Energy Load, Price & Renewable AI Forecasting Solutions & Services
QR AI Forecaster Solutions: A range of robust advanced AI forecast solutions tailored for intraday and 7 days ahead, load, price, wind and solar generation forecasts.
Clients: Utilities, minis, electric co-ops, retail marketers, generators, energy traders, market operators, Independent System Operators (ISOs), Regional Transmission Organizations (RTOs) and Transmission System Operators (TSO).
QR Forecast as a Service is a cloud load, price, and renewable generation forecast service for world power market operators, ISOs & RTOs. No implementation required. Receive forecasts instantly via API or in web dashboards.
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QR AI Forecaster Solutions
- QR Data Hub is fully automated and fetches and organizes your data (load, meter, SCADA, renewable generation), market operators & ISOs (demand, nodal price and supply side data), as well as weather, wind, and radiance data.
- Forecast results are published via API and in web dashboards with data visualization and manual download options.
- You can always start with a POC Trial.
- QR AI Forecaster offers a range of intraday and 7 days-ahead forecast solutions using advanced custom-configured Deep Learning and Machine Learning AI models.
- Long term forecasts include what-if-scenarios on exogenous factors, e.g., a shift in temperature up or down by 10 degrees, some global economic indicators, or localized indicators such as consumer load growth by 9%, etc.
- Forecast temporal resolution is 5–60 minutes, depending on your data and requirements. QR AI Forecaster can scale data while forecasting from lower to higher resolution, e.g., from actual 5-min data, it can forecast 5-min, 15-min, 30-min or 60-min resolution forecasts.
- Forecasts computation frequency is configurable, e.g., 5–10 minutes, 24/7 for real-time intraday forecasts, and 9-12 am for day-ahead forecast.
- Our forecast solutions can be licensed as a cloud service, where no hardware or software installations are needed, just a browser. They can also be installed on your private cloud or on-site.
- QR AI Forecaster is built with a processing architecture and a range of Deep and Machine Learning regression models especially designed for forecasting in electricity markets.
Contact us today to start your Load, Price, Solar & Wind Forecast projects
Our data science team stands ready to work with you.
Comprehensive AI Load & Price Forecast Services
AI forecasting service for demand and prices (zonal, Trading Hub, nodal, LMP) for world electricity system operators & markets.
Forecast as A Service
- Intraday and 7 DA price and system demand forecasts as a web service.
- We provide weather and ISO & electricity market operator data.
- No implementation required. Receive forecasts instantly via API or web dashboards & downloads.
- Forecast resolutions can be 5 to 60 min. Forecast frequency: every 15 min, 24/7, for intraday, and at 10 am for DA forecasts.
- Option to start with a trial.
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Build, fine-tune, optimize and deploy AI forecast models for automatic execution in record time
QR AI Forecaster Features Considerably Shorten Implementation
- No-coding AI platform allows users to drag, drop and combine various Deep & Machine Learning model components and methods to create their own custom forecast model. The data flow and parameters of each AI model are configured on the screen, without coding, in a user-friendly dashboard.
- AutoML forecasting platform. AI models typically have 10+ hyperparameters, and identifying the best combination by trial and error is very time-consuming. QR AI Model Optimization toolbox automatically tries the equivalent of thousands of combinations of model parameters to identify the best model for each data set. The toolbox uses genetic computing to narrow down the set of hyperparameters that minimize the forecast error.
- QR Data Hub is a no-coding robust data warehouse platform that can be quickly configured to fetch, cleans, insert and manage all data needed in forecasting.
- Leverage our automated platform & expert team. The AI models self-calibrate, learn & adapt with each new data. Our data science team regularly fine-tunes and optimizes your AI models.
QR AI Forecaster Benefits
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 and IT resources are needed, all you need is a browser.
- 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. Your system is upgraded regularly to the latest release. Your AI forecast models are regularly visited and fine-tuned by our data science team.
Expert support team. Creating and maintaining forecast solutions in-house, using generic AI machines, require extensive use of data scientists. When working with QuantRisk our expert MSc data science team handles all workload and configures, fine-tunes and deploys your forecast models and maintains them in time as data behavior changes.