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3TIER provides forecasts for power scheduling and trading

By Paul Dvorak | September 9, 2013

3 Tier mf tool

3TIER provides forecasts and tracks power production for wind plants.

Efficient wind plant operations, energy integration, and power trading require quick decisions with substantial exposure to risk. Such decisions impact production, operational costs, and ultimately project profitability. As one of the largest wind power forecasters in the world, 3TIER says it delivers the accuracy and context needed to manage risk and optimize operations at a single project or across an entire region.

 

The company says it:

  • Forecasts 17 GW of project-specific capacity
  • Forecasts for over 43 GW of installed capacity worldwide
  • Has 95% client retention, and
  • Provides top rated customer service

For industry-leading accuracy, the company says its approach combines state-of-the-art numerical weather prediction models with statistical techniques that tune its models using the best available observations. Company developed technology lets it deliver hour, day, week, and months-ahead forecasts at a single project or across a broad production area. The company’s dynamic dashboard interface gives instant access to forecasting information for all project sites and energy regions. Users can:

  • View, download, and integrate data via an API
  • Perform scenario analysis
  • Customize data displays to the demands of client work flows
  • Get context and risk-adjust transactions with advanced verification tools
  • Access an unprecedented amount of historical forecast data

3TIER
www.3tier.com


Filed Under: News, O&M
Tagged With: 3tier
 

About The Author

Paul Dvorak

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