Results for ""
Founded | 2010 |
---|---|
People | 52 |
Location | Maharashtra |
Sector | Power and Energy |
---|
Climate Connect develops machine learning based models for forecasting critical parameters like price, imbalance, variable generation, weather, and load, in European and Indian energy markets. It has developed the proprietary E.A.G.L.E (Energy and Artificial Intelligence Guided Learning Engine) platform in python where the client can coordinate with data scientists to quickly identify the optimal machine learning algorithm for a given energy sector use case.
It deploys artificial intelligence (AI) and machine learning technology software across the energy generation, transmission and distribution spectrum currently works with a portfolio of 20 gigawatts (GW). It has developed E.A.G.L.E (Energy and Artificial Intelligence Guided Learning Engine) platform that helps customers engage in energy trading, demand management, and renewable generation.
In India, Climate Connect works with power generation and distribution companies such as the BSES, TATA Power, GMR, Adani, and ACME. The company is already working with the Delhi and Uttar Pradesh generation and distribution companies and is in talks with government utilities in Chandigarh and Haryana as well. In Europe, it works with utilities in Italy, Spain and the Netherlands, handling a 700 MW portfolio.
Intelligent Merchant Solar
In Europe, as solar industry enters a zero subsidy based environment, Climate Connect is working with several solar asset managers to provide solar plants access to wholesale markets using its Intelligent Merchant Solar (IMS) solution that delivers larger returns compared to current Purchase Power Agreement (PPA) structure in the market.
Forecasting and Algorithmic Trading
Climate Connect offers intraday, day-ahead, term-ahead, and long-term energy forecasts using AI algorithms powered by millions of hourly data points from the transmission system, distribution network, generation types, and weather models. It also forecasts market prices and bid volumes.