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New Zealand’s underlying 2017 winter power growth far higher than 2016’s

Controlling for weather effects, TESLA Asia Pacific Ltd observed 0.68% growth in New Zealand power demand this winter. This is an uptick from the slight 0.07% increase we saw last year. Observed total winter power demand increased by 1.75% from 2016 to 2017, this growth is mainly due to 2017’s winter being cooler than 2016’s....

September 8, 2017

Serving the UK’s Biggest Energy Provider

As the largest supplier of energy to the United Kingdom, Centrica’s demand forecasting needs are complex and wide ranging. The variety and magnitude of the company’s customer base represents a welcome challenge to TESLA and its demand models. Read more about how TESLA’s accurate load forecasts helped improve Centrica’s planning decisions here....

September 8, 2017

Accuracy – TESLA load forecasts continue to outperform the System Operator’s throughout the winter

This report compares both the load forecasts provided by TESLA via EMS’ em6 and the System Operator’s load forecast (at 2.5 hours ahead of real-time) against actual load observations. As does the report released by Transpower, this report seeks to separate out the conforming loads for further analysis. EMS provides a detailed load forecasting accuracy...

August 11, 2017

Accuracy – TESLA load forecasts continue to outperform the System Operator’s over tricky shoulder month

This report compares both the load forecasts provided by TESLA via EMS’ em6 and the System Operator’s load forecast (at 2.5 hours ahead of real-time) against actual load observations. As does the report released by Transpower, this report seeks to separate out the conforming loads for further analysis. EMS provides a detailed load forecasting accuracy...

May 15, 2017

CESC’s Generation Scheduling Improved

CESC is India’s first fully integrated electrical utility company. Since 1897, they have been generating and distributing power in Kolkata and Howrah. CESC owns and operates the transmission and distribution system through which they supply electricity to consumers. Read more about how TESLA’s accurate load forecasts helped improve CESC’s generation scheduling and reducing Unscheduled Interchange...

April 18, 2017

Accuracy – TESLA load forecasts reduce uncertainty by a third compared to the New Zealand System Operator

This report compares both the load forecasts provided by TESLA via EMS’ em6 and the System Operator’s load forecast (at 2.5 hours ahead of real-time) against actual load observations. As does the report released by Transpower, this report seeks to separate out the conforming loads for further analysis. EMS provides a detailed load forecasting accuracy...

April 12, 2017

Improving forecast accuracy for Mercury’s retail portfolio

Mercury is a New Zealand electricity generation and electricity retailing company. Mercury has about a 15 percent share of New Zealand electricity sales and supplies all segments of the market. All of the company’s electricity generation is renewable. Read more about how TESLA helped Mercury to improve the forecast accuracy of their retail portfolios. Mercury Case...

April 4, 2017

Helping Orion to meet service obligations to their customers

Orion owns and operates the electricity distribution network that provides power to central Canterbury. As one of the largest electricity distribution networks in New Zealand, Orion covers remote rural areas, regional towns and the city of Christchurch. Read more about how TESLA helped Orion in New Zealand to forecast uncontrolled load for load management purposes,...

April 4, 2017

Accuracy – TESLA load forecasts continued to outperform those of the System Operator for December 2016

This report compares both the load forecasts provided by TESLA via EMS’ em6 and the System Operations load forecast (at 2.5 hours ahead of real-time) against actual load observations. As does the report released by Transpower, this report aggregates conforming and non-conforming load. Future reports released by Transpower may look to separate these components as...

February 14, 2017

Accuracy – TESLA load forecasts were nearly twice as accurate as the System Operator in New Zealand

This report compares both the load forecasts provided by TESLA via EMS’ em6 and the System Operations load forecast (at 2.5 hours ahead of real-time) against actual load observations. As does the report released by Transpower, this report aggregates conforming and non-conforming load. Future reports released by Transpower may look to separate these components as...

November 30, 2016

Weather Effect Decomposition – New Zealand’s Underlying Electricity Load is Growing

Controlling for weather effects, TESLA Asia Pacific Ltd observed slight growth in New Zealand power demand during the 2016 winter. Although observed total winter power demand has dropped by 1.87% from 2015 to 2016, this contraction is only temporary as it’s the result of a milder than normal winter. When controlling for weather effects, the...

September 23, 2016

Long Range Load Forecasting – Seasonal Review: ERCOT Summer 2016

Earlier in the year, TESLA, Inc. presented our Seasonal Perspective for ERCOT coming into Summer 2016.   Our Seasonal Perspectives are intended to give an advance look at the high demand heating and cooling seasons.  They are projections of the potentiality for the peak in month, the accumulated energy over the month and the coincident...

September 9, 2016

Accuracy – Medium Term Load Forecast Trial Results: Transpower New Zealand

Transpower is the owner and operator of the bulk electric transmission system in New Zealand. In 2012, TESLA, Inc. participated in a live trial to construct a comprehensive medium term load forecasting solution for Transpower.  Their report of the results of the trial demonstrates our capacity to lead the industry in accuracy. Trial Results  ...

July 22, 2015

Accuracy – Eid Holiday Results: Saudi Electricity Company

Saudi Electric Company manages the generation, transmission, and distribution of electricity to all customers in the Kingdom of Saudi Arabia.  TESLA (Europe) Ltd have been providing load forecasting solutions for SEC since 2014.  We put particular emphasis on the treatment of holidays in our forecasting models.  SEC were particularly pleased with our ability to forecast...

July 22, 2015