Co-funded by the
European Union
Expektra Predict
Forecasting tool for short-term energy generation and consumption
Commercialised
Enabling efficient short-term power trading and improved balance management
The need
Renewable power generation increases the costs of balancing the grid. Predicting near future electricity consumption or production is a large part of utilities’ daily operations, striking directly at operating costs.
The solution
Expektra Predict is a forecasting tool for short-term energy generation and consumption that has 10 to 20% better accuracy than conventional methods. A unique implementation of artificial neural networks, it is able to detect complex patterns in input data. It includes an app for monitoring, back up power and over-the-air wireless updates. Provided as software as a service, non-linear relations between input and output data can be recognised. Remote maintenance is also available.
The value proposition
• 100% capacity guarantee.
• All-in-one system.
• Fully recyclable.
