Analogies

RAM - Renewables Analogy Model

Intraday

  • Comparison with the renewable amounts of the historically most similar weather conditions
  • Position finding independent of fluctuating weather forecasts
  • Optional Einsman forecasts
  • Continuous monitoring using ENTSO-E transparency data
  • suitable for algotrading

Day ahead

  • Transparent nomination of comparison days plus quality index¬†
  • Price forecast merging historical load curves and current production costs¬†
  • Price uncertainties highlighted by ranges
  • Visualization of changes caused by weather models

Advantages

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