Archive

TESLA and Solcast team up to bring more accurate demand ‘Nowcasting’ to South Australia

With South Australia’s increased dependence on renewable energy, accurate forecasting has become extremely critical. TESLA and solar radiation data experts Solcast have tackled this task with a new forecasting methodology. Read more about the project here....

June 26, 2020

Arizona Public Service’s Day Ahead Trading Improved

APS is the largest electric utility in Arizona, United States. With 6,500 MW of generating capacity, APS serves more than one million customers in 11 counties throughout most of the state. From APS’s perspective, power generation from rooftop PV is essentially negative demand, contributing to the duck curve in APS’s daily load profile. Significant challenges...

October 28, 2019

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

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

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

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