Precise Stream
Real Time Forecasting for Predictability and Reliability
The nature of wind as a variable resource poses new challenges for power schedulers and dispatchers. To both deliver reliable power and replace other sources of generation with wind’s clean, affordable energy, utilities and balancing authorities require accurate, predictable, dependable wind power forecasts.
PRECISE STREAM helps wind plant owners, utilities, balancing authorities, system operators, and energy traders maximize the value of wind energy. By accurately predicting the amount of power the wind will generate, PRECISE STREAM turns the variable nature of wind into a predictable power generation resource. As a predictable resource, wind energy can be scheduled to reliably serve load, thus improving its financial value for energy producers, providers, and traders alike.
Forecast Metrics and Measurements
PRECISE STREAM days ahead, day-ahead, and intra-day forecasts support decisions in areas of operations, market trading or unit commitment, and hour-ahead and within-hour forecasts provide critical information for spot market planning or load following resource commitment.
PRECISE STREAM™ offers the following forecast time horizons:
- Days ahead: 48 – 72 hour forecast
- Next day: 24 hour forecast
- Hours ahead: 4 – 6 hour forecast
- One-hour ahead
- Within-hour
Value Delivered in Real-Time
Delivering the reliability and predictability required for dependable scheduling, the value of the benefits from PRECISE STREAM™ day-ahead forecasts typically range from 6 to 15 times the cost of the service.