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

Historical data
Local weather data
Smart meter data
Dates
Zip codes

Our demand forecasting services

IntraDay

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.

NextDay

We forecast aggregated Day-ahead energy demand based on 15–60 minute residential consumption data.

LongTerm

We forecast aggregated weekly, monthly, and yearly energy demand based on daily residential smart meter consumption data.

Contact us

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

Safeguards

We have all the safeguards in place to ensure security and privacy for you and your customers

GDPR compliant

You own your customer data

TÜV certified