As the amount of renewable generation grows, quality forecasting is critical in order to make informed trading decisions. Origami delivers automated and scalable generation and demand volume forecasts, using our real-time machine learning technology.
► High quality real-time physical and market data
► Enhanced forecast accuracy: Utilise Origami's automated pipelines to produce real-time predictions at scale for high volumes of generation and demand
► Leverage Origami's models or run your own proprietary algorithms or models on top of Origami’s platform
► Identify imbalance in real-time: Monitor outturn against your forecast in real-time and take the most appropriate course of action
► Visualise, compare and interrogate forecasts as they change and control forecast release into your position
Real-time data is the foundation of better forecasts, faster trading and more compelling customer propositions.
Gain granular control over your data, selecting the data fields and time-series most appropriate to your use case. Our platform ingests and processes high volumes of physical and market data, from a myriad of different endpoints - SCADA and other data collection systems for asset data; prices and volumes from markets and exchanges. Raw data is cleansed, normalised and exposed via our APIs ready for use.
Enhance forecast accuracy with real-time, machine learning forecast technology.
Powered by our proprietary Machine Learning and AI technology, our platform utilises real-time data to produce enhanced generation and demand volume forecasts. Origami's platform enables our customers to utilise Origami's built-in models or to run their own proprietary algorithms or models.
Identify reaI-time imbalance and build trust in your forecasts.
Monitor your volume forecast performance, visualising outturn data against forecast to identify real-time imbalance. Rapidly interrogate and adjust forecasts to take the appropriate course of action. Integrate forecasts from any source - our customers, 3rd parties or Origami's - to compare individual forecasts and the select the most appropriate forecast for the time-series under consideration.
Stay on top of forecast change and increase confidence in your position.
Visualise, compare and interrogate forecasts as they change. Compare the current published forecast to alternative and historical forecasts, with granular control over forecast release into your position. Set thresholds at which to accept or reject forecasts, and configure notifications so that you never miss the most important changes.
Our customer needed to identify the deviations between forecasted and actual volumes to manage their imbalance costs and improve their forecasting.
Origami delivered a fully automated end-to-end forecast monitoring workflow, with easy visualisation of imbalance errors in real-time, alongside automatically calculated KPIs.
Our customer was able to:
- Spot new opportunities to mitigate imbalance costs
- Identify the deviations between forecasted and actual figures
- Identify missing or incorrect data for trouble-shooting
- Automate daily manual processes to save time and resources
- Gain more customer insight and provide them with more detailed information
