Our partnership with Vaisala (3TIER) provides our customers with valuable insights into how renewable energy resources (e.g., wind, solar) affect nodal power markets.
Vaisala provides accurate and reliable renewable energy forecasts. Subscribers to Vaisala’s regional wind and solar forecasts are able to access them within Yes Energy’s product at no additional cost. This gives developers, asset operators, and traders further insight into the markets without disrupting their workflows. We know that renewable forecasts are critical to market analysis, and we know our customers value having multiple forecasting sources at their fingertips and that’s why we’ve chosen Vaisala, an industry leader, as one of our partners.
Vaisala solves forecasting problems utilizing state-of-the-art modeling technologies. Vaisala’s forecasts incorporate statistical algorithms, mesoscale numerical weather prediction models, A.I. models, and weather forecasts to provide accurate and reliable forecasts.
Vaisala Renewable Forecasts are valuable for…
Renewable Operators - Inform your predictions about the performance of your assets and make educated decisions about where to develop and what to bid into the day-ahead and real-time markets.
Asset Operators - Predict how renewable resources like wind and solar will impact the day-ahead and real-time markets. Make informed decisions about what to bid into the day-ahead and real-time markets, and when you should be ramping up or down.
Power Traders - Get a leg up on the competition with accurate renewable forecasts. Spot inefficiencies and opportunities in the market to inform lucrative bids.
data integration in yes Energy
Vaisala’s regional renewable forecasts are accessible in a majority of Yes Energy’s products, including PowerSignals, QuickSignals, and DataSignals.
Vaisala Data in PowerSignals
Time Series Analysis - Access all of the available Vaisala data series from within this module where you can layer this data onto Yes Energy’s complete library of datasets (e.g., price, load, and weather data).
Forecast Vintage - Access vintages of Vaisala forecasts, which allows you to see how forecasts can change over time.
Like Day - Leverage Vaisala’s forecasts in our Like Day module to find days in the past that are like tomorrow or another day in the future.
Load Analysis - Lay in Vaisala’s renewable forecasts against load data in Yes Energy to analyze the interaction between supply and demand.
Vaisala Data in QuickSignals
From a QuickSignals dashboard you can add Vaisala data series to a variety of widgets to view their forecasts alongside all of our other real-time market data.
You can also create alerts using Vaisala data in Quick Signals.
Vaisala Data in DataSignals
Vaisala data can be accessed within the DataSignals products, allowing you to analyze and feed the data into your own custom models.
Want to learn more about Vaisala?
Check out this interview with Vaisala!