Romania’s electricity system is undergoing a profound transformation, driven by the European Union’s goal of achieving climate neutrality by 2050.
Currently, Romania’s electricity generation mix is diverse, combining traditional energy sources, such as coal, natural gas and nuclear energy, with renewable energies, mainly hydroelectric energy. In recent years, wind and solar photovoltaic energy have registered remarkable growth, positioning themselves as key pillars of the country’s energy transition.
Highlighted below are some of the main objectives of Romania’s Integrated National Energy and Climate Plan (NECP) to continue advancing the decarbonisation of the electricity system:
At AleaSoft, we offer a wide range of services to support the actors of the energy sector in Romania in this transformation process, providing solutions adapted to the new needs of the OPCOM electricity market.
Market intelligence services to boost the sustainable energy future
AleaSoft provides forecasting of energy prices for OPCOM (Romania) at a short, mid and long term.
AleaSoft provides forecasting of energy demand for OPCOM (Romania) at a short, mid and long term.
The AleaPriceShort solution generates hourly forecasts for the price of energy for OPCOM (Day-ahead auction market, DAM) of Romania, for the short term, with a 10 day horizon (from D+1 to D+10).
The AleaPriceMid solution generates hourly forecasts for the price of energy for OPCOM (Day-ahead auction market, DAM), for Romania for the mid term, with a 3 year horizon.
It includes scenario tools for fuels (Oil, Gas, Coal) and other variables used in price forecasting (CO2, exchange rates, demand, hydroelectric production, nuclear production, wind power production, etc) in order to obtain alternative price forecasting considering possible values of these variables.
The AleaPriceLong solution generates monthly forecasts for the price of energy of OPCOM (Day-ahead auction market, DAM), for Romania for the long term, with a horizon of up to 10 years. The AleaPriceLong solution is flexible, in order to adapt to the criteria of your requirements.
It includes the scenarios tools for fuels (Brent, Gas, Coal) and other variables used in price forecasting (CO2, exchange rates, demand, hydroelectric production, nuclear production, wind power production, etc) in order to obtain alternative price forecasting considering possible values of these variables.
The AleaDemandShort solution generates hourly forecasts of the energy demand of Romania for the short term, with a 10 day horizon.
The AleaDemandMid solution generates hourly forecasts of the energy demand of Romania for the mid term, with a 3 year horizon.
It includes functionalities to analyse forecast variability useful for the decision-making process, such as:
AleaDemandLong solution generates monthly forecasts of the energy demand of Romania for the long term, with up to a 10 year horizon.
The AleaDemandLong solution includes functionalities to analyse a variety of variabilities useful for the decision-making process, such as:
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