Tel Aviv, Israel, November 26, 2012 – Meteo-Logic, an innovative technology company providing highly accurate, location-based, automatic weather and power forecasts, will present new, groundbreaking prediction services for the renewable energy market at the International Eilat-Eilot Renewable Energy Conference.
At the event, which will take place on November 27–29 November in Eilat, Israel, Meteo-Logic will showcase its custom-made accurate power and weather forecasting for businesses. The service is specifically designed to meet the needs of businesses in the renewable energy market that require the highest level of accuracy in order to substantially enhance overall planning performance and profitability.
The system offers the following advantages to wind and solar farm operators:
- Highly accurate local weather forecast
- Output power prediction per wind farm turbine
- Output power prediction per solar panel farm
- Accurate assessment of power demand
Meteo-Logic’s groundbreaking technology analyzes meteorological historical data at specific weather points, focusing on understanding the relationship between the actual measurements and the short-term predictions provided for the specific location. This allows Meteo-Logic to provide detailed hourly weather and power parameters and the best predictions for any specific forecasting point and its surroundings.
Meteo-Logic’s system is used in solar and wind farms to obtain accurate short-term forecasting of weather parameters and provide accurate prediction of power production at any given time. This is done in order to meet the service-level agreement (SLA) with the relevant utility and avoid penalties arising from discrepancies between committed and actual delivery.
“The Eilat-Eilot Renewable Energy Conference is an excellent opportunity for us to present our tailor-made solutions for solar and wind energy producers,” Igal Zivoni, Meteo-Logic founder and CEO said. “Weather is the main cause of uncertainty in the renewable energy market and our highly accurate predictions can help operators dramatically reduce financial risk while maximizing profits and reducing direct and indirect expenses.”
Meteo-Logic’s service is designed to meet the specific requirements for real-time forecast add-ons for turbine management systems (TCM), turbine manufacturers and consulting companies specializing in renewable energy.