ETSI was founded in 2022, and provides specialist forecasting services for the energy industry.
In early February 2024, we (at Global-Roam Pty Ltd, providers of this WattClarity service) were pleased to be able to come onboard as a shareholder of ETSI – in order to assist the company grow the scale of its operations in provision of accurate self-forecasts to Wind Farm operators in the NEM.
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
Taking a guess at frequency need to earn a positive causer-pays factor through self-forecast biasing appears at-best uncertain in the intervals we review.
A sequence of afternoon intervals stand out because the forecast appeared to be biased low – self-forecasts suddenly dropped roughly 30-40 percentage points and then increased a short time later.
Following from the release of GenInsights21, in this article we look at some of what that analytical publication can help us understand, in terms of how the changing market is impacting on the role that renewables will increasingly play in the NEM in the years to come.
It was now just over 5 years ago when Marcelle wrote ‘Not as simple as it appears – estimating curtailment of renewable generation’. This week’s invocation of the ‘N-DPWG_63_X5’ constraint set provides a great case study to illustrate some of the complexities!
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