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Energy Demand and Trading Developments

Energy Demand and Trading Developments

Weatherzone has been a leader in providing high-resolution forecasts to Australian energy generators and traders for the past decade.

The focus of the company in the past 12 months has been to invest in further upgrades to our market-leading Opticast™ forecast system, whilst rolling out at a weather station network to provide our clients with the most up-to-date observations available.

Opticast™ is an hourly resolution forecast model, providing temperature, humidity, wind and solar information for use by clients that are involved in the National Electricity Market (NEM).

Independent third party evaluation of Opticast™ has shown in to be the most accurate for the NEM. This is backed up by the use of Opticast™ by the market regulator, AEMO.

To keep Opticast™ as the market leader, Weatherzone scientists are now updating this model at 10-minute intervals to capture any unanticipated spikes or drops in temperature (and other parameters), which may impact on demand.

Weatherzone’s new weather station network also provides observations at a 1-minute interval to our clients, so they know first that a heat-breaking cool change has just arrived.

Weatherzone is committed to providing the most advanced energy demand forecasts to our clients both in Australia and abroad.

Read more about our Energy Services and Opticast™.

Latest news

Satisfy your weather obsession with these news headlines from around the nation, and the world.

Summery Sydney, wintry Melbourne

It’s been one of those days when Australia’s two largest cities could hardly have been more different in terms of weather. Never mind the tedious old arguments about the food, coffee, culture, sport, traffic, scenery and the rest of it in the two cities. On this autumn Wednesday, Melbourne feels like winter while Sydney feels […]

Rainfall to soak some parched areas of WA

Rain will soak parts of WA over the coming week, although forecast models are struggling to agree on whether this burst of wet weather will bring much-needed rain to parched Perth. This rainfall will be caused by a low pressure trough extending from the Kimberley down to southwestern WA from late Thursday, with a low […]

Tassie snow, Melbourne temps go low

Snow has fallen in Tasmania, while Melbourne has experienced a dramatic temperature drop as a cold front whipped through Tasmania and southern Victoria overnight. This was the Wednesday morning scene on the slopes of Ben Lomond, Tasmania’s only commercial ski resort, about an hour out of Launceston. Not enough snow for skiing, but the cafe […]

Australia’s tropical cyclone season coming to an end

The 2023-24 Australian tropical cyclone season is almost over and while it was a quiet season based on overall numbers, some of the landfalling systems had a big impact. The Australian tropical cyclone season officially runs from November until April. During this time, we usually see an average of about 9 to 10 tropical cyclones […]