Solar forecasting for energy trading is a necessary tool on spot markets.
So as to accurately forecast a plant’s production, it is necessary to collect and analyse a great number of meteorological and market data. This will eventually help balance one’s renewable energy portfolio and optimise profits. Energy volumes are then bought or sold in order to match the forecasts as closely as possible. Intraday and day-ahead forecasts, for a portfolio of plants or an entire country, thus represent a powerful asset for energy trading.