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forecasting3 Creating a Nonlinear Growth Variable I love straight lines. After all, the fastest route between any two points is a straight line. But in forecasting, going from point A to point B...
Blog Authors: Mark Quan Blog Category: Forecasting -
iStock 1161898151 Dates and Serial Numbers: Might As Well Leap In Excel and MetrixND, dates are actually serial numbers. This is obvious in Excel when you format a cell containing a date as a...
Blog Authors: Rich Simons Blog Category: Forecasting -
uncertainty Developing Net Load Uncertainty Forecasts to Support System Operations Today, the deep penetration of renewable generation resources system operators are requiring new tools to place...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting -
forecasting1 Developing the Peak Day Dataset Using MetrixLT I think of MetrixLT as a fancy load shape manipulator and calculator. While the software was originally designed to calibrate load shapes...
Blog Authors: Mark Quan Blog Category: Forecasting -
iStock 1198580200 Do Solar Panels Need to be Cleaned? It seems like my solar photovoltaic (PV) panel monitoring service, Enphase, started sending more emails recently. Or maybe because I recently...
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DST Daylight Saving Time: The Bane of the Load Forecaster "Sunrise and sunset times vary from summer to winter because of earth’s tilt with respect to its orbit around the sun. This difference is...
Blog Authors: Rich Simons Blog Category: Forecasting -
forecasting Declining Residential Sales? In the past three months, I’ve received three questions, all the same, “Why are my residential sales down?” There are several reasons why a company may see...
Blog Authors: Mark Quan Blog Category: Forecasting -
iStock 968868708 1 scaled Demystifying Residential Miscellaneous Usage In the residential Statistically Adjusted End-Use (SAE) model framework, the miscellaneous end-use is the single largest...
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iStock 519427336 Developing a Combined Operational Load Forecast With the deep penetration of non-grid connected renewable generation and storage, electric vehicle charging, smart load control and...
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Itron 765x500 Energy Forecasting Accuracy Trends Free Brown Bag Seminar Interested in learning about the latest energy forecasting accuracy trends? Itron has been collecting information on industry...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Paige Forecasting Blog Estimated Impact of COVID-19 Restrictions on California Water Consumption Previous blogs and memos looked at the estimated impact of COVID-19 restrictions on the consumption...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting Industry: Electricity Smart Cities Water -
Electric Vehicle Data EVeryone Needs EV Data: Here's Where to Find It During our most recent Forecasting 101 workshop, one of the attendees expressed concerns about their data on electric vehicles...
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iStock 1144382567 Energy Forecasting 101 Workshop New to energy forecasting? Itron can provide you with an introduction to the use of regression for forecasting applications, which is designed for...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
chicago e1484002715126 Energy Forecasting Meeting - Call for Presentations Forecasters tell Itron that there is no greater value than meeting with their peers. Itron understands the importance of...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
EV Forecasting Blog_F Fast EV Charging: Lessons Learned A recent trip to Palm Desert from San Diego, in my relatively new Nissan Leaf EV (her name is Wanda), gave me some new insights on EV driving...
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Itron 765x500 Forecast Tests in MetrixND Out-of-sample tests are a useful tool for seeing how well a model performs with data it hasn’t seen before (i.e., data that weren’t used to estimate the...
Blog Authors: David Simons Blog Category: Forecasting -
EV_Brownbag Forecasting Expertise, Free Brown Bags and More! For more than five decades, Itron has helped energy companies understand and anticipate changes in energy demand; changes that drive...
Blog Authors: Paige Schaefer Blog Category: Forecasting Industry: Electricity Gas Smart Cities Water -
Forecasting is Hard Forecasting is Hard – Especially for the Future Predicting behavior in the future is no easy task. Yet, we energy forecasters do this every day. The complexity of the problem...
