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Spin-off

HelioSwitch S.r.l.

Year of incorporation

2019

Field

Energy markets.

Activity

HelioƧwitch turns energy forecast uncertainties into a valuable asset.

Services

HelioƧwitch offers an innovative cloud-based service to support optimal dispatching of demand and generation flexibility via energy markets probabilistic modeling and weather forecast uncertainty propagation. In a nutshell, the approach could be divided in two steps:

  1. adoption of probabilistic ENSEMBLE weather forecast to quantify the non-gaussian, non-symmetric uncertainties in energy forecasts
  2. implementation of Monte Carlo and Bayesian Machine Learning to consistently combine model and input uncertainties into energy forecast estimates 

Target Market

Energy, Utilities, Flexibility aggregators (i.e. Balancing Service Providers).