Powering Renewable Intelligence: Jungle Joins Forces with Predico

Predico is a fast-growing platform by Elia Group and INESC-TEC where renewable energy players, generators, traders, and forecasters come together to create the most accurate production forecasts through a dynamic, competitive marketplace.

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Since late 2024, Jungle has been collaborating closely with the Predico team by providing our power forecast from Toucan, to their innovative ensemble framework. 

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In a recent proof of concept run from January to May, Predico’s ensemble model - which includes an important contribution from Toucan as one of the top 10 performers - achieved a 7% improvement over the current offshore wind forecast benchmark. Most notably, the Predico ensemble outperformed the best commercial forecaster on the platform by 4.7%, highlighting the value of collaboration and accuracy at scale.

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“Jungle’s high-quality forecasts and excellent team make a valuable contribution to our mission: to create a transparent, competitive, and high-performing forecasting environment. We’re excited about what this partnership can deliver as we scale.” (Herman Carstens - Elia’s Digital Innovation Manager)

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With over 30 expert forecasters involved, many of whom are leading commercial providers, Predico is setting a new standard for transparency and performance in energy forecasting. Jungle is proud to contribute to this vision by delivering high-accuracy forecasts that strengthen the platform’s collective intelligence.

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To learn how you can also apply Toucan’s service to your operations, get in touch with our team: hello@jungle.ai