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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 One-2-Five Energy?

One2Five®Energy is a significant enhancement to the ISO50001 energy management standard, providing businesses with a methodical framework to seamlessly implement ISO50001 through practical steps that boost overall value. Like ISO50001, One2Five®Energy encourages the incorporation of energy management practices into the existing operational structures of organizations, prompting them to regard energy as a critical component of their overall strategy rather than an isolated concern. By engaging influential decision-makers, it facilitates essential changes from the top down within the organization. Moreover, it presents a definitive roadmap for the establishment of systems and the successful implementation of ISO50001. The program features an integrated scoring system that allows organizations to track their advancements in energy management efforts and benchmark their performance against peers in similar or related industries. In addition, it supports the creation of strategic action plans designed to drive continuous improvements in reducing energy costs and curbing greenhouse gas emissions. Ultimately, One2Five®Energy not only lays out a clear trajectory for ongoing development but also utilizes a one to five-star rating system to assess and monitor progress, reinforcing the commitment of organizations to their energy efficiency objectives while fostering a culture of sustainability. This dual focus on practical implementation and measurable outcomes ensures that organizations can effectively navigate their energy management challenges.

Media

Media

Integrations Supported

Microsoft Azure

Integrations Supported

Microsoft Azure

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Renewcast

Date Founded

2020

Company Location

Italy

Company Website

renewcast.com

Company Facts

Organization Name

EnVINTA

Company Location

United States

Company Website

www.envinta.com/

Categories and Features

Energy Management

Benchmarking
Bill Audit
Bill Database
Bill Importing
Budgeting & Forecasting
Compliance Management
Contract Management
Cost / Use Reporting
Emissions Monitoring
Energy Price Analysis
Facility Scheduling
Greenhouse Gas Tracking
Load Control
Load Forecasting
Meter Tracking
Risk Management
Weather Normalization

Categories and Features

Energy Management

Benchmarking
Bill Audit
Bill Database
Bill Importing
Budgeting & Forecasting
Compliance Management
Contract Management
Cost / Use Reporting
Emissions Monitoring
Energy Price Analysis
Facility Scheduling
Greenhouse Gas Tracking
Load Control
Load Forecasting
Meter Tracking
Risk Management
Weather Normalization

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