Meandair welcomes new customers in Energy Trading sector to Nowcasting advantages

Meandair Nowcasting technology has proved to give energy traders a competitive advantage.

Meandair recently added MWH Energy, Vandebron and NieuweStroom to its growing portfolio of companies active in the energy (trading) segment.

By using Meandair, changing weather conditions can be forecasted quicker than through traditional numerical weather predictions, giving energy companies and traders an edge over their competitors.

With accurate short-term forecasts of wind and solar production, traders and energy producers can optimise their positions in volatile markets, reduce imbalance costs, and take advantage of short-term price fluctuations.

As renewable energy continues to increase its share in the grid, access to real-time and hyperlocal forecasts becomes a decisive factor for profitability and risk management.

Meandair provides raw, high-resolution, numerical datasets. These allow our customers to model entire regions, integrate weather data directly into their trading algorithms and design strategies specific to their portfolio and market position.

Whilst Meandair provides all its datasets, energy companies and traders have taken a specific interest in its following datasets

• Global Horizontal Irradiance (solar)
• Wind speed
• Wind direction
• Wind gusts
• Icing
• Temperature