Omnienergy
Table n.20

Omnienergy

Your Forecasting AI

Start-up of ITA - Italian Trade Agency

ITA - Italian Trade Agency

Start-up

omni-energy.it/en/home-page

Description

Omnienergy develops artificial intelligence products to make the energy market more efficient, sustainable and profitable. Our mission is to revolutionise renewable energy forecasts, in order to accelerate energy transition. Our first product, Orchestra, forecasts the energy produced by solar and wind power plants up to the 36-hour time horizon. Its main application is in the Short-term Spot Power Markets - Intraday Market and Day-Ahead Market, with performances up to 50% better than competitors


Our products

Orchestra - The best in class in energy forecasting

Orchestra - The best in class in energy forecasting

Orchestra is our innovative Artificial Intelligence product. It is characterized by a meta-model (the ‘Orchestra Conductor’) that leverages the outputs of several underlying models (the 'musicians'), to provide optimal energy production forecasts for wind and photovoltaic power plants. Depending on the circumstances, the Conductor chooses in what proportion to rely on individual musicians, enhancing a chorus of musicians or a solo voice. More accurate estimates of energy production mean lower imbalance charges, and Orchestra enables these charges to be reduced by more than 20 percent. The key features of Orchestra are: increased profits due to superior forecasts that lower imbalance charges a user-friendly dashboard with standard APIs for programmatic access rapid integration into new renewable plants in less than 2 weeks ability to integrate with pre-existing solutions during the trial phase