KNESS team has improved the accuracy of solar power plants’ generation forecasts

PV.Forecast by KNESS is one of the most accurate systems for forecasting generation from solar power plants not only in the Ukrainian but also in foreign markets.

Our specialists are constantly modernizing the system and improving the forecasting accuracy. In 2024, the team reduced the forecasting error by 4%.

How did this become possible?

By developing new algorithms for evaluating data from various sources of meteorological projecting, as well as creating the possibility of promptly obtaining and using commercial metering data at the generation facility, the KNESS team managed to significantly improve forecasting results.  

PV.Forecast by KNESS is an effective solution that helps to significantly optimize imbalances for the SPP’s owner. The combination of AI, high-quality data, and efficient algorithms allows our team to accurately produce generation forecasts to minimize imbalances. Also, our system is easily scalable: with all the necessary data, we can quickly customize the model for a new plant.

You can check the accuracy of our system’s forecasts by using a free trial period. Fill out the form here: https://trading.kness.energy/en/form/