When forecasting gas demand, the network must always be optimally utilized. For objective predictions, short-term, fine granular data can be analyzed on an hourly and daily basis. It should also be taken into account that the current weather has an influence on the energy demand. How much energy demand should we expect in the next few weeks?
prognostica provides an automated online forecasting system, which once a week generates daily gas forecasts for the coming weeks. The forecasts are based on historical gas demand data, taking into account multiple seasonalities, as well as weather data. Best and worst case estimates are provided with the help of prediction intervals.
You can download a detailed use case on the topic “Energy Forecast” in German: Download Energy Forecasting Case Study (German)
Are you interested in one of our use cases and would like to discuss it with Tina Geisberger? Contact her to find out how we can assist you.
Senior Account Manager - Tina's passion and expertise are use cases and she is eager to work with you to specify which of our use cases fit your situation. Through her years of professional experience, she knows how important it is to listen carefully to find out how our predictive analytics solutions can simplify your day-to-day work. She is extremely solution-oriented and welcomes any challenge - what does yours look like?
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