Parts of our expert team are going on a European tour to teach about energy forecasting at six free seminars/workshops. Are you working with electricity retail trading or renewable energy sources? In such case, this is the event for you!
During a full day, our experts on short-term energy forecasts share their knowledge on data handling, modeling, multiple weather forecast input, forecast weighting and validation, forecasting techniques and much more. Learn all about Europe’s leading forecasting tool, Aiolos Forecast Studio and how to use it to get the best possible accuracy for your intraday, day ahead and mid-term forecasts of electricity load as well as for wind power, solar and hydro generation.
“Tests has proven that Aiolos Forecast Studio used as a hub for forecasts always improve the accuracy compared to the single solution previously used. Come and learn how! “
Head of Model Development
09.30 - 09.50
Welcome + Coffee
Welcoming session with short introduction of the team behind the forecasting tool used by six TSO´s and fifty traders/RES-companies in Europe.
09.50 – 10.20
Automatic or Manual forecasts with Aiolos Forecast Studio
Step by step, how to make an demand load forecast using Aiolos Forecasting Studio, how to validate it with historical data, by weather simulations and more.
10.20 – 11.00
Model theory – What give the best forecast accuracy?
Explanation of the theory used in the nine different models included in Aiolos Forecast Studio.
11.00 – 11.30
Automatic optimization of forecasting models
Compare historical forecasts with back-cast simulations to optimize the forecast accuracy.
11.30 – 12.00
Create your own model algorithm using AioLab programming
Do you have an idea on a possible model improvement? Implement your idea in AioLab and try it out!
12.00 – 13.00
At conference facility
13.00 – 13.15
Multiple weather forecast for the best accuracy
Aiolos Forecast Studio include a superb weather package from nine of Europe's most renowned institutes. Learn how to automatically run five of them simultaneous to improve your forecast accuracy.
13.15 – 14.00
Weight/Evaluate Internal and external forecasts for best accuracy
The forecasts produced by the internal models weighted together with forecasts from your current provider.
14.00 – 14.15
Integration of market data from the exchange
How to use the automatic connection to external data sources such as market data from your trading exchange.
14.15 – 14.45
Help by automatic monitoring of data feed
Working with years of historical data divided on hundreds or thousands of forecasts series is a challenge. Add on weather forecasts, observations, day types etc and it became even harder. Learn how to set up automatic filters to catch, and alert you on erroneous data.
14.45 – 15.15
AioConfig: Automatically synchronize Aiolos with external data sources to keep up to date with lost and won customers in your portfolio. Automatically find closest weather stations. etc
(15.15 – 16.00)
Optional Workshop: Q&A about Energy Forecasting
Ask the expert panel anything you want about forecasting, and network with the other attendees.