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Image C FREE Forecasting Brown Bag Webinar Itron continues to host its popular hour-long Internet seminars on a range of forecasting topics. We’re now in our 11th year! Itron is always at the...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
dew Free Forecasting Brown Bag Webinar Now in our 11th year of hosting Itron’s popular, free hour-long internet seminars on a range of forecasting topics, we take great pride in helping our...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Itron 765x500 Free Itron Forecasting Brown Bag Seminars Since 2005, Itron has conducted its popular hour-long Internet brown bag seminars on a range of forecasting topics. Itron is always at the...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Itron 765x500 Free Itron Forecasting Brown Bag Seminars Itron is proud to continue hosting the popular hour-long internet seminars covering a range of forecasting topics. Itron is always at the...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Itron 765x500 Free Itron Forecasting Brown Bag Seminars For more than 10 years, Itron has conducted its popular hour-long internet brown bag seminars on a range of forecasting topics. Itron has...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Itron 765x500 Free Itron Forecasting Brown Bag Seminars Join us for our third brown bag of 2016 on Tuesday, Sept. 13 titled “2016 Forecast Accuracy Benchmarking Survey and Energy Trends,” where...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Data 002 HIRING: ERCOT Load Forecasting Senior Planning Analyst One of our forecasting clients, ERCOT, is looking for a Senior Planning Analyst preferably with at least 5 years of experience....
Blog Authors: Paige Schaefer Blog Category: Forecasting -
lights Holiday Savings With Christmas rapidly approaching and neighborhoods throughout North America intricately decorated with a variety of Christmas lights, I can’t help but ponder how many folks...
Blog Authors: David Simons Blog Category: Forecasting -
iStock 1059202220 Holidays Are No Vacation for the Load Forecaster Summer has arrived. While your friends are frolicking at the beach, you are struggling in a darkened cubicle to ensure that the...
Blog Authors: Rich Simons Blog Category: Forecasting -
Itron 765x500 How Comverge is Using Machine Learning to Improve Demand Response Forecasts This blog was originally posted on Comverge.com. Itron acquired Comverge on June 1, 2017, and all future...
Blog Authors: Tyler Byers Blog Category: Forecasting -
iStock 1210719876 How to Account for COVID-19 in Your Load Forecast There are unprecedented load forecasting effects due to the COVID-19 pandemic. On March 26, Itron’s forecasting team will discuss...
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iStock 1153657433 I Get by With a Little Help from My Friends, and Google It almost goes without saying that most utilities have seen a noticeable deviation in their electricity sales in 2020 due...
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puzzle 654963_960_720 Ignore Missing Option 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...
Blog Authors: Mark Quan Blog Category: Forecasting -
EnergyForecasting_iStock 17 Impact of Climate Change on Long-Term Electricity Demand The next Itron Forecasting Brown Bag for 2020 will be hosted on Tuesday, June 16 and is entitled "Impact of...
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IHaveThePower I Have the Power In econometrics generally and energy modeling specifically, variables in equations often include an exponent. In econometrics generally and energy modeling...
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iStock 1206946412 If It Were Not for the Data, Everything Would Be Great I recently developed a set of 15-minute load forecast models when I noticed something odd in the pattern of the MAPEs (Mean...
Blog Authors: Rich Simons Blog Category: Forecasting -
Itron 765x500 Improving Net Load Renewable Portfolio Standard requirements and decreasing costs of photovoltaics (PV) are resulting in significant amounts of solar PV systems being installed in...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting -
iStock 1124604407 Improving Efficiency and Accuracy with Forecasting in the Cloud In today’s increasingly dynamic energy market, it is important for utilities to have access to accurate and timely...
Blog Authors: Rich Simons Blog Category: Forecasting -
data2 Improving Financial Analysis with AMI Data Smart meter data is more granular and more timely than monthly billing data. Access to this data supports a paradigm shift in forecasting processes,...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
Electric Vehicle_2 Integrating Distributed Energy Resources (DERs) into Long-term Circuit-level Forecasts Are you concerned about the rapid growth of newer distributed energy resources (DERs) such...
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Itron 765x500 Itron Leads Industry in Energy Forecasting Meeting Highlights Issues and Solutions for ISOs and RTOs At the start of May, over 20 representatives from 11 different U.S. and Canadian...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting -
San Diego In-Person Forecasting Training Workshops Are Back! Itron is excited to bring back two different in-person, hands-on training workshops this fall! Itron is excited to bring back two...
Blog Authors: Paige Schaefer Blog Category: Forecasting Industry: Electricity Gas Smart Cities Water -
2021_Annual_Energy_Forecasting_Group_Meeting Itron's 2021 Annual Energy Forecasting Group Meeting Truth be told, I would rather be in New Orleans eating beignets and discussing issues with the best...
