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\n\t\t\t\t\t\tElectricity Demand Forecasting\t\t\t\t\t\t<\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tLoadFor\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>
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Introduction<\/h3>\n

LoadFor\u2122 is a software solution for forecasting of electricity load (demand). The solution is a self-learning and self-calibrating system. It is based on machine learning and uses weather forecasts and historical demand data to automatically produce very accurate electricity load forecasts. Like SolarFor\u2122<\/a>, LoadFor\u2122 is both applicable on an individual portfolio basis and on a country-wide scale. To learn more about LoadFor\u2122 on a country-wide scale, see Regional Forecast<\/a>.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>

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Why do you need \u200b\u200bLoadFor\u2122<\/h3>\n<\/div>\n<\/div><\/div>
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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tAccurate forecasting\t\t\t\t\t\t\t\t\t\t\t\t\t<\/h5>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t

An accurate electricity load forecast enables efficient planning and operation of both production and distribution as well as\u00a0trading of electricity. Accurate load forecasts are essential for transmission and distribution system operators to operate the power grid efficiently and reliably. Efficiently in order to reduce cost of standby capacity and reliably to avoid brownouts and blackouts.<\/p>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t<\/span>\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tPlan and manage\t\t\t\t\t\t\t\t\t\t\t\t\t<\/h5>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t

Electricity traders and power retailers need accurate electricity load forecasts to predict power prices, purchase sufficient electricity for their customers and avoid imbalance fees and penalties. LoadFor\u2122 automatically forecasts electricity load and requires minimal effort from the client.<\/p>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>

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Key benefits<\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>
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