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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 POM Applications Suite?

The Physical and Operational (POM) Suite is a comprehensive solution crafted for analyzing electric power system networks in both planning and operational scenarios, effectively addressing steady-state, transient, and small-signal conditions. Designed for large-scale assessments, it incorporates advanced parallel processing and multithreading functionalities to optimize performance. Users can interact with the POM Suite through an intuitive graphical user interface (GUI) or a command-line interface (CLI). It adeptly manages millions of N-1-1 and N-2 contingencies within a single simulation cycle while performing AC contingency analyses. The software autonomously identifies optimal corrective measures to rectify voltage, thermal, and steady-state stability challenges, in addition to transient stability issues. Furthermore, it supports the modeling of complex user-defined Remedial Action Schemes (RAS) and enhances the speed of compliance studies with NERC Standards. It also automates the processes of AC transfer/load pocket analyses and contingency evaluations while providing visualization tools that facilitate better understanding. This extensive suite not only simplifies intricate studies but also empowers users to navigate regulatory requirements with increased efficiency and confidence. Ultimately, the POM Suite is an essential asset for professionals seeking to optimize their electric power system operations.

Media

Media

Integrations Supported

AdminPulse
Microsoft 365
Microsoft Azure

Integrations Supported

AdminPulse
Microsoft 365
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

V&R Energy

Date Founded

1992

Company Location

United States

Company Website

vrenergy.com/software-solutions/pom-suite/

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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