Case Studies

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

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 – 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

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

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 this 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 load has...

September 23, 2016