Case Study: a large electricity company improves day-ahead consumption forecasting with Energiency

Improve electricity day-ahead consumption forecast for a large electricity user

Energiency was approached by a large electricity company in France to overcome a challenge with its electricity consumption forecasting. The customer had an existing multilinear tool for predicting its next-day energy needs but needed a more accurate AI-powered model to improve the forecast.

Energiency developed and implemented a Neural Network forecast model trained on extensive historical data. This solution was integrated into their platform to automate the daily process of submitting the day-ahead nomination. The result was a significantly improved forecast that has qualified the customer for a substantial rebate from its energy supplier since 2016, while also saving its energy management team considerable time.