AI Powered Electricity Price Forecasting
Harnessing Artificial Intelligence to Optimise Energy Markets
Delphi’s core offering is its industry leading, AI-augmented NEM forecasting model, Volta. Through our AI-first approach Volta offers a range of benefits over conventional forecasting approaches:
48% reduction in forecasting error
Seen by comparing the average mean absolute error of all NEM states against AEMO P5 over the full 24-hour horizon.
26% uplift in live operating revenue
Volta avoids resolution drop-off by generating full dispatch-interval forecasts with a 24-hour horizon.
Over 500 MW managed across the NEM
Observed by directly comparing the total energy revenue produced by dispatch strategies using Volta and AEMO.
24-hour time horizon at 5 minute resolution
Currently supporting large-scale, multi-state battery operations with further expansion underway.
Volta’s forecasting
Although all of Volta’s features are necessary to explaining its effectiveness, its predictive accuracy is what ultimately defines it as an industry-leader.
Therefore, in order to truly appreciate Volta’s market potential, a deeper understanding of Volta’s performance results is essential.
Our Approach
At Delphi Energy, we understand AI’s potential to change the world. Resultantly, we have made it our goal to ensure that our incentives are aligned with the best interests of average consumers.
Due to this, we believe that Volta can and will be responsible for improving lives across all of Australia.