FORrunner Forecasting Analytics - Short Term Forecasting (STF)

FORrunner™ Forecasting Analytics  is a cohesive and complete energy forecasting and planning tool designed to mitigate risk and uncertainty for competitive energy suppliers and T&D companies operating in a challenging and competitive marketplace. Whether you need long term forecasting (LTF), short term forecasting (STF) or both, FORrunner's preconfigured accelerator modules for Oracle Utilities Load Profiling and Settlement can provide your company with a fully integrated forcasting solution.  

 

The FORrunner STF accelerator modules have been designed to join top-down experience based decision-support processes with bottom-up historical load, weather, usage patterns and many other statistical parameters and measurements.   FORrunner provides energy companies with the information needed to:

  • Leverage advanced meter data and smart grid information to create highly accurate monthly, daily and/or sub-hourly forecasts
  • Accelerate load profile creation and forecasting with precofigured modules for ERCOT, PJM, NYISO, ISO-NE, MISO and CAISO
  • Aggregate or segment load profiles and forecast by customer, delivery point, LDC and/or portfolio contract
  • Accurately scheduling deliveries to match load obligations
  • Easily determine short term and intermediate term supply requirements to manage portfolio positions

These key features provide energy companies with highly accurate forecasting and scheduling capabilities and a competitive advantage through visibility into their risk and supply positions and potential impacts of these positions on costs and revenues.

 

  FORrunner Long Term Forecasting Product Features

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Oracle Integration

FORrunner Forecasting Analytics is fully integrated with the world's most popular energy management software -  Oracle Utilities.  FORrunner Forecasting Analytics provides  over 100 modules, rate forms, queries and other software components including over 250 regression algorithms. This packaged functionality provides proven out-of-the-box forecasting on the flexible and configurable Oracle Utilities platform bringing forecasting benefits to your organization faster than any other solution available today.

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Predefined, Linear, Non-Linear and trend regression analytic modeling.

Provides highly accurate forecasts, mitigating risk hedging requirements or potential energy imbalance purchases
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Trial (“what if”) Modeling & Analysis

Risk reduction validation through trial forecasting analysis. Supports concurrent forecast processes without impacting live forecasting operations

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Backcasting facilities to allow modeled forecast results to be applied to historic data.

Provides strategy validation in forecast results and model improvement feedback loop.

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Out of the box Load Profile curve creation routines.

Leverages preconfigured modules and proven industry applications to reduce implementation time and improve forecasting accuracy.

 

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Predefined Reports and style sheets allowing easy customization of Forecasting graphs and results.

Intuitive presentation clarity for all output and reports leads to rapid identification of curve patterns and anomalies.

 

Work Queue work flow management

Including email alerts of transgressions or unexpected forecast or backcast results.

 

FORrunner for Competitive Energy Suppliers

FORrunner for T&D Companies or Power Authorities