Businesswire·2025-12-09 11:45Core Insights - Spire Global, Inc. has expanded its AI-driven Power Generation Forecasts to the Electric Reliability Council of Texas (ERCOT) market, enhancing its presence in a rapidly growing energy sector in the U.S. [1][2] Company Overview - Spire Global, Inc. is a leading global provider of satellite data, analytics, and intelligence, operating a fully deployed satellite constellation that observes the Earth in real time [5]. - The company offers unique datasets and insights that help organizations make informed decisions in a changing world, with applications across various industries including energy, logistics, and agriculture [5]. Product Features - The Power Generation Forecast utilizes Spire's High-Resolution Forecast model and advanced AI-driven modeling to provide hourly predictions for wind and solar power generation [2]. - The forecasts integrate proprietary satellite data, including wind conditions and solar radiation, allowing energy traders, utilities, and grid operators to better anticipate fluctuations in renewable energy supply [2][3]. - The forecasts are designed to help manage volatility, optimize bidding strategies, and maintain grid reliability during tight conditions [2]. Market Expansion - The expansion into ERCOT represents a significant step for Spire as it aims to penetrate one of North America's most dynamic renewable energy markets [3]. - The Power Generation Forecasts are already utilized in key European markets such as France, Germany, and the UK, indicating Spire's established presence in the global market [3]. Technological Integration - The forecasts support multi-model comparisons, integrating Spire's models with external sources to provide a comprehensive environment for analysts to make informed decisions [3]. - By combining satellite observations with machine learning, Spire translates atmospheric uncertainty into actionable power generation outlooks for real-time use by traders and operators [4].