Standard Global Electricity Demand Forecasting Solutions

TESLA global electricity demand forecasting tool screenshot

The Challenge

On days when the weather shifts quickly or is hard to predict, you still have to make decisions that impact your bottom line. 

The Solution

Use our accurate, global electricity demand forecasting tools to make the most informed decisions when buying or selling in any organized wholesale market. Often, you can examine our forecast right alongside the one from the market operator for comparison. 

KEY BENEFITS

  • Be the first to know when weather events, changing conditions, and holidays will impact energy demand and get a leg up on the competition.
  • Prepare for everything; know what to expect on typically less predictable days, such as those with extreme weather.
  • Save time and money rather than dedicate staff to producing electricity demand forecasting models
  • Easily integrate TESLA electricity demand forecasts with your systems.
TESLA global electricity demand forecasting tool screenshot
TESLA global electricity demand forecasting tool screenshot

Product Features

  • Short-Range Load Forecast: View a one to fourteen-day baseline forecast, including historical data. 
  • Comparable Day Analysis: Find similar historical days to compare with your set date.
  • Temperature Sensitivity: See how the electricity demand forecast behaves when you raise or lower the temperature projection up from one to 10 degrees.
  • Weather Decomposition: Evaluate load when removing extreme weather conditions from the equation with this add-on module.
  • Weather Risk (Medium-Range Load Forecast): Explore forecasts up to 20 years in the future using historically observed weather data with this add-on module.

Optimize Your Operations with Load Forecasting

  • Traders: Whether you are a real-time, day-ahead, or forward trader, use TESLA’s load forecast to keep a pulse on market conditions and compare forecast changes to adjust your strategy.

  • Asset Managers: Use our load forecast to plan for the next day and optimize the performance of your asset portfolio.

  • Utilities: Review our load forecast to manage load obligations in your service territory.

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