Forecasting & Nowcasting
Live Data for Accurate Forecasts
The higher the share of renewable energies in the electricity mix, the more important is a reliable forecasting of their production: Parties with grid responsibility such as DSOs and TSOs require precise information on expected feed-in electricity volumes to maintain stable operation of the infrastrucure transporting volatile and fluctuating volumes of electricity. Any deviations from the predicted volumes must be compensated for in the short term, thus resulting in high system costs. NEMOCS enables you to gain live data from aggregated assets in real time and is therefore the perfect tool for forecasting or nowcasting.
NEMOCS: Live Monitoring, Forecasting & Nowcasting
Our Solution for Energy Traders, RES Portfolio Operators and Utilities
Trading on Short-Term Markets
In many countries, deviations between forecasted and actual feed-in can be compensated by trading on short-term energy markets. This is exactly what we do as a certified power trader with our 2,000 MW portfolio of PV in Germany. First, we trade the assets on the day-ahead market based on forecasts. On the day of the actual feed-in, deviations from the day-ahead forecast occur. If this deviation persisted, it would have to be eliminated by balancing energy. In order to minimize the need for costly balancing energy, our traders continuously try to close the gap between day-ahead forecasts and actual feed-in. Live data from our assets is essential for this nowcasting process, as it brings the forecast closer to real generation.
At a Glance
Benefits of our VPP-as-a-Service-Solution
Our Company in Numbers & Facts
As the operator of one of the largest VPPs in Europe, we network thousands of assets in our Next Pool. Using our 24/7 power trading floor, we also trade power on various European power exchanges such as EPEX Spot or EEX. With NEMOCS you'll gain access to the powerful infrastructure, which has proven itself time and again in our daily business.
Live Monitoring, Forecasting & Nowcasting
Operate your own virtual power plant
Please fill out the contact form below, if you would like to receive further information about our VPP Software-as-a-Service solution NEMOCS, which enables the monitoring, control and generation of reliable forecasts or nowcasts of your own or third party assets.