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Database » Energy, Resources & Environment » Energy consumption prediction

Energy consumption prediction

Database » Energy, Resources & Environment » Energy consumption prediction

Energy consumption prediction

ABB, working with Verdigris Technologies, have developed machine learning methods that are helping companies in avoiding peak time energy costs. Their Ability Electrical Distribution Control System uses a neural network, and is able to identify patterns and factors like weather and historical data, that allow the system to provide a 24-hour energy consumption forecast, which helps the managers in avoiding peak charges.

Companies involved:
ABB, Verdigris Technologies
Link to reference
Business Value
Acting Faster
,
Better Decisions

Applications

Prediction

Methods

Explainable AI Neural Network
Energy

Industries

Energy, Resources & Environment
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