Thanks to a more accurate method for weather forecasting, Xcel Energy says it has saved about $17 million, including about $7.8 million in 2011 alone, and has reduced its forecasting error by about 28% since 2009. Forecasts from WindWX (pronounced wind wicks) from Global Weather Corp. cover 168-hour periods every 15 minutes for all of…
Two firms are better than one…at wind forecast
Two firms have announced a new weather service for the wind-energy market. Global Weather Corporation provides wind-power forecasts while the new service leverages technology developed by the National Center for Atmospheric Research (NCAR) and MDA EarthSat’s weather forecasts. The wind products will let traders mitigate their hourly and short term power risks and utilities get…