Electricity load forecasting with unprecedented accuracy
NET2GRID provides utilities and grid operators technology to forecast aggregated energy demand loads with extreme accuracy. Our solution optimizes demand planning and grid management resulting in reduced costs in energy procurement. Customer clustering and targeted marketing result in engaged end-customers.
The business value calculation includes savings from
long-term load forecasting
short-term load forecasting
long-term load & price forecasting
5GW is the peak load of a typical medium-sized utility.
By increasing load forecasting accuracy from an average of 94.0% to 98.1% we help save millions of dollars annually.
Traditional forecasting models take only historical and weather data into account. NET2GRID's algorithms combine multiple data sources to produce demand and price prediction with the highest accuracy available in the market today. Our algorithms detect and predict solar energy production and EV electricity demand.
Our demand planning algorithms use
Local weather data
Smart meter data
Our demand forecasting services
We forecast aggregated Intraday energy demand in real-time for the next hours based on historic 15-minute data samples from near real-time residential consumption data.
We forecast aggregated Day-ahead energy demand based on 15–60 minute residential consumption data.
We forecast aggregated weekly, monthly, and yearly energy demand based on daily residential smart meter consumption data.
Get in touch with our
experts to learn more about
our forecasting services.
Free white paper
Learn why utilities and grid operators adapt technology
to reduce costs and engage customers.
Download our free whitepaper and discover:
Opportunities of real-time forecasting
Load forecasting technology
Forecasting of peaks and “Consumption spikes.”
Successful business cases
Why it is time to invest in accurate forecasting
We have all the safeguards in place to ensure security and privacy for you and your customers
You own your customer data