In 2017, TESLA was the only overseas firm to win among 100+ entries in TEPCO’s (Tokyo Electric Power Company) First Electricity Load Forecasting Technology Contest. This was TESLA’s first time forecasting electricity demand in Japan, providing the team with invaluable experience in this newly deregulated market. After the contest, TESLA expanded from 1 region with 1 weather station powered by a single weather forecast vendor to 9 regions with 49 weather stations powered by three different weather forecast vendors.
The official results of the contest can be found below:
Results of 1st TEPCO Electricity Load Forecasting Technology Contest (English)
Results of 1st TEPCO Electricity Load Forecasting Technology Contest (Japanese)
Results featured in The Japanese Society for Artificial Intelligence (Japanese)
Now with 10+ subscribers in Japan, TESLA is proud to be the trusted load forecast vendor in Japan. Coming soon are Solar and Wind generation forecasts to complete our service. In addition, we are providing our subscribers with valuable analysis such as the impact of the current power saving policy on electricity consumption.
Interested in learning more? Contact:
Tetsuya Totsuka – Japanese Power Forecasting Analyst – ttotsuka@teslaforecast.com
Mark Todoroff – Business Development Director – mtodoroff@teslaforecast.com