Company profile

HelioSwitch

Turning energy forecast uncertainties into your most valuable assets

Industry
Software Development
Employees
7
Headquarters
Milano, Italy
Founded
2019
LinkedIn followers
757
Office locations
1

HelioSwitch company summary

HelioSwitch is a company in the Software Development industry, headquartered in Milano, Italy, founded in 2019. On LinkedIn the company has around 7 employees and 757 followers. Its listed specialties include power forecast, energy markets, probabilistic modeling.

What technology does HelioSwitch use?

No technologies detected yet. Warmrank rechecks company websites on a rolling basis.

About HelioSwitch

HelioSwitch 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. Power forecasting plays a critical role in the operation and planning of power systems. They guide Balancing Responsible Parties (BRPs) and Balancing Service Providers (BSPs) decision making in commitment and dispatch. An imperfect forecast causes an extra cost known as imbalance cost. Unique differentiators of HelioSwitch are the approach capable to consistently combine model and input uncertainties into probabilistic energy forecast estimates, then turning uncertainty into a valuable asset to reduce imbalance cost. Furthermore, with HelioSwitch’s Bayesian approach the forecasts are updated to include “on-the-fly” updated meteorological forecast and “real-time” smart meter readings.

Specialties

power forecastenergy marketsprobabilistic modeling

Where is HelioSwitch located?

HelioSwitch lists 1 location.

Milano, Italy, ITHQ
Via Durando, 39

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Frequently asked questions about HelioSwitch

What does HelioSwitch do?

HelioSwitch 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. Power forecasting plays a critical role in the operation and planning of power systems. They guide Balancing Responsible Parties (BRPs) and Balancing Service Providers (BSPs) decision making in commitment and dispatch. An imperfect forecast causes an extra cost known as imbalance cost. Unique differentiators of HelioSwitch are the approach capable to consistently combine model and input uncertainties into probabilistic energy forecast estimates, then turning uncertainty into a valuable asset to reduce imbalance cost. Furthermore, with HelioSwitch’s Bayesian approach the forecasts are updated to include “on-the-fly” updated meteorological forecast and “real-time” smart meter readings.

How many employees does HelioSwitch have?

HelioSwitch has around 7 employees on LinkedIn.

Where is HelioSwitch headquartered?

HelioSwitch is headquartered in Milano, Italy.

When was HelioSwitch founded?

HelioSwitch was founded in 2019.

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