Gaiascope’s predictive analytics products eliminate old bottlenecks and barriers in the power industry, using machine learning techniques to harness big data and provide a market-leading understanding of—and forecasts for—key drivers of profitability.
Gaiascope ('Gaia') helps energy companies with software built to make the electric grid easier to understand and profit from. Gaia's software is a turnkey solution aimed at providing the most accurate, probabilistic, nodal price forecasts across timescales, enabled by (1) highly compute-efficient, modular, speedy code, (2) differentiated data, and (3) a practical approach to physical modeling and machine learning that values transparency over 'black boxes.' These price forecasts enable Gaia to offer advice on client needs such as day-ahead bidding and optimal timing of dispatch. The Gaia team is also working to expand their forecasts to enable optimal siting and hedging of assets based on projected long-term market dynamics. To prove its software works Gaia actively participates as a market participant using its own price forecasts, and has generated >40% returns so far in 2021.
