Real-time Electricity Demand Forecasting

Tags: #NP2774

1. Problem: Energy (“a new, volatile grid paradigm”)

2. Solution:

Built to be the brain of the smart grid, Amperon is powering real time operational analytics wherever electricity flows with real-time operational grid intelligence tools via smart meters and AI with three technologies: AMP RETAIL, GRID, and CAST.

An issue that Amperson says it can help energy providers address is the increasing complexity of grid management. Renewable energy generation adds variability to the grid that utilities and grid operators have yet to effectively manage.

3. Organizational Stakeholders

  • Utilities
  • Traders
  • Retailers
  • Grid Operators

4. Deployment

Deploying the technology is a matter of subscribing to the service that the company provides (i.e. SaaS) in the vertical of interest: retail, utilities, or trading.

Amperon offers the grid scale forecasts with team of PhDs and meteorologists. Highly interactive visualizations for detailed analysis, with coincidental peak views, historical forecast, ISO side-by-side forecast comparisons, and zonal breakdowns.

New investments will help expand the company’s reach across more grid operators in the U.S., beyond the ERCOT regional transmission organization responsible for Texas and PJM, which manages the mid-Atlantic’s electricity grid.

AMPGRID Dashboard

Sources:

Amperon raises $2 million for its predictive software for energy grids | TechCrunch

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