Project details

Data-driven energy consumption prediction

Published by: Energy trading company

Status: CLOSED


Application domain: Energy

Budget (EUR): UP TO 15000

Project description

Energy consumption prediction is essential for energy planning, management, and conservation. Data-driven models provide a practical approach to energy consumption prediction. Our company is the leader in consumption forecasting and delivery management.
The company would like to improve the forecasting algorithm to provide more accurate predictions based on measurement sampled at a predefined time period

Project goal

Having the weather forecast and the historical data of a large number of consumers the algorithm is required to predict the consumption of the next 24 hours on a geographical basis.