SOLUTIONS

4.0 TECHNOLOGIES TO MAKE YOUR BUSINESS SMARTER AND MORE PROFITABLE

Gas and Energy Load Forecasting

Forecasting of gas and electricity demand for energy distributors

Accurate forecasting of natural gas and electricity consumption at a very granular level is of great importance to utilities.

The ORS solution enables distribution network modeling and flow optimization, it considers high seasonality, events, shifts and regime switching conditions and it relies on various consolidated and cutting-edge techniques based on time series analysis (univariate and multivariate), dynamic models and neural networks algorithms.

The benefits of our software are higher precision gas and electricity consumption forecasting, distribution optimization and lower network unbalancing penalties.

Features

  • Aggregated or single point Analysis

  • Sophisticated Statistical and Hierarchical Modeling

  • Scenario Generation

  • Common Pattern Recognition

  • Big Scale Analysis, Cascading Clusters Generation

  • Typical Seasonality Patterns Identification

  • The platform can easily be customized through scripting language

Benefits

  • Unbalancing penalties strongly reduced

  • High precision forecasting

  • Better planning