Montel AI: Automated electricity production & consumption forecast

Ever-evolving forecasts for your power plant

Montel AI reduces the gap between your expected and actual production. Get started with just historical data and let our automated updates save you time and money.


Power production forecast

  • Wind power (MWh)
  • Run-of-river hydro power (MWh)
  • Solar power (MWh)
  • Reservoir inflows (M3/s)

Consumption prognosis

  • Save time with automated forecasts
  • Save money by reducing your imbalance costs
  • Files sent via API or Secure File Transfer Protocol
  • Upstream power production for hydro plants

Spot price forecast

  • Model built on over 40bn data points
  • Fully automated predictions prompted by updated ECMWF weather provisions
  • Forecasts published around 12:40, 19:00, 9:00 and 11:00 CET
  • Expected load factors for wind/solar/hydro

Automatically forecast the outpower from your power plant

Montel AI's machine learning models predict generation outputs for entire power plants or individual units. Use historical data you trust along with our weather inputs to create projections that continually improve over time. Multiple daily predictions for more than 30 European price areas. Tailor our models to your project using additional data to improve accuracy. 

Assess the accuracy with a free trial.


Make efficient savings through optimised use of energy data.

More reasons to use Montel AI

As power producers seem set for greater levels of investment as part of the global green recovery from the COVID-19 pandemic, we take a look into one technology underpinning progress in the sector and see how Montel AI has been reducing costs for these generators.

Improved energy production forecasts

Our machine-learning models are seriously smart. As we input more and more data over time, the Artificial Neural Networks we use recognise more patterns, making your predictions even more accurate.

Research and development

Montel AI is at the forefront of emerging technologies. Even as your model improves your forecasts automatically, we continually refine and improve our methodologies too.

Tailored solutions for energy users

Our models are adaptable enough to account for any variables associated with your business. Whatever data you can provide, our machine learning is flexible enough to manage it.


European spot price forecasts

Businesses looking to improve profitability through automated forecasting and reporting, as well as those interested in spot price forecasts combining fundamental data and machine-learning methodologies.

Renewable generation operators | Energy traders | Energy analysts | Portfolio managers  | Production managers | Asset managers | Asset optimizers  

About Montel AI

Montel AI was founded in order to make the most out of the vast amounts of data accessible via the Montel Group. Equipped with the knowledge and drive of existing Montel Online employees, the business spun off in 2016 to focus solely on creating Artificial Intelligence models.

We want to show that automated learning processes can help businesses with all kinds of challenges continually improve their operations, make efficiency savings, and optimise their use of data.

Check the accuracy with regular reports on how the AI models are performing.

Machine learning models that automatically forecast the outpower from your power plant.

Our spot price forecasts are based on more than 40 billion data points. Forecasts are automatically updated by new ECMWF weather provisions. Save time with automated electricity forecasting.

Talk to us to find out more

Petter Grunnreis

Bright & Montel AI

petter.grunnreis@montelgroup.com

Click here to add to clipboard

+47 92052678

Click here to add to clipboard

Mehmet Zeki Kavas

Turkey

zeki.kavas@montelgroup.com

Click here to add to clipboard

+47 405 18 401

Click here to add to clipboard