Coupled spot markets · PV · Storage
What is in production today · last updated 2026-08-31·4 zones with published calibration·1 plant in the registry·37 documents issued with a fingerprint

Check us before you believe us.

15-minute price forecasting and bankable financial modelling for Romania, Bulgaria and Hungary. Every document carries a fingerprint the lender verifies alone. The engine's error is published monthly — including the months we get it wrong.

Price forecasting — RO, BG, HU live. Greece is published and sits below target: the figures are there, with the measured reason. Financial modelling — RO.

voltaraj.com — Day-ahead forecast
Spot · D+1 · 15 min EUR / MWh Export Excel ↓ 200150 100500 P10–P90 P50 realised 00:0006:00 12:0018:0024:00

The 20-year price level is bought from Aurora, AleaSoft or Afry — we do not sell it, we import it and attribute it: provider, version, interval, extraction date, fingerprint.

Operational volume forecasting exists in Romania too. Price forecasting does not.

The document your bank reads is bought by the hour from a Big-4 firm — and cannot be verified after it is issued.

We do the second and the third, on the same engine, with the error published.

78.3%
Published band coverage
frozen RO day-ahead forecast, over 54 scored days. The target is 80%; we publish the figure when it is below, too.
Median imbalance cost
Published at 15 plants in the registry. Today there are 1. The slot stays empty until then — it is not filled with something else.
37
Documents with a verifiable fingerprint
anyone can verify one, offline, without us.
What Voltaraj answers

Three questions. One platform.

Every renewable investment comes down to the same three unknowns. Voltaraj was built to answer them — with numbers you can defend in a credit committee.

01 · Price

What will energy cost tomorrow?

Probabilistic forecast of the day-ahead market at 15-minute resolution — 96 slots a day, with calibrated P10/P50/P90 bands, for tomorrow and the day after.

02 · Production

What will the plant produce?

Two engines: a machine-learning model for plants with production history, and a physics engine for any greenfield site — from coordinates, tilt, azimuth, trackers, bifaciality.

03 · Bankability

Is the investment worth financing?

A full financial model: DSCR, project and equity IRR, NPV, payback, tornado sensitivities — for PV, storage, or hybrid projects.

Price forecasting

A band, not a guess.

Most forecasts give you one line and hope. Voltaraj gives you a calibrated interval: the P10–P90 band is calibrated to a coverage target, and the rate it actually achieves is published monthly — including the months it falls short — so you can plan for the bad day, not just the average one.

  • Trained on ENTSO-E renewables & load forecasts, fuel prices, carbon
  • Falls back to a weather-driven model when ENTSO-E data is late
  • Spot prices entirely from ENTSO-E (as reported by the market operator), in each market's own currency; for Romania, converted to RON at the official NBR rate
forecast · D+1updated daily 09:40 EET
18014010060 00:0012:0024:00 P50 @ 19:00 → 142 €/MWh
PV production

From coordinates to kilowatt-hours.

No production history? No problem. The physics engine computes hourly output from first principles — solar geometry, irradiance decomposition, panel temperature, trackers with backtracking, bifacial gain, inverter clipping. Got a bankable yield report? Voltaraj calibrates to it and matches its annual figure.

  • Works for any site: latitude, longitude, capacity, mounting
  • Calibration anchor to PVsyst / RatedPower reports
  • Validated against a formal report at ~1% on specific yield
pv_physic · greenfield site46.33 N · 24.28 E · tracker
inverter limit · DC→AC clipping 05:0013:0021:00
Financial model

The numbers your lender asks for. All of them.

One engine for PV, storage, or hybrid: P&L, debt schedule with grace period and cash-sweep, minimum and average DSCR, project and equity IRR, NPV, payback, EBITDA margin. Plus a tornado chart showing which variable actually moves your NPV — so you know where to negotiate.

  • Every input configurable: CAPEX by category, OPEX, financing, degradation
  • Battery arbitrage priced on real economics: cycle wear vs. captured spread
  • aFRR revenues computed from real balancing-market data, not assumptions
finmodel · PV 20 MW + BESS 10 MWhhorizon 15y
DSCR min 1.34x Equity IRR 14.2% NPV @8% €4.1M Payback 7.8y NPV sensitivity (tornado) Capture price CAPEX Interest rate Degradation OPEX
Deliverables

Reports you can attach to the credit file.

Every analysis exports as a formatted HTML report and a structured Excel workbook — in English and Romanian — with charts, assumptions, and the "where does 100 RON go" waterfall. Built to be read by a credit analyst, not just an engineer.

  • Standalone storage and PV+battery investment reports
  • Full assumption trail — every number traceable
  • One click, 48 hours max on custom orders
report_2026-07-08.xlsxEN · 6 sheets
Summary P&L DSCR Sensitivity YearRevenue EBITDADebt svcDSCR 20273,412,8002,730,2401,988,5001.37x 20283,371,8502,694,1201,988,5001.35x 20293,331,3902,658,4301,988,5001.34x 20303,291,4102,623,1701,988,5001.32x DSCR min 1.32x · avg 1.41x — covenant 1.20x ✓
The honest part

What we will not pretend.

Forecasting is a probability business. Anyone selling you certainty is selling you a story. Here is exactly where our numbers stand — and where they don't.

AccuracyThe physics engine is ±10% for screening.

Good enough to compare sites and kill bad projects early. For a figure you take to a bank, we calibrate against a formal yield report — and then we match it to ~1% on specific yield. Screening and bankability are different jobs; we tell you which one you're getting.

Data realityENTSO-E data is sometimes late.

When it is, Voltaraj doesn't forecast blind — a source gate automatically switches to the weather-driven model. It's designed behaviour, and the report tells you which source was used. No silent degradation.

Storage economicsWe assume you won't capture perfect arbitrage.

Our battery models use ~85% round-trip efficiency and a ~70% capture factor versus perfect hindsight — and a cycle only runs if the forecast spread beats the wear cost. Optimistic spreadsheets are how storage projects die.

Advisory, not tradingVoltaraj plans. You decide.

The trading planner produces dispatch schedules, bid curves and aFRR thresholds as decision support. It does not place orders, and we don't claim it replaces your trader — it makes them faster and harder to surprise.

CurrencyWe do not convert the uncertainty band.

Forecasts on coupled markets are natively in euro. If you want the figure in local currency, we convert P50 and declare the rate, the date and the source — the local central bank, not a cross rate. The P10–P90 band stays in euro: that is where coverage is measured, and an interval multiplied by a spot rate no longer covers at the same rate in the other currency. By how much less depends on the currency’s volatility — and we have not measured it, so we do not claim it.

For banks & institutions

On-prem. No data, API only.

Project-finance desks can run Voltaraj entirely inside their own perimeter. The financial engine receives configuration objects and revenue figures, and returns DSCR / IRR / NPV — it never sees your client data, and your data never leaves the building.

Isolated by design

The computation engine is stateless and session-safe — no shared global state, no cross-contamination between analyses, no access to the raw market-data warehouse.

Security baseline

TLS everywhere, bcrypt password hashing, TOTP two-factor authentication, HMAC-signed webhooks, Bearer-key API access, and a firewall that exposes exactly three ports.

Licence & SLA

Annual on-prem licence with support, model updates, and training for your credit analysts. Book a call →

Pricing

Four products, each with its state.