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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.

Generation gone with the wind

A weeklong stretch of low wind power was broken on Wednesday evening, as a weak cold front marched across southern Australia.  The chart below shows that the National Electricity Market (NEM) has endured a weeklong stretch of low wind generation, with wind power providing around 6% of the NEM’s electricity, down from last year’s average […]

BoM declares El Niño over

The Bureau of Meteorology has officially declared El Niño over and the El Niño Southern Oscillation (ENSO) is now inactive for the first time since 2021, meaning there is no immediate sign of either an El Niño or a La Niña event. “El Niño has ended and the El Niño–Southern Oscillation (ENSO) has returned to neutral. Climate models […]

Fog blanketed Kalgoorlie on Sunday

A rare sight of fog graced Kalgoorlie in the early hours of Sunday morning, starting from around 5am, peaking just after 6am as the sun rose, and lifting by 7am as winds started to pick up.   Images (west-facing) on Sunday, April 14 AWST: (Top)- Kalgoorlie at 6:09am, and (Bottom) – Kalgoorlie at 7:14am (Bureau […]

Great week for solar

Solar output across large areas of Australia should peak this week, with many areas not expected to receive a drop of rain.  The dry week across WA, parts of the NT, SA and Vic this week comes as blocking high pressure systems prevent any major cold fronts from impacting the regions this week.  The satellite […]