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Forecast Booster
Reduce energy management risks and wholesale procurement costs.
Improve demand forecasting accuracy based on smart meter data.
Tap into unprecedented accuracy
Savings per year
per 5GW peak load by increasing
the accuracy from 94% to 98,1%
The business value calculation includes savings from
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long-term load forecasting
-
short-term load forecasting
-
long-term load & price forecasting
5GW is the peak load of a typical medium-sized utility.
Reduce energy management risk and imbalance costs
Save millions on imbalance costs yearly by reducing your Median Average Percentage Error from 6-10% down to 1.9%.
Proven results when comparing our approach with our customer's forecasts.
Identify the effects of
renewable energy used & produced in your customer base
More accurately identify individual loads and growth trends from solar production, EV, and heat pumps than standard consumption profiles can.
NET2GRID's demand planning algorithms use
Historical data
Local weather data
Smart meter data
Dates
Zip codes
Why NET2GRID's Forecast Booster?
NET2GRID's unique bottom-up approach aggregates the individual prosumers
Optimisation of standard demand profile correction factors
Forecasts extrapolated to your whole customer base
Day-ahead, week-ahead, and long-term forecasting
Now is the 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
ISO certified
NET2GRID is a
SAP Silver Partner
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