Leading-edge AI forecast solutions & services for electricity load, price (energy & reserves), & renewable DER. Top-down & bottom-up total & net load. Real-time 14-DA and long-term, 5-60 minute forecasts.
We Deliver Cutting-edge AI Forecast Solutions for Load, Price (energy & reserve) and Distributed Energy Resources (solar & wind)
Who we serve: utilities, munis, electric co-ops, retail energy providers, marketers, energy traders, generators, renewable generator operators, and electricity market and transmission operators.
QR AI Forecaster Solutions
AI Load & Demand Forecast
Top-down & bottom-up short to long-term demand. Retailers & utilities net / load from individual meters to system demand.
AI Price Forecast
Real-time and DA probabilistic price forecasts, 5-60 minute resolution. Nodal, LMP & trading hub energy & reserve prices for US RTO/ISOs, European & world power markets.
AI DER Solar & Wind Forecast
Intraday short to long-term solar and wind generation at the farm level and behind-the-meter customer segmentation for PV, BESS, and EV.
Build, Fine-tune, Optimize and Deploy Custom AI Forecast Models in Record Time
- API-friendly ecosystem allows flexible integration with third party systems.
- Microservice architecture allows instant custom implementation & scaling.
- No-coding AI platform: drag, drop and combine in user-friendly dashboards components of feature engineering & AI models to build custom AI forecasts.
- AutoML platform self-calibrates and determines the optimal features and parameters of each AI model, saving days of trial and error work.
- QR Data Hub is a no-coding robust data platform that can be configured to fetch, cleans, insert and manage all data needed.
- Leverage the synergy of an AI platform & expert data science team.
QR AI Forecaster Offers Advanced Machine Learning Features for Implementing Demand, Price & Renewables DER Forecast Solutions in Power Markets
- Forecast Resolution. The AI engine forecasts data at its resolution, from 5 to 60 minutes, and at a higher resolution, e.g., from 5-min load or price data it can produce 5, 15, 30 and 60 -min forecasts.
- Custom AI forecast models for real-time, 7 DA, medium and long term.
- Probabilistic forecasts generate forecasts at custom high to low confidence levels, e.g., 5 & 95, 10 & 90, etc.
- Scenario & AI. Medium and long-term load forecasts include scenarios on exogenous factors, e.g., temperature +/- 10o, demand growth +9%, demand shift due to commercial or industrial load.
- Extreme case scenarios can be simulated within AI forecasts by synthetically modifying external drivers data such as weather.
- No-coding AI. Features engineering, data processing and AI modeling are configured in user-friendly drag & drop interfaces without coding.
- Auto-ML. The AI platform applies algorithms to automatically select the optimal feature and parameter configurations.
- Continuous R&D. Our AI team constantly reviews the latest Deep and Machine Learning AI models and adapts and implements the best AI models for electricity markets forecasting.
Explore our Solutions | Request a Demo | Apply for a Free Trial
Cutting-edge AI Forecast Solutions for Real-time to Long-term Load / Price / Solar & Wind Generation
AI Load / Price / Solar & Wind Generation
Forecasting User Dashboards & Reports
Interactive live dashboards showing data, reports and model interface.
No-Coding AI Load / Price / Solar & Wind Generation
Forecasting Feature Engineering
No-coding on-screen contextual, similar points & temporal feature engineering.
No-coding drag & drop feature engineering: outliers, gaps, quantization.
No-coding on-screen drag & drop feature engineering adding time series.
On-screen best feature selection processing using different algorithms.
No-Coding AI Load / Price / Solar & Wind Generation Forecast Modeling
Build & deploy machine learning forecast models via on screen drag & drop.
Build & deploy deep learning forecast models via on screen drag & drop.
On screen drag & drop probabilistic AI load forecast modeling.
Bottom up load forecasting model: forecasting individual load drivers and aggregating load post-forecast.
AI Load / Price / Solar & Wind Generation Forecasting Solutions and Services Benefits
- You can always start with a free POC trial.
- Two flexible delivery options:
- Forecast as a Service (FaaS). Our AI platform and expert team do everything, and you receive, via API and in web dashboards, intraday and DA forecasts every 5–10 minutes, 24/7. No software installation, hardware, or IT resources are needed.
- Software as a Service (SaaS) where we implement QR AI Forecaster on a private cloud of your choosing, or on-site, and you control the data & the AI models.
- Cost-effective pricing. Whether you use QR AI Forecaster as FaaS or SaaS, you pay one single annual subscription fee. The fee comprises the license, maintenance, and upgrade releases.
- Ready-to-use platform. We offer a large number of preconfigured Deep & Machine Learning models especially designed for load, price, solar and wind generation forecasting. These can be instantly trained on any data set of interest.
- Expert support team. Creating and maintaining forecast solutions in-house, using generic AI tools, requires extensive use of data scientists. When working with QuantRisk our data scientists configure, fine-tune, and deploy your forecast models and maintain them over time as data behavior changes.
- Forecast results are published via API and in web dashboards with data visualization and manual download options.
