Arcus Power

Press Release- Arcus Power Integrates Climavision's AI-Driven Weather Forecasting into Nrgstream Platform

CALGARY, AB - Arcus Power, an energy intelligence company, today announced a strategic partnership with weather tech pioneer Climavision, to integrate their Horizon AI Point Forecast weather data into Arcus Power's Nrgstream platform. This collaboration will provide energy traders and market participants with critical weather insights, improving trading strategies, risk management, and operational efficiency in markets influenced by weather conditions.

Energy traders are increasingly challenged by the significant impact of weather on energy supply, demand, and pricing. Accurate and timely weather data is essential for predicting energy consumption patterns, forecasting renewable generation output, and anticipating market shifts. By incorporating Climavision's high-resolution weather data into Nrgstream, Arcus Power addresses these challenges, delivering real-time weather insights directly within traders' workflows.

"Our partnership with Arcus is a game-changer for energy traders and analysts," said Chris Goode, founder and CEO of Climavision. "By combining our advanced weather forecasting technology with Arcus' innovative intelligence software, we're empowering decision-makers with the actionable insights they need to navigate the volatile energy markets. Horizon AI Point forecasts, now available through Nrgstream, will provide traders with unprecedented accuracy and granularity in their weather outlooks, enabling them to capitalize on arbitrage opportunities and mitigate risks."

"Climavision's vision for comprehensive weather coverage across North America offers tremendous value for those looking to better manage the risks that extreme weather poses to the energy industry and related infrastructure," said Dan Erhardt, Founder and CEO at Arcus Power. "This partnership presents an excellent opportunity for our customers. We look forward to providing enhanced value wherever we can."

Climavision leverages a proprietary network of high-resolution radars, satellite observations, and AI-driven predictive models to deliver detailed weather forecasts. By filling gaps in existing weather data infrastructure, Climavision enhances the accuracy of weather predictions, particularly for severe weather events and renewable energy generation forecasts.

Industries such as utilities, renewable energy producers, and energy traders stand to benefit significantly from this integration. The Nrgstream platform will enable users to:

Improve Demand Forecasting: Access to precise temperature and weather forecasts helps anticipate changes in energy demand, leading to better trading and operational decisions.

Enhance Renewable Generation Predictions: Better wind and solar forecasts help predict renewable energy supply, key for trading in markets with high renewable energy use.

Mitigate Weather-Related Risks: Real-time monitoring of severe weather events allows traders to anticipate and respond to potential supply disruptions and price volatility.

Competitive Advantage: AI-driven weather analytics offer key insights into market trends, helping traders spot opportunities and improve their strategies.

Arcus Power's Nrgstream platform is one of North America's largest and most comprehensive power market data solutions that aggregates 100's of billion of rows of granular, real-time, and historical power market data across NorthAmerica. By integrating Climavision's advanced weather data, Nrgstream significantly enhances its comprehensive energy market intelligence.

The integration allows traders to see accurate, up-to-date weather information next to power market data. This helps them make informed decisions, identify trading opportunities, and handle weather risks in energy markets more effectively.

For more information or to request a demo of the Nrgstream platform, please feel free to reach us at info@arcuspower.com

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About Climavision

Climavision brings together the power of a proprietary, high resolution supplemental weather radar network with its cutting-edge Horizon AI forecasting technology suite to close significant weather observation gaps and drastically improve forecast speed and accuracy. Climavision's revolutionary approach to climate technology is poised to help reduce the economic risks of volatile weather on companies, governments, and communities alike. Climavision is backed by The Rise Fund, the world's largest global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. The company is headquartered in Louisville, KY, with research and development in Raleigh, NC and AI forecasting operations in Ft.Colins, CO. To learn more, visit www.Climavision.com.

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Long-term Economic Implications

The economic impacts of extreme weather on energy pricing extend beyond immediate disruptions. Utilities, market participants, and end-users all feel the effects, influencing long-term strategies and policy decisions.

For utilities, increased weather-related risks lead to higher operational costs, which they often pass on to consumers. And for end-users, rising energy costs can mean less disposable income and slower economic growth.

Climate policy also plays a crucial role in shaping long-term market dynamics. Regulatory measures can lower carbon emissions and support renewable energy. This can help reduce the effects of extreme weather on energy prices. By considering these broader economic implications, policymakers can work towards a more sustainable and resilient energy future.

Market participants must adapt to these new realities by investing in resilient infrastructure and diversifying energy sources.

Policy and regulatory considerations are also crucial. Governments play a key role in improving resilience by supporting renewable energy development, enhancing grid infrastructure, and promoting energy efficiency. These measures help mitigate the economic impacts of extreme weather and ensure stability in power markets.

Turning Extreme Weather Challenges into Strategic Opportunities in Power Markets

Extreme weather events are reshaping power market dynamics, driving significant changes in pricing and market behavior. The need for preparedness and advanced predictive tools has never been greater.

By adopting data-driven strategies, stakeholders can manage risks effectively and ensure stability in an unpredictable energy landscape. The key is to understand how weather, demand, and supply work together. This knowledge helps us make better decisions.

For energy analysts, climate policy advocates, and power market investors, the future is fraught with challenges—but also opportunities. By staying ahead of the curve, they can turn the shifting sands of power markets into a strategic advantage.