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Forecasting_COVID_Impact Itron's 2021 Forecasting Benchmarking Survey & COVID-19 Impact COVID-19’s impact on energy consumption is not a secret. Since the pandemic began, we’ve watched electric...
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wind_solar Itron’s Integrated Energy Forecasting Framework In today’s marketplace, incorporating the multitude of Distributed Energy Resources (DER) can make producing an accurate energy demand...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting -
iStock 1015887056 Itron’s Michael Rufo Receives IEPEC’s Lifetime Achievement Award Itron’s Michael Rufo, an executive consultant with the Consulting and Analysis group, was recently honored with...
Blog Authors: The Itron Team Blog Category: Forecasting -
iStock 1178270527 Itron’s New Forecasting YouTube Library Itron’s Forecasting group has conducted webinars on a variety of forecasting and load research-based topics for many years and continues to...
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iStock 1211443622 January 2021: Trends in Estimated Load Impacts of COVID-19 Mitigation Policies on European and North American Electricity Consumption March 2020 through January 2021 As previously...
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iStock 1043420678 It’s a DER World, We’re Just Living in It If you’re reading this and you’re a load forecaster like myself (or know a thing or two about load forecasting), then you are well aware...
Blog Authors: David Simons Blog Category: Forecasting -
graph It’s All the Same, Only the Names Will Change Last year, Itron was contracted by a small utility (about 11,000 customers) to construct a 10-year-ahead load forecast for capacity planning. I...
Blog Authors: David Simons Blog Category: Forecasting -
iStock 1198837281 Join Our Brown Bag: Community Choice Aggregation Load Forecasting The last Itron Forecasting Brown Bag of 2020 is on Tuesday, Dec. 8 and is entitled "Community Choice Aggregation...
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iStock 1211443622 July 15 Update: Latest Trends in Estimated Load Impacts of COVID-19 Mitigation Policies on North American and European Electricity Consumption This data is for March through June...
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iStock 1211443622 June 18 Update: Latest Trends in Estimated Load Impacts of COVID-19 Mitigation Policies This data is for March 15, 2020 – June 14, 2020. As previously discussed in the first blog...
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iStock 1211443622 June 3 Update: Latest Trends in Estimated Load Impacts of COVID-19 Mitigation Policies This data is for March 15, 2020 – May 31, 2020 As previously discussed in the first of this...
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seminar Leveraging a Waterfall Approach to Explain the Load Forecast Our first brown bag seminar of the year is entitled “Leveraging a Waterfall Approach to Explain the Load Forecast”. This session...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
AI Load Forecasting Using Machine Learning: Does the Hype Meet Reality? It is easy to stub your toe on the voluminous literature available on machine learning when the question of how to improve...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting -
Itron 765x500 Load Research in an AMI World: Why? How? And Results. Our final brown bag seminar of the year is entitled Load Research in an AMI World: Why? How? And Results. With market penetration...
Blog Authors: Paige Schaefer Blog Category: Forecasting -
sea nature sunny summer Looking Backward to Move Forward For most things in life, I look forward to go forward. I keep my eyes on the road ahead. I look before I leap. I aim at my target. But this...
Blog Authors: Mark Quan Blog Category: Forecasting -
Decision Tree Regressors Keep on Splitting with Decision Tree Regressors Who would have guessed that a tall stack of weak learners would work well for predicting daily energy use? Who would have...
Blog Authors: Stuart McMenamin Blog Category: Forecasting Industry: Electricity Gas Smart Cities Water -
iStock 1130931874 scaled Latest Trends in Estimated Load Impacts of COVID-19 Mitigation Policies As shelter-in-place policies are enacted to help reduce the spread of coronavirus (COVID-19), the...
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Itron 765x500 Lessons Learned from Itron’s 13th Annual Energy Forecasting Meeting I just returned from Itron’s 13th Annual Energy Forecasting Meeting & Training, which took place in Baltimore on...
Blog Authors: Mark Quan Blog Category: Forecasting -
solar and wind 1 Market Trends That Will Drive the Next Evolution of Operational Load Forecasting Models Grid operators schedule and dispatch generation resources to meet demand in as...
Blog Authors: Dr. Frank A. Monforte Blog Category: Forecasting