For agents operating in the energy sector, there are two aspects that are fundamental: having good forecasts and perform a good optimization.
Over the course of 22 years of history, AleaSoft has developed projects for the automatic optimisation of production management or efficient planning of electricity generation facilities.
Both producers and consumers need forecasts to optimise their resources and maximize profits. AleaSoft’s optimisation tools help define the optimisation strategy for:
Accompanied by experts in the energy markets
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Forecast made in November 2010 of the prices of the electricity market in Spain. The graph shows the success of the forecasts and the confidence bands. An important aspect to consider is that price ranges around the expected value. This feature will continue to be maintained in the future, so the importance of the quality of the forecasts and the associated probabilities.