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Utilities Power Forecasting: 2-Wk Proof of Concept

Saviant Technology Consulting & Software Development Pvt. Ltd.

Quick pilot to determine power consumption using – demand forecast, resource availability, and geographical data.

Leverage Quick Proof of Concept for probabilistic forecasting of electric load and corresponding resource availability for power generation using historical consumption and power generation data.

Identify demand-supply trends based on customer distribution for long and short-term forecasting to optimize consumption, reduce electricity losses and revenue optimization as per distribution of prices.

Agenda:

Week 1:

  • Existing consumption and power generation data analytics
  • Understanding business needs from demand forecasting
  • Demand-supply mapping with this PoC using Power BI

Week 2:

  • Design build, data connections and dashboards based on the findings of week 1
  • Regular demonstrations for feedback
  • Final handover of dashboards with documentation

Deliverables:

  • Solution architecture for power forecasting initiative
  • Data Model to analyse consumption and distribution data for forecasting.
  • Live connection with one data source.
  • 3 - 4 dashboards, each dashboard with 5 - 6 visuals

Pre-requisites:

Power forecasting KPIs and affecting variables identified through discussion stakeholders.

Sample power consumption and distribution data for the KPIs.

https://gallery.azure.com/artifact/20151001/saviant.saviant_powfore.1.0.1/Artifacts/SampleImage/e9f85e02-e852-4794-9504-8b47b6d695a8.png
https://gallery.azure.com/artifact/20151001/saviant.saviant_powfore.1.0.1/Artifacts/SampleImage/e9f85e02-e852-4794-9504-8b47b6d695a8.png
https://gallery.azure.com/artifact/20151001/saviant.saviant_powfore.1.0.1/Artifacts/SampleImage/bdb651b5-61ef-4d94-9dea-868c08af7f32.png
https://gallery.azure.com/artifact/20151001/saviant.saviant_powfore.1.0.1/Artifacts/SampleImage/5ddd29de-8913-4fc7-b011-7a1d852a0658.png