Products
We believe in our products so much, we're willing to set up a trial customized to your needs at no charge.
We provide fast, highly accurate forecasts and weather effects analysis to energy utilities and traders on intervals ranging from sub-hourly forecasts to strategic horizons.
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TESLA products are currently being used by our clients around the world to provide: - Distribution models
- Supply models
- Area models
- Total Grid System Demand (TGSD) models
- Hedging contract models
- Circuit-level models
- Trading models
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Read more about modelling.
Read more about modelling.
Our products are available in multiple computing environments, including as a desktop application, a web application, as a network server, or as a component integrated within a larger system. We can create a customized trial of our products for you at no charge. Contact us for details.
Products and Features
Different clients have quite different needs.
Distributors, grid operators, wind generators, district heating operators, traders.... With our mix of products, models, output options and platform configurations, we can customize the right solution for you.
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TESLAPower
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TESLAPower is a comprehensive solution for electric power demand forecasting and analysis. Its capabilities include quick delivery of detailed short-term forecasts complete with automated and user-designed scenario analyses, intermediate and long-range simulations, and weather risk analysis. TESLAPower is a complete software package installed on user sites for secure control of the load forecasting process.
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TESLAGas
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TESLAGas provides forecasts of natural gas demand over multiple horizons. Like TESLAPower, TESLAGas supports both automated and user-designed scenario analyses, and is a complete package installed on user sites.
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TESLAWind
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TESLAWind forecasts short-term wind generation at the wind farm level. It is a self-contained software package installed on the user site, and gives detailed projections of power generation and analysis of system sensitivity to changing weather conditions.
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TESLASteam
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TESLASteam provides forecasts of district heating and steam delivery systems over multiple horizons.
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TESLAWeb
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TESLAWeb provides a web-based delivery of any of our other products, without compromising speed or accuracy. It allows you to access your forecasts from any location with access to the Internet. It can be hosted behind your firewall on any IIS server, or we can host a solution for you on our servers.
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All our products come with these features: - Built on the powerful TESLA Model
- Weather effects analysis and decomposition tool suite
- A wide array of easily configured output options, to include:
- Load forecast output for every hour or sub hour, scale and location of peak in the day, in-sample comparisons of actual versus forecasted, and standard error of estimate measurements
- Weather effects decomposition
- Temperature response profiles (and other weather response profiles)
- Shape of the temporal load profile around peak or "peak duration", with deformations in shape over time, and by day type and season
- Customized reports to fulfill any need
- All products are also available integrated with the SORITEC programmable econometric package, which allows the user to extend and modify the system. SORITEC has a presentation-quality graphics capability, a spreadsheet tool that facilitates data exchange with other software and a report writer/table generator, as well as a large array of statistical capabilities
- All TESLA products can be customized to integrate into user/host systems and to meet individual specialized requirements.
- All TESLA products can be configured to solve and present the forecast for multiple sources of weather data
TESLA products operate on Windows 2000/XP/Server 2003/Server 2008/Vista systems. The TESLA Model compute engine and data stores can be accessed through our graphical user interface (GUI) or directly by external components, such as an energy management system.
TESLAWeb can be installed on any IIS server on your LAN. Alternatively, we can host a solution for you on our servers, which you would access with TESLAWeb.
A TESLA solution can use its built-in MySql database, or it can integrate into your existing MySql, SqlServer or Oracle database servers.
Support
We believe all clients deserve the best support possible.
When you purchase a TESLA solution, gold-standard support is always included at no extra charge. Your support package will include personalized attention based on your needs. We use remote monitoring to guard the health of your TESLA system and will often recognize a potential problem before you do.
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Support is available at any time by: - Telephone
- Email
- Web Conference
- Onsite Visits
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Fee Structure
A TESLA solution is available either under a fixed-price contract or on a pay-for-performance basis.
Our superior forecasting accuracy allows us offer TESLA solutions on a pay-for-performance basis. Under such an arrangement, the contract contains a pay-for-performance schedule which varies our compensation according to an agreed-upon schedule. One basis for setting the compensation schedule, for example, is a measure of savings to you due to increased forecast accuracy. We will also negotiate a payment plan that is part fixed-fee and part pay-for-performance.
We welcome opportunities to demonstrate the superiority of the TESLA Model through competitive benchmarks.
Frequently Asked Questions
What makes TESLA better than alternative load forecasting tools?
TESLA solutions are more accurate than any other products currently on the market. A TESLA Model treats weather, in particular, much more carefully than other models. For instance, temperature effects are recognized to be nonlinear in nature, and the shape of the temperature response curve is itself dependent on other weather variables (eg humidity or cloud cover), recent weather history, time of day, type of day, day of week, and "calendar events."
What are the data requirements?
TESLA requires hourly observations on five major weather variables: temperature, humidity, cloud cover, wind speed, and precipitation. For best performance, it also requires recent load data, of the appropriate periodicity (hourly or sub-hourly, depending on the model periodicity).
Beyond that, though, TESLA derives most of the information it requires for a forecast from its internal data sources.
What happens if we don't keep the data up to date?
TESLA will gradually revert to producing forecasts based on seasonal normal weather, which it can access from its internal files. The TESLA Model will then capture normal daily and weekly cycles, and recognize holidays, but performance may be degraded when the weather deviates significantly from seasonal norms.
As soon as the data are updated, the forecasts regain accuracy automatically.
Aren't weather effects irrelevant for long-term analysis?
Not at all. Consider building a long-term analysis that includes typical, high-demand, and low-demand profiles.
Because the TESLA Model contains a normal weather history, the typical profile can readily be built based on normal weather and "most likely" economic and demographic projections. The model can also generate risk analyses of high-demand and low-demand scenarios based on alternative economic conditions and corresponding harsh or mild weather periods.
This sort of analysis is not really feasible without careful treatment of weather effects.
What areas it can cover?
TESLA is used for a wide variety of energy demand applications:
- Electricity: Client-specific models
- Native load
- Control zone/load responsibility
- Complex deemed take settlement data
- Distribution circuit level loads
- Load disaggregated by customer profile class
- Individual customer loads
- Electricity: Pool models, both aggregate and zonal demand
- Gas demand
- Wind power facility generation forecasting
- District heat/steam/CHP
How quickly can it be available?
A TESLA system can be delivered within thirty days after receipt of an order along with clean weather and load data.
