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
Basic
Basic - Option 1
Learn MoreProfessional
& Feeder-Level
Professional - Option 2
Learn MoreAdvanced
Advanced - Option 3
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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.
