Calculating an Average Annual Growth Rate in MetrixND

After finishing my forecast, I like to present forecast average annual growth rates.  These results are calculated by converting the monthly forecast…


The Latest Energy Trends

Our third seminar of the year reveals the results of our annual benchmark survey. Survey participants receive a copy of the report with the findings.…


Using the Simulation Object Backward

I’m using the Simulation Object in MetrixND to weather normalize historic sales. When configured, the object allows me to simulate the model…


2018 Important Meeting Dates – Mark Your Calendars!

The Annual Energy Forecasting/EFG Meeting and Training will be in Austin, Texas on April 24-27 in 2018! The ISO/RTO/TSO Forecasting Summit will be…


Computing a Weighted Average Wind Speed and Wind Direction Across Multiple Weather Stations

Often when we are developing weather variables to support day-ahead power and gas forecasting, we introduce wind speed as a standalone explanatory…


Looking Backward to Move Forward

For most things in life, I look forward to go forward. I keep my eyes on the road ahead. I look before I leap. I aim at my target. But this summer…


Seasonal Sales? Not a Problem.

There is a client who has a reporting issue problem. Let’s call him Ray. His annual sales are to be split into summer and winter sales, but on a…


Remember the 2017 ISO Forecasting Summit

This year’s 11th Annual ISO/RTO/TSO Forecasting Summit was held in San Antonio, Texas from May 16-18. Just like the defenders of the Alamo banded…


Common Challenges at the Energy Forecasters Meeting

Turning to her left, then right, Grace finds herself surrounded by strangers – men and women from across the United States; there’s even one from…


Free Forecasting Brown Bag Webinar

Now in our 11th year of hosting Itron’s popular, free hour-long internet seminars on a range of forecasting topics, we take great pride in helping…


A Grand View

The view from the 96th floor of the John Hancock Center is amazing. From here, cars are merely dots between the straight rows of lights and people…


Behind-The-Meter Solar Generation and Real-Time Load Forecasting – Part 3

In my blog posting “Behind-The-Meter Solar Generation and Real-Time Load Forecasting,” I presented four load forecasting challenges that have arisen…


solar panels

Behind-The-Meter Solar Generation and Real-Time Load Forecasting – Part 2

In part on of this series, I presented four load forecasting challenges that have arisen as the result of deep penetration of behind-the-meter (BTM)…


The 2017 Annual Energy Forecasting/EFG Meeting and ISO/RTO/TSO Summit

The 15th Annual Energy Forecasting/EFG Meeting and Training will be in Chicago on April 26-28 with optional one-day training workshops on April 25.…


Behind-The-Meter Solar Generation and Real-Time Load Forecasting

Recently, I was invited to speak at a California Energy Commission (CEC) sponsored workshop on Research Needs for Renewable Energy Forecasting.  The…


Annual Energy Survey

Itron’s forecasting group recently launched their Annual Energy Survey. As we have done in previous years, Itron is collecting information to assess…


FREE Forecasting Brown Bag Webinar

Itron continues to host its popular hour-long Internet seminars on a range of forecasting topics. We’re now in our 11th year!  Itron is always at the…


Forecast Tests in MetrixND

Out-of-sample tests are a useful tool for seeing how well a model performs with data it hasn’t seen before (i.e., data that weren’t used to estimate…


HIRING: ERCOT Load Forecasting Senior Planning Analyst

One of our forecasting clients, ERCOT, is looking for a Senior Planning Analyst preferably with at least 5 years of experience. They're searching for…


Energy Forecasting Meeting – Call for Presentations

Forecasters tell Itron that there is no greater value than meeting with their peers. Itron understands the importance of these interactions and is…


The Economy and Electric Sales

Traditionally, the end of the year is a time to reflect and remember. So when the Federal Reserve raised interest rates in December as a vote of…


The BX Tab

MetrixND provides several options for determining whether a variable is useful. Typically, a model builder reviews the variable coefficients,…


What’s Happening with EV Sales?

With gas prices hovering just above $2 a gallon, there is less excitement and curiosity about electric vehicles (EV) as there has been in the past.…


Declining Residential Sales?

In the past three months, I’ve received three questions, all the same, “Why are my residential sales down?” There are several reasons why a company…


Free Itron Forecasting Brown Bag Seminars

Join us for our third brown bag of 2016 on Tuesday, Sept. 13 titled “2016 Forecast Accuracy Benchmarking Survey and Energy Trends,” where we’ll…


Who is Forecasting Long-Term Solar Generation?

In this last forecasting brown bag presentation on solar load forecasting, we asked participants who had developed a long-term solar load forecast…


Free Itron Forecasting Brown Bag Seminars

Since 2005, Itron has conducted its popular hour-long Internet brown bag seminars on a range of forecasting topics. Itron is always at the forefront…


2016 Energy Forecasters Meeting

From May 18 to 20, 62 energy forecasters representing 42 companies from across North America gathered in Scottsdale, Arizona to discuss the latest…


TVA Forecasting Specialist Positions Available

One of our forecasting clients, Tennessee Valley Authority (TVA), located in Chattanooga, Tennessee, is hiring for two forecasting specialist…


Developing the Peak Day Dataset Using MetrixLT

I think of MetrixLT as a fancy load shape manipulator and calculator. While the software was originally designed to calibrate load shapes to monthly…


The Difference Between AR(1) and Lagged Dependent Terms

Recently, a utilities regulator tried replicating a client’s regression model used for forecasting customer growth. The regulator wished to build the…


Comparison of Peak Forecasting Methods Brown Bag Seminar Recap

On Tuesday, March 24, we held our first brown bag seminar of the year, “Comparison of Peak Forecasting Methods,” which provided an overview of peak…


Holiday Savings

With Christmas rapidly approaching and neighborhoods throughout North America intricately decorated with a variety of Christmas lights, I can’t help…