10/29/2024 Reducing Imbalance Costs with EURO1k: Up to 20% Savings The share of renewable energy in the electricity grid is growing, but the intermittent nature of solar and wind power is driving up balancing costs and increasing financial risks for companies. A major European energy company recently found that the EURO1k weather model from Meteomatics reduces imbalance costs by up to 20%, significantly outperforming other models. See how EURO1k performsGrid Stability and Imbalance Costs in...
