ENERGY FORECAST

OVERVIEW

Allocation of power (to meet real time demand) between traditional power and alternate power has become a challenge worldwide. The aim of this project was to predict how much power is available from alternative energy based on geo location, temperature etc. This helped the client to make better decisions on utilization of other sources of energy. The forecast weather data was collected from external sites using Robotic Process Automation (RPA) and used by the Minsky™ generated models to predict realtime solar power generation.

KEY BENEFITS (MINSKY™)

• User-Friendly, cloud based AI platform
• No coding skills are required for results or predictions
• Provides you a list of % dependency features that can be used to optimize your business
• Ability to fine tune or optimize the models by trying different algorithms / prediction attributes
• Easy integration with other third party solutions such as TABLEAU for data visualization

RESULTS

• Better planning to allocate power from available sources of energy.
• Efficiency in maintenance
• Increase in ROI
• Reduced power cuts or last minute re-allocations
• Balance between demand and supply of energy

EXECUTIVE SUMMARY

The client is a large Power Company that generates and distributes power from traditional as well as alternative sources such as Solar, Wind, etc. The main challenge for them was how to balance Power scheduling / allocation between traditional energy and alternative energy. This was due to the daily unpredictable variations from their solar Power generation. This required accurate solar power generation prediction based on geographical parameters like longitude, latitude, weather, sun intensity, cloud cover, relative humidity etc. After a detailed evaluation of their operations, AI Labs (www.ailabs.inc) used its proprietary Minsky™ AI Engine to optimize the models by using a combination of AI algorithms and prediction attributes. In this case, Minsky™ used historical power generation data along with other weather related attributes for model creation. Weather forecast data was then used in conjunction with the Minsky™ models to predict Solar Power Generation for future dates. This solution was optimized and implemented in less than a week.

Typical Alternative Energy Forecast Challenges:

• Getting Accurate Long term Weather forecasts
• Getting Accurate Sun Intensity and Solar angle forecasts.
• Variations of solar generations based on manufacturer/technology
• Variations in AI Models based on Geo locations
• Interruption in daily activities

SOLUTION

After comprehensively evaluating the client‘s challenges, we used Minsky™ to accurately model historical data of power generation. This process includes geographical parameters such as relative humidity, sun intensity, temperature, cloud cover, longitude, latitude etc which helped them to make more detail analysis, and take better decisions on utilizing/optimizing the other sources of energy whenever required. Once the AI Models were generated by Minsky™ for the selected Algorithms, historical power generation data along with weather related attributes was used by Minsky™ to predict power available from alternative energy. The forecast weather data is then collected using Robotic Process Automation (RPA) from external sites. Prediction data from Minsky™ was also integrated with 3rd Party data visualization application like Tableau. In addition, RPA was also used to email power allocation forecast report generated by Minsky™ to desired personnel.