AleaSoft Energy Forecasting

About

Founded in 1999, AleaSoft Energy Forecasting is a renewable energy company headquartered in Madrid, Spain specializing in Solar, Wind, Hydro.

AleaSoft Energy Forecasting was founded in Barcelona in 1999 as a result of research projects in energy forecasting. The company provides forecasting and market analysis services for the energy sector, specializing in renewable energy sources including wind, solar photovoltaic, thermosolar, hydroelectric, and cogeneration. Services include price forecasting for electricity markets, gas demand forecasting with horizons up to 40 years, renewable energy production forecasting, and a marketplace for renewable PPAs and assets. The company uses a proprietary methodology combining Artificial Intelligence, time series analysis, and statistical models. AleaSoft serves TSOs, utilities, traders, retailers, large consumers, renewable developers, investment funds, and banks. The company reports that 85% of electricity traded in the Spanish wholesale market uses AleaSoft forecasts as reference. Present on four continents across more than 45 markets.