A Powerful Studio for all Your Forecasts
Aiolos Forecast Studio is developed by the Scandinavian company Vitec to manage forecasts for TSO´s, access responsibility parties (ARP´s), trading parties and renewable energy producers. A hosted or local service together with the smart interface allow powerful configuration, forecast validation and follow up reports. All for the best user experience and the most accurate forecasts.
The True Meaning of a Studio
Aiolos Forecast Studio is not only open for the belonging forecasting models. It fits companies with an existing forecast solution as well. Aiolos connects and import any forecast model or finished forecast and becomes the hub for the forecast validation and follow up. All forecasts in one place is the key to successful and powerful operations. Users can even create their own models from scratch in the system by using the model studio functionality. Choose what parameters to include and benchmark the model against other ones.
Discover the Smart Interface
Choose what historic data you would like to view. In this case two weeks of consumption data is displayed together with one or multiple weather forecasts.
A 48h forecast diplayed, together with last two weeks of historic outcome on the left side of the red line marking out current time.
Validate the automatic forecast with, in this case historic data from the same period, one and two years back.
Experiment with the weather dependence. In this case a simulation of a three degree Celsius increase in temperature is added. The red line in the top graph displays how the load would be effected.
Step 5: Finished Forecast
After the validations this is what the forecast looks like displayed both in graph and a table form, ready to be sent directly to your trading system.
In the follow-up tab it is easy to view any period. The green line in the graph represents the forecast. The gray line is the outcome. In the down right corner key figures of the accuracy are displayed.
Use Aiolos to get the most accurate forecasts for day a head and intra-day trading. Multiple models and validation tools provide the best user experience on the market.
Benefit from easy to use reports created in Aiolos Follow Up. They get key metrics on volumes, forecasting accuracy etc.
Use Aiolos for their long term forecasting in order to hedge and secure your derivate trading