First wind farm bid by Artificial Intelligence in Australia
100MW wind farm uses AMS AI to avoid negative prices, improve financial returns
On July 10th, a wind farm equipped with Artificial Intelligence software successfully navigated a wave of negative wholesale energy prices in Australia, demonstrating the power of AI to enhance the performance of clean energy assets.
Tilt Renewables’ 100 MW Snowtown 1 Wind Farm was enabled with AI software in July and selfexecuted a “precision trading” strategy that has already clearly increased total revenue from the windfarm by precisely bidding its way through a wave of extreme volatility and negative prices in South Australia.
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