iStock 172860691 Summing and Averaging The Sum function in MetrixND seems like a complex way to make adding difficult. In a MetrixND transformation, numbers are added by joining variables with the...
Itron 765x500 The 2015 Annual Energy Forecasting Meeting is moving East! After 12 years on the West Coast, the Annual Energy Forecasting/EFG Meeting and Training is moving east! The 13th Annual...
Itron 765x500 The Buzz about Solar Forecasting Installed solar generation capacity is growing worldwide and this movement’s effect on load forecasts is significant. Energy service providers and...
cali The CEC Releases “Improving Short-term Load Forecasts by Incorporating Solar PV Generation” Interim Report The California Energy Commission’s (CEC) Energy Research and Development Division...
bxtab1 The BX Tab MetrixND provides several options for determining whether a variable is useful. Typically, a model builder reviews the variable coefficients, standard error, t-statistic and...
blurred colorful lights The Economy and Electric Sales Traditionally, the end of the year is a time to reflect and remember. So when the Federal Reserve raised interest rates in December as a vote...
Itron 765x500 The Fundamentals of Sales and Demand Forecasting Workshop, October 2014 Last month we held our Fundamentals of Sales and Demand Forecasting workshop in Boston. It was a great turn out...
the Future The Future of Operational Forecasting has Landed in Australia Recently, the Itron Forecasting Team was provided with the opportunity to develop a forecasting framework to support a new...
Equa_1 The Difference Between AR(1) and Lagged Dependent Terms Recently, a utilities regulator tried replicating a client’s regression model used for forecasting customer growth. The regulator...
survey The Latest Energy Trends Our third seminar of the year reveals the results of our annual benchmark survey. Survey participants receive a copy of the report with the findings. This is...
temp The Pitfalls and Pain of Aggregation Bias As forecasters, averaging is something that we do a lot. We like averaging because it helps us filter out much of the noise in our data so that we can...
iStock 155389199 The Story is in the Residuals In any field that involves heaps of data and information, details are everything. Load forecasting is no exception. If you’ve spent any amount of time...
iStock 1200326428 The Logit Function: A Tool for New Things With emerging technologies such as electric vehicles and photovoltaics, developing a forecast is challenging due to the lack of history....
Magical_Trinary The Magical Trinary Sometimes things don’t look like they’re supposed to look. Sometimes things don’t look like they’re supposed to look. Just walk into your child’s bedroom. At...
summit 2019 The Mile-High 2019 ISO Forecasting Summit They have a saying in Denver – “If you don’t like the weather, wait five minutes.” While that is clearly an exaggeration, it’s not too far off...
iStock 987986472 Toward an Optimal Combined Load Forecast for System Operations Deep penetration of non-grid connected renewable generation and storage, electric vehicle charging, smart load...
Load_Impact_Trends Trends in Estimated Load Impacts of COVID-19 Mitigation Policies on European and North American Electricity Consumption As previously discussed in the first of this blog series...
Theres More Than One Way to Round a Number There’s More Than One Way to Round a Number When we were in school, we all learned the general rule for rounding – if a significant digit is followed by a...
iStock 1211443622 Through August 2020: Trends in Estimated Load Impacts of COVID-19 Mitigation Policies on European and North American Electricity Consumption March through August 2020 As discussed...
iStock 1211443622 Through September 2020: Trends in Estimated Load Impacts of COVID-19 Mitigation Policies on European and North American Electricity Consumption As previously discussed in the...