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    Energy forecasting solution - Energy & Utilities

     Info
    In the Energy and Utilities sector, AI serves as a transformative force. Through advanced forecasting models, we accurately predict energy demand, enabling efficient allocation and distribution of resources. We integrate renewable energy sources seamlessly, optimizing their utilization to meet sustainability goals. Pricing strategies are refined using AI-driven insights, ensuring competitiveness and profitability. Our AI-powered network management expertise enhances grid reliability and performance, our predictive maintenance algorithms prevent downtime, ensuring uninterrupted service delivery.
    Listing Thumbnail

    Energy forecasting solution - Energy & Utilities

     Info

    Overview

    With our AI-driven tools, we can accurately predict energy demand, enabling utility companies to optimize resource allocation and distribution strategies. By analyzing historical data and considering various factors such as weather patterns and consumer behavior, we provide actionable insights for efficient energy management.

    Use cases :

    • Optimization of energy consumption and production forecasts: Improve efficiency by aligning energy production with real-time demand.​

    • Pricing of a risk premium linked to natural disasters: Mitigate risks by predicting the impact of natural disasters on energy supply and demand.​

    • Adaptation of schedules during peak periods: Enhance operational flexibility by dynamically adjusting schedules to manage high demand periods.​

    • Adaptation of inventory management at the request of customers: Streamline inventory management by responding promptly to customer demands and fluctuations in energy needs.

    Our success stories :

    • Short-term demand and generation forecasts. We mapped the physical networks for a comprehensive asset overview, applied advanced analytics to disaggregate load data, and developed customized predictive models to anticipate fluctuations. A user-friendly web interface was implemented for real-time monitoring. This project not only addressed immediate challenges but also enhanced proactive network management, ensuring reliability and stability.​

    • Using IoT to improve local weather forecasts and optimize management artificial snow in ski resorts We collected real-time data on temperature, humidity, wind speed, and other critical weather parameters and integrated it into advanced analytics platforms to refine local weather forecasts, allowing for more accurate predictions of snow conditions and optimize the production and distribution of artificial snow. This system enables ski resorts to reduce energy consumption and ensuring optimal snow conditions.

    We are working on various AWS infrastructures (Bedrock, Q, SageMaker...) and our products rely on AWS services when creating and deploying a platform or a software for a customer.

    Highlights

    • Enhanced Energy Demand Prediction: Using AI-driven analytics and historical data, the offering accurately forecasts energy demand. This allows utility companies to optimize their resource allocation and distribution strategies, minimizing waste and ensuring efficient energy management.
    • Risk Management through Predictive Analytics: By predicting natural disaster impacts on energy supply and demand, the solution supports the pricing of risk premiums, helping companies proactively manage and mitigate risks related to unforeseen events.
    • Dynamic Operations and Inventory Management: Real-time insights enable adaptive scheduling during peak demand periods and customer-responsive inventory management, supporting operational flexibility and improving overall responsiveness to shifts in energy needs.

    Details

    Delivery method

    Pricing

    Custom pricing options

    Pricing is based on your specific requirements and eligibility. To get a custom quote for your needs, request a private offer.

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