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Meteo-Logic Ltd
Moshe Sharet 22, Ramot hashavim, Israel 45930 , hashavim, , Israel

Memberships : NA
Industry : Energy
Basic Member
Since Mar, 2015
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About Company

Meteo-Logic provides customized forecasting solutions to the energy industry, based on unique machine learning algorithms. Our solutions help energy generators, Independent System Operators (ISOs), energy retailers, traders and other players in the energy ecosystem to avoid penalties, maximize profit, and manage energy and pricing needs effectively.

The major shift from physical to financial energy trading requires a new set of tools in order to gain a competitive edge in the market, Meteo-Logic’s state-of-the-art technology let’s you peer into the future and take an educated position.

Meteo-Logic’s unique algorithms predict price output directly over the price behavior in the past, rather on try to guess the spread between supply and demand.

This direct approach eliminates potential points of error and leads to a highly accurate forecast. To accommodate intraday energy fluctuations, Meteo-Logic can integrate directly with the trade floor for real time observations, and produce highly accurate hour by hour price forecast

Besides being more accurate than other methods, ours is simple to implement: it requires no on-site measurements and relies on hard weather data, only. It’s so easy to get started, we can have you up and running in a matter of days.

Meteo-Logic provides custom-made accurate short term Power and Weather forecasting for businesses in the renewable energy sector that require the highest level of accuracy in order to substantially enhance overall planning performance and profitability. 

Meteo-Logic’s forecasts are based on an innovative algorithm, using a non-linear qualitative prediction (KNN – K Nearest Neighbors) allowing our customers to manage risks, reduce costs and maximize profitability. 

We offer the following services: 
- Output Power forecast per wind farm and turbine 
- Output Power forecast per solar farm 
- Accurate assessment of Power demand 
- Highly accurate localized Weather forecasts 

Meteo-Logic’s services are specifically tailored for companies, utilities and consultancies operating in the following fields: 

- Wind farms 
- Solar energy production 
- Energy retailers 

Our groundbreaking technology analyzes meteorological historical data at specific points, focusing on understanding the relationship between the actual measurements and the short-term predictions provided for the specific location. This allows us to provide hourly detailed weather and power parameters and the best forecasts for any specific Forecasting Point and its surroundings. 

In addition to sophisticated statistical adjustments, the Meteo-Logic model uses advanced proprietary technology to find a correlation between synoptic conditions and actual measurements.

Company NameMeteo-Logic Ltd
Business CategoryEnergy
AddressMoshe Sharet 22, Ramot hashavim, Israel 45930
hashavim,
Israel
PresidentNA
Year Established2011
Employees50
MembershipsNA
Hours of OperationNA
Company Services
  • Short Term Power Prediction
  • Power Big Data Analysis
  • Localized Weather Forecasts
  • Wind Farm Power & Weather Forecast
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