Telvent bringing weather forecasting technology to Australia

Helsinki, July 20, 2011 — The Australian Energy Market Operator picked Telvent to implement weather forecasting technology in sixteen Eastern and Southern Australian locations to support their new energy demand forecasting system.

AEMO is an amalgamation of energy services that responds to the changing needs of a diverse and growing population by involving multiple states, jurisdictions and communities to deliver an array of gas and electricity market, operational and planning functions.

Telvent's weather forecasting product will help AEMO's system operations to manage the National Electricity Market grid by assisting with the improvements of load forecasting decisions.

Accurate temperature forecasts are a critical tool for utilities and electric market operations, determining how much energy is needed to meet consumer demand. With this technology, accurate temperature forecasts will be reliably reported to AEMO, helping to maximize the value of its current services by enabling improved forecasting of demand and network constraints, and in turn improve the forecasting accuracy of spot prices and reserves.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs