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What is Renewcast?

Renewcast, an Italian company, specializes in artificial intelligence-based forecasting for renewable energy, with a particular emphasis on wind power generation. Founded in 2020 by a team boasting over a hundred years of combined experience in energy and IT, this innovative firm offers a Software as a Service (SaaS) platform that provides highly accurate daily and intra-day wind energy production forecasts. Utilizing advanced proprietary deep learning algorithms and digital twin technology, Renewcast achieves a remarkable forecasting accuracy with errors as low as 7% normalized Mean Absolute Error (nMAE), which notably surpasses the global industry benchmarks. This level of precision enables energy operators to reduce global imbalance costs by up to 30%, enhancing their operational efficiency. Renewcast's services include a variety of forecasting periods—from intra-day to day-ahead, as well as 48-hour and medium-term forecasts lasting up to 15 days, with hourly updates available. Clients benefit from seamless access to these forecasts through a direct API, and they can tailor parametric reports using a user-friendly interface, emphasizing the platform's accessibility. As a result, Renewcast is positioned at the forefront of transforming the management and application of wind energy forecasts within the sector, setting a new standard for accuracy and user engagement in energy forecasting.

What is JOOL?

Assess your efficiency against a diverse portfolio of over 20,000 buildings while gaining instantaneous access to a network comprising more than 200 energy experts from multiple countries. Our solution is designed to be hardware agnostic, facilitating smooth integration with any metering technology, such as Building Management Systems (BMS) and Internet of Things (IoT) devices, to ensure optimal performance. Compare your organization's performance with industry competitors through our benchmarking capabilities. We provide systematic invoice auditing, daily evaluations of energy prices, and comprehensive management of contracts, alongside detailed reporting on expenses, usage, and emissions tracking. Furthermore, you can evaluate the success of your energy-saving initiatives, control load management, predict load demands, and adopt adaptable management strategies, enhanced by weather normalization for greater precision. Our online reporting system and alerts delivered directly to your email or via SMS ensure you receive timely updates. JOOL maintains vital connections with both gas and electricity markets, supplying daily pricing insights for frequently accessed markets in France and Belgium, with the possibility of exploring additional markets per request. This encompasses a variety of pricing structures, including peak, spot, base, and forecasts spanning months, quarters, and even years ahead, equipping you with the necessary information for informed decision-making. JOOL's compatibility extends to any current data collection systems, whether they are BMS, IoT devices, smart meters, or even suppliers' web portals, while also integrating weather and market data for a holistic approach to energy management. Additionally, our platform allows for real-time adjustments to energy strategies based on market fluctuations, ensuring that you remain ahead in energy efficiency and cost savings.

Media

Media

Integrations Supported

Microsoft Azure

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Online Training
On-Site Training

Company Facts

Organization Name

Renewcast

Date Founded

2020

Company Location

Italy

Company Website

renewcast.com

Company Facts

Organization Name

DAPESCO

Company Location

France

Company Website

www.dapesco.com/tools/energy-management-software/benefits_section/5a05778f22d7c/

Categories and Features

Energy Management

Not specified

Categories and Features

Energy Management

Not specified

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