Why this use case matters
Supply and demand fluctuations are becoming more extreme and difficult to anticipate. Renewable sources, weather, and consumption patterns are all factors that make accurate projections hard to make.
Supervised Learning – demand forecasting / yield forecasting, time-series
Dynamic Linear Models (DLM), Classical Time-Series Forecasts, ARIMAX, Long Short-Term Memory (LSTM), DLMs, Neural-Networks, Prophet, Time Series Classification
Using data sources, modeling techniques, and knowledge from outside of traditional utility use cases helps energy operators balance grid frequency and achieve cost savings. For example, the integration of weather data can save utilities valuable resources in matching supply with demand.