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SAS Energy ForecastingSAS

SAS Energy Forecasting enhances load forecasting by utilizing extensive data sets, improving accuracy, and reducing uncertainties. It integrates with existing systems, supports automation, and offers scalable, transparent, and defensible results for better decision-making and operational efficiency.

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Vendor

SAS

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Operate more efficiently and effectively at all levels of decision making with a broad range of automation, scalability, statistical sophistication and transparency built on our experience working with hundreds of utilities worldwide.

Get forecasts that reflect business realities, and plan future events with confidence.

The changing nature of the grid requires a forecasting platform capable of ingesting massive data sets to provide insights down to the circuit level. SAS Energy Forecasting has been proven to provide granular insights based on these massive data sets. Through repeatable, scalable, traceable and defensible results, the solution improves forecasting performance across all locations, at any level of aggregation. Forecasts are transparent and documented for sharing with internal partners and third-party stakeholders, enabling you to avoid millions of dollars in regulatory fines.

Use all your data to maximize investments in smart meters and advanced metering infrastructure.

Make better predictions about energy demand by building accurate predictive models based on more data from more sources, including smart meters and other IoT-connected devices. Automatically track model accuracy, and easily update models to reflect changes. High-performance computing options enable you to handle increasingly large volumes of data efficiently. You can make discoveries, solve complex problems, and deploy accurate results and information across the enterprise faster than with traditional technologies. The solution also integrates with your existing systems, including data warehouses, ERP systems, GIS, CIS and more.

Do more – better – with existing planning and forecasting resources.

Designed for a broad range of users, the solution offers automatic, configurable and manual modes so you can produce forecasts and modify models interactively. Automated forecasting means less manual input and makes large forecasting processes more manageable. You can get hourly forecasting for all time horizons in a single, comprehensive solution that lets you use existing planning resources and helps everyone work more effectively. By using a common forecasting methodology and data integration processes across forecasting horizons, you can eliminate the need to train forecasters on multiple software tools.

Make better energy trading and contract purchase decisions.

With statistical and visual indication of the likely range of forecast outcomes, you can incorporate quantifiable variability and confidence limits in the forecast when making operational and financial decisions. Combined economic and weather range scenarios let you evaluate more scenarios faster and with fewer resources. With various scenarios in hand, forecasters can create multiple medium-term and long-term models based on anticipated outcomes, and adjust the models with ease. Automatic re-forecasting based on data updates enables your teams to make decisions that mitigate risks, surface new business opportunities and ultimately create a competitive advantage.

Extend your energy forecasting capabilities with SAS Analytics for IoT.

SAS Energy Forecasting now comes with SAS Analytics for IoT. This innovation provides a path for implementing the SAS Energy Forecasting engine in a Viya-only deployment. It also enables the use of advanced AI and machine learning capabilities – which are essential for forecasting emerging technologies for distributed and renewable energy resources, electric vehicles, demand-side management and energy storage. Integrating energy forecasts with SAS Analytics for IoT helps ensure electric grid reliability, security, resilience, and optimal operations and planning.

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