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
- Volume and price risks at a glance
- suitable as input for algotrading
- customizable dashboards
- EinsMan as additional algo component
