Electricity Load & Demand Forecasting
How much electricity will a certain region will consume tomorrow?
System operators and distribution networks need to accurately identify the amount of electricity a specific region will consume. National energy market based on demand and supply is structured according to these identifications.
Forecasting the electricity that will be consumed is not only legislated by regulations, but also is necessary for running profitable operations. Energy produced and energy consumed should be in balance at a national level. Inaccurate forecasts cause unit cost penalties.
Day-ahead and Intra-day Demand Forecast
With our extensive know-how in forecasting, we deploy machine-learning models that analyses the time-series and gives accurate forecasts. Results are offered in our cloud-hosted SaaS interface.