or forecasts are shifted by a few hours or days
- The impact when analyzing data across multiple years
- The effect of using different weather providers, AI models, or forecasting models
- And much more
The results are presented in a user-friendly interface that displays all calculations, including cost summaries.
Benefits of IPC
- A highly advanced and sophisticated method for calculating imbalance costs
- Time-saving – the process is automated, enabling you to run these analyses for more customers
- A standardized and quality-assured approach to estimating imbalance costs for new customers
- Ensures consistency – everyone in your organization performs the analysis in the same way
Welcome to join!
Webinar Invitation
Date & Time: Mars 13th at 14:00 (CET)
Location: Microsoft Teams
Registration: Press "Register here" button
Who Should Attend? Forecasters and professionals working with pricing for new customers
Questions? alexander.nordling@vitecsoftware.com or +46 738 661 485
