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 IPC, 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.
