When One Size No Longer Fits All – Electric Load Forecasting With a Geographic Hierarchy
As we enter the smart grid era, one-size-fits-all forecasting has officially outlived its usefulness. With the deployment of smart grid technologies, utilities now have access to hourly or even sub-hourly data from millions of smart meters.
Utilities can now predict electric load with previously unheard-of accuracy — but the value you can extract from your data is severely limited if your forecasting models are obsolete.
Learn about the creative approaches utilities are using to optimise their electric load predictions, and how to get your models smart grid-ready.