Electricity load forecasting with unprecedented accuracy

NET2GRID provides utilities and grid operators tools to forecast aggregated energy demand loads with industry leading accuracy. Our solution optimizes demand planning and grid management resulting in reduced costs in energy procurement and therefor lower prices for your end users. We build detailed bottom-up models to capture every intricacy in your load shape.

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.

Forecast every application

 

With the growth of rooftop PV, electric vehicles, and extreme weather events, retail load curves are more volatile than ever. Demand and supply can no longer be planned. But they can be short-term forecasted, and their flexibility can therefore be managed.

 

Traditional forecasting models take historical monthly, daily or standard consumption profile and weather data into account.

NET2GRID's data science team combines more granular data sources. These sources include standard smart meter data to generate aggregated short & long term demand and PV production forecasts with the highest accuracy available in the market today.

With our +10 years of residential energy data expertise we routinely reduce our customer’s MAPE from 6-10% down to 1.9%, saving them millions on procurement.

 

Our algorithms predict growth indexes of residential solar production and EV electricity demand of your user base, and forecast exactly when residential demand (and PV production) outliers & spikes are going to happen so you are better and faster informed.

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

Our company is a
SAP Silver Partner