DEMAND FORECASTING

FOR ELECTRIC UTILITIES

Best-in-class demand forecasts for energy and climate transition

Innowatts’ Short-Term Demand Forecasting is built on a highly secure, automated, scalable, and stable AI-enabled platform. Backed by learnings from 45 million energy meters, it provides accurate forecasts at various levels on the system (e.g., meter, feeder, substation, or system.)

An independent benchmark study conducted by EPRI acknowledged and validated Innowatts has the most accurate demand forecasts in the industry.

The largest global data set of meter related data coupled with the fastest most progressive machine learning based models differentiates us from all competitors. 

Subscription Packages

We offer a range of subscriptions for energy marketers, utilities, and grid operators that require forecasting across their entire network. Forecasts are available on an hourly or more granular basis.

Basic

Forecast For Your
Service Territory

Basic - Option 1

Learn More

Professional

Substation-Level
& Feeder-Level

Professional - Option 2

Learn More
SOC 2 – Type I
Download our product sheet to learn more.
SOC 2 – Type II

INNOWATTS DEMAND FORECASTING KEY FEATURES

  • 30-40% accuracy improvement
  • 40% faster in adapting to changing demand patterns
  • Forecast across system, substation, feeder, and meter
  • Automated intraday to rolling 14 days ahead
  • Extreme weather scenarios
  • Compare forecasts to previous runs
  • Forecast for 15-, 30- or 60-minute intervals
  • Configurable and easy to use graphical UI

Leverage data to improve forecasting accuracy across your network

Our models are informed by insights from over 45 million meters, which means we can do more with your data. Amplified via machine learning techniques, our insights empower smarter business processes and decisions. Our product modules can be added in the best way to suit your needs, quickly and easily.

EPRI: Innowatts Consistently Outperforms Other Leading Forecasting Platforms

In September 2020, an independent study performed by the Electrical Power Research Institute (EPRI) found the energy forecasting models provided by Innowatts consistently outperformed six other leading forecasting platforms.

core data analytics

READY TO
START THE JOURNEY?