Q&A with Sean Kelly: What’s Happening with Price Forecasting?
.svg.png){kind=icon}
.png)
Demand Forecasts equip energy market stakeholders with industry-leading forecast accuracy and customizable scenario modeling to mitigate risk at the grid, meter, and portfolio level.
Renewable Generation Forecasts provide customers with hyper-accurate generation forecasts to manage intermittency risks in their portfolio and on the grid.
Price Forecasts provide customers with day-ahead price forecasts to optimize load risk management, asset management, financial trading, and battery optimization strategies.
.png)
How our models work
Data Infrastructure
Amperon cleans and ingests time-series electricity data from diverse data sources. We offer flexible, enterprise-ready integrations to seamlessly access forecasting data.
Model Optimization
Our world-class data scientists optimize our models through analysis of historical data, identifying the most influential parameters, discerning the predictive potential of data types, and developing a robust ensemble of models for each forecast.
Artificial Intelligence
Our AI algorithms continuously learn based on new data, allowing the models to evolve and improve dynamically.
The most accurate forecasts available on the market, backed by cutting-edge AI methodologies and energy expertise.
SOC-II Type II Compliance supports your cyber-risk management programs.
SaaS deployment model enables rapid time-to-launch (weeks, not months or years) and time-to-value (TTV).
Seamless access to our forecast through APIs, web UI exports, and integrations with Microsoft and other vendors.
Since 2018 we have partnered with a variety of customers who use Amperon's effective data management infrastructure, award-winning AI/ML models, and leading-edge predictive analytics to forecast generation, demand, and price.
Don’t see your industry? Our experts can work with you to develop a plan that meets your organization’s needs, and provide customized solutions that accelerate your success.
Amperon's load forecast stood head and shoulders above our previous provider, both in terms of forecasting accuracy and actionable nature of the forecasting data we could access via API and from the user interface.
Amperon's platform is extremely user-friendly unlike other solutions we addressed — and I can seamlessly operationalize the data and train colleagues.
Amperon is an essential analytical tool to manage and mitigate market risks so that utilities can provide competitive and stable electricity prices to the homes and businesses they serve.
"Amperon on Snowflake enables us to easily integrate our different data streams into a single unified view. We value having complete access & control over our analytics and visualization tools. Snowflake allows us to quickly track & analyze the evolution of every forecast Amperon generates, which ultimately leads to better insights into our trading strategy."
“Our virtual power plant utilizes precise forecasts and analytics that Amperon helps deliver. We are excited to continue growing with them as our trading desk partner.”
“We use Amperon’s forecasting platform every day to help make better-informed decisions and to optimize our portfolio. It’s been a pivotal tool in our decision-making.”
“Amperon’s innovative modeling approaches produce high quality demand forecasts for the Australian NEM.”
“Innovation is always a challenge for forecasting. Having Amperon as a partner allows us to understand our risk and load forecasts while we continue to innovate our product offerings.”
"Amperon’s load forecasts are critical for planning our supply and demand response assets, especially during extreme weather events."
.png)
.png)
Learn about market trends, industry insights and product updates.
A variety of different metrics are used to measure the performance of deterministic forecasts. In this blog we highlight a couple of different kinds of measurement techniques and explain how we use them at Amperon to benefit our clients.
The utility industry has several conventional metrics for assessing predictive error in load forecasting. But none of them are the right fit for solar forecasting. Amperon proposes the industry standardize around a new metric, cnMAE.
Amperon today announced it has launched its premium AI-powered energy forecasts on Snowflake Marketplace to track, plan, and optimize energy needs for the evolving power markets.
At Amperon, we're more than a software vendor – we become part of your operations. Contact us if you’re ready to supercharge your energy market operations with Amperon's next-generation analytics.
.svg){kind=icon}
