Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, ...

Accurately predicting solar irradiance and wind flow patterns is requisite for renewable energy forecasting—but precision alone simply isn't enough. The data must be actionable, fast, and seamlessly ...

This Collection supports and amplifies research related to SDG9 - Industry, Innovation & Infrastructure. This Scientific Reports Collection welcomes original research on AI-powered energy forecasting ...

Global energy markets, valued at $24.1 billion in 2024 and projected to grow to $31.2 billion by 2031, have always been influenced by weather. Solar generation depends on clear skies, wind power ...

Hitachi Energy debuts Nostradamus AI, which delivers fast, accurate renewable energy forecasts, load predictions, and market pricing insights. Nostradamus AI is one of the first AI forecasting tools ...

PV yield forecasts are widely considered to be inaccurate, partly because they underestimate uncertainty. Image: Tilt Renewables. The uncertainty in energy yield forecasts is frequently underestimated ...

Hitachi Energy has launched Nostradamus AI, a new kind of AI-based energy forecasting software designed to enhance accuracy by up to 20% over some industry benchmarks. The software helps optimize ...