Electricity
We’ve been forecasting demand for electric power since our inception. That experience allows us to craft accurate, reliable, and comprehensive forecasting solutions for clients in the electricity sector. We can build solutions to forecast across all horizons, from one hour ahead to one day ahead to ten years ahead, and across all load sizes, from control zones to grid exit points to individual meters. At the core of all of our solutions is a TESLA Model custom built specifically to forecast your load.
Short Range Load Forecasting
We harness the power of the TESLA Model in conjunction with weather forecast inputs to generate highly accurate short range load forecasts. Our short range load forecasts are accompanied by a host of tools to help you craft the best possible understanding of the near future of your electric power demand. Read more…
Medium & Long Range Load Forecasting
For longer forecast horizons, traditional weather forecast inputs are not reliable. Our solutions leverage the history of observed weather for a given load area to inform a range of possibilities of the future. That range of possible weather futures corresponds to a range of possible load futures, from which we can extract and present informative percentile forecasts. Read more…
Probabilistic Load Forecasting
Forecasting naturally involves a great deal of uncertainty stemming from a variety of sources. We can help you quantify that uncertainty using weather forecast ensembles and/or probability distributions to construct more meaningful confidence intervals around your short-range load forecasts. Read more…
Wholesale Markets
We offer immediately accessible and highly accurate forecasting tools for most of the organized wholesale power markets in North America, Europe, and Asia Pacific. Read more…
Weather Effect Decomposition
Not only can the TESLA Model be used to look forward, but here we use it to look backward and weather-normalize observed load to smooth out the peaks and troughs associated with deviations from seasonally normal weather. The resulting weather adjusted load series gives a more accurate picture of underlying growth trends. Read more...
Delivery Options
We aim to make accessing your forecasting solutions as easy as possible. We are happy to host the solutions for you, freeing up your hardware and personnel resources, and provide access over the internet. Our solutions can also be installed and run on your hardware and supervised by your personnel. Either way, you will always receive the same high level of support from our staff. Read more...
Free Trial
We’re confident in our methods, our applications, and our people. We invite you trial our services at no cost. If you’re not convinced that our services are the most accurate, reliable, and comprehensive in the industry, there is no obligation. Read more…