Can you describe your project in a few words?

"Rebase.energy" is a digital energy startup based in Stockholm, Sweden, closely connected to the KTH (Royal Institute of Technology) ecosystem. Our vision is to accelerate the energy transition by empowering energy innovators with data and digital tools.

In the I-NEGY project, we are building the world's first open platform for energy modelling. The platform targets energy engineers and data scientists to enable them to create better energy models to forecast and optimise distributed energy systems. Two different AI models focused on wind power forecasting will be developed in the project.

Who will help implement the AI solution?

The Rebase Team will develop the AI models with the project partner Modity Energy Trading. Close collaboration with the users in the development process will ensure the usefulness and business value of the developed AI models.

What is the AI solution the project plans to implement?

The AI solution is based on two complementary solutions. Firstly, a vector autoregressive approach for short-term wind power forecasting and a multi-model blending approach to improving day-ahead-horizon wind power forecasting.