A computer program product for prognosticating an electric power output from a renewable power production facility and converting the electrical power output into a unit of premier power configured for sale on a market, comprising computer readable instructions that when executed on a processor perform steps of:
- receiving at least one of meteorological and oceanographic data from a forecasting and data analysis system;
- receiving other data from at least one sensor positioned locally to the renewable power production facility;
- predicting an electrical power output from the renewable power production facility from the at least one of meteorological and oceanographic data and the other data;
- and
- converting the predetermined power from the renewable power production facility to the unit of premier power for application to a power grid, said unit of premier power being configured for sale on a market.