Wall Street Journal mention

20 October 2022

Solcast gets a special mention in last week's Wall Street Journal - Sustainable Business section. It is encouraging to see solar intermittency issues discussed in a mainstream news source - the cost of this problem is growing in financial impact by two orders of magnitude in this decade alone!

"Another company that is looking to help companies tackle the intermittency problem is Sydney-based Solcast, which focuses on solar farms and has clients across the world, including Tesla Inc., BP PLC and Shell PLC. It uses five satellites and weather models to track cloud cover and predict past and future solar performance.

Solcast’s co-founder and Chief Technology Officer, Nick Engerer, said the technology saves clients thousands to millions of dollars a year. 'If the electricity grid does not have good information about how much solar or wind are going to be produced over the next five minutes, few tens of minutes, next few hours, next few days, we cannot appropriately balance supply and demand", Dr. Engerer said.

Read the whole article here.

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Dr. Nick Engerer

Dr. Nick Engerer

Solcast Co-founder • Author

Nick is an expert in the field of solar radiation and distributed solar PV modelling, and has co-founded Solcast out of a sincere desire to enable others to build the solar-powered future.

Read more about Dr. Engerer's scientific papers

Solar Power Forecasting