Gaiascope
Gaiascope, a B2B company based in Boston, offers the Terra software platform, enhancing the profitability of renewable energy asset owners through advanced grid modeling and trading optimization.
Company History
Founded as part of Y-Combinator's S19 batch, Gaiascope has established its presence in Boston, MA, USA, while also operating remotely. With a focused team of 9, Gaiascope has been dedicated to transforming the renewable energy sector through advanced software solutions. The company's roots are deeply embedded in leveraging artificial intelligence to elevate the efficiency and profitability of renewable energy assets.
Services
Gaiascope offers a software platform named Terra, designed to improve the profitability of renewable energy asset owners. Terra provides superior grid-wide modeling, forecasting, insights, and bid recommendations. By combining artificial intelligence with traditional power flow modeling and trading optimization, Terra delivers unparalleled predictive capabilities essential for strategic trading and dispatch decisions in the renewable energy sector.
Products
The primary product offered by Gaiascope is Terra, a comprehensive software solution for renewable energy asset owners. Terra forecasts over 3.8 million data points daily, including price points, generating units, bus-level loads, and transformer flows. Annually, it forecasts 1.4 billion data points. The platform is currently available in ERCOT, with planned expansions to MISO and CAISO in 2024. The software continuously improves and adapts through a quant fund that trades electricity, ensuring optimal performance and accuracy.
Industry Focus
Gaiascope operates within the B2B sector, specifically targeting renewable energy. The company serves regions including the United States of America, America/Canada, and fully remote locations. By providing AI-driven, client-centric bidding, offering, and dispatch recommendations, Gaiascope significantly enhances electricity price forecasting capabilities for renewable energy asset owners. The focus is on maximizing operational efficiency and market competitiveness.
Technical Capabilities
Gaiascope's Terra platform employs a proprietary approach that combines AI, traditional power flow modeling, and client-specified risk and strategy limits. This methodology facilitates probabilistic forecasts for various price points across the ERCOT electricity market. Terra's advanced process encompasses data mastery, predictive analysis, grid digital twin creation, localized forecasting, scenario simulation, congestion analysis, price adder calculation, and generation stack analysis. These capabilities ensure precise and actionable insights for renewable energy traders.