Production management and balancing of renewables
Entelios takes over the forecasting and balancing risk of the production of renewables – mainly wind and solar. Direct marketing companies can sell their production at an index price to Entelios including a fee for managing the risk. Entelios issues a forecast every day for the next day and sells the forecasted production at the Day-Ahead auction. After the Day-Ahead auction Entelios balances out the forecast revisions 24/7/365 in the continuously traded intraday market.