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EWC extrapolation of wind generated electricity in the EEX gap

10-01-2013 05:41 PM CET | Energy & Environment

Press release from: EWC Weather Consult GmbH

EWC Weather Consult GmbH

EWC Weather Consult GmbH

Karlsruhe, 12/06/2013. As renewable energies are becoming more and more important, meteorological data in analysis and forecast has become very significant for the electricity market. Due to innate fluctuations of renewable power production and it`s difficult forecast for the spot market, which are concerned with a cost risk for balancing energy, a considerable part of trade is shifted to the intraday market. Highly topical forecasting-updates for today and extrapolations for the last hours, which EWC Weather Consult from Karlsruhe already supply leading trading companies with, are therefore indispensable tools of the members of the electricity market.

Predicting the wind and the resulting performance is manageable – providing an accurate forecast promptly is extraordinary. The weather specialists of EWC dedicate themselves to this aim even more now: The extrapolation of wind electricity published by the EEX-transparency platform always shows a gap of 2 to 3 hours. Now EWC closes this information gap for the short market analysis – with hourly updates of the prediction. The results of these calculations are collected from machine learning techniques including live-production data of hundreds of wind power stations in Germany and the integration of a wealth of meteorological data and models.

Jon Meis, meteorologist and the CEO of EWC, says: „This system, optimised for the electricity market, is able to predict the wind power generation for intraday-trading for the next 2-3 hours even more precisely as from weather model forecasts only”.

EWC Weather Consult GmbH
EWC, an independent, private weather service provider, supplies time-and location-specific weather data, archives, expertises and forecasts
as well as lightning and climate statistics for enterprises in the insurance
and energy industry, for official authorities as well as for the sports &
leisure time sector. By means of the latest internet technology as well as
time- and location-specific data, meteorologists prepare short- and medium-term forecasts and make statements to all weather conditions in
Germany and abroad. The company was founded in 1999. Due to quali-fied personnel, own weather models, co-operations with competent partners and the consistent extension of the service portfolio, EWC actively enters national and international markets.

EWC Weather Consult GmbH
Internet: www.weather-consult.com
Infoline: +49 (0)721-663 23 0
Fax: +49 (0)721-663 23 23
eMail: info@weather-consult.com

Stefanie Raysz
Corporate Communication and Marketing
Schönfeldstraße 8
D-76131 Karlsruhe
Download of press releases: www.weather-consult.com

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