Energy Forecasting

Education and Networking

Itron is always at the forefront of the energy forecasting field. We help customers around the world understand the complexities of energy forecasting by talking about the latest forecasting issues and solutions.

Take advantage of Itron’s expertise and experience to gain insightful knowledge and let us help you to improve your forecasts. For more than 30 years, Itron has trained hundreds of energy forecasters. Select from hand-on workshops, live webinars, attend an annual meeting to network with your peers or keep current by following our blog.

Workshops

Workshops

Lectures on real-world examples, demonstration of modeling techniques and hands-on exercises

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Webinars

Brown Bag Webinars

Free hour-long internet seminars on a range of forecasting topics

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Forecasting Meetings

Meetings

Itron hosts several forecasting devoted meetings. Select the one best for you

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Read our forecasting blog

COVID-19 and Load Forecasting

There are unprecedented load forecasting effects due to the COVID-19 pandemic. On March 26, Itron's forecasting team discussed how to model the load shifts due to COVID-19 mandates. The recorded video is available to view and the team is also providing regular updates on the latest trends.

Watch the Video

Read about the latest trends

NEW Virtual Workshop

This year, a virtual Forecasting 101 training workshop will be offered on June 27-29. The course will include a combination of lecture, discussion and hands-on exercises during three 3-hour sessions. Participation is limited to MetrixND users.

June 27-29, 2022

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Request personalized training

Forecasting Brown Bag Webinars

Itron continues to host its popular webinars on a range of forecasting topics. Itron is always at the forefront of the energy forecasting field. We help our customers around the world understand the complexities of energy forecasting and share our perspective on the latest forecasting issues and solutions. Take advantage of Itron’s expertise and experience to gain insightful knowledge and help you to improve your forecasts.

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Regression Tree Methods

This forecasting webinar provides an overview of three methods: Regression Tree, Gradient Boosting, and Random Forest. These three nonparametric methods are used to model daily energy use with multiple explanatory factors. The presentation covers the mechanics of the methods, including determination of optimal settings and the use of bootstrap methods to approximate prediction intervals. Out of sample cross validation is used to compare the accuracy of these methods to parametric regression and neural network models.


Feb 8, noon Pacific - online

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Short-term Forecast Stability vs. Accuracy – Controlling the Sun in Europe

Growth in behind-the-meter (BTM) solar photovoltaics leads to increased within day load forecast instability and decreased load forecast accuracy. During this webinar, Itron will show load forecast models and modeling frameworks that are targeted to improve within day forecast stability and accuracy. In addition, we will review an enhancement of MetrixIDR to work with bi-directional meter data.



April 26, 4:00 pm CET (7:00 am, Pacific) - online

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Short-term Forecast Stability vs. Accuracy – Controlling the Sun in North America

Growth in behind-the-meter (BTM) solar photovoltaics leads to increased within day load forecast instability and decreased load forecast accuracy. During this webinar, Itron will show load forecast models and modeling frameworks that are targeted to improve within day forecast stability and accuracy.













May 10, noon Pacific - online

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Modeling Climate Change

There is strong evidence that temperatures and humidity are increasing and likely to impact electricity sales and peak demand. This was confirmed in the 2021 Intergovernmental Panel on Climate Change (IPCC). Assuming that future weather will look like an average of the past, is no longer viable. Warming temperatures are expected to contribute to more extreme weather events including heat waves, cold waves, drought and fire weather, and more severe storms. Utility management, regulators and IRP stakeholders are asking how increasing temperatures will impact future energy and peak demand requirements.

Following up a previous presentation on temperature trends, this webinar will explore how temperatures and humidity impact electricity load and the approaches for modeling increasing temperatures on long-term hourly and peak demand.


June 14, noon Pacific - online

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2022 Forecast Accuracy Benchmarking Survey & Energy Trends

In early 2022, Itron will conduct its annual forecasting accuracy benchmark survey. During this webinar, we will discuss the survey results and implications.







Sept 22, noon Pacific - online

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Integrating DERs into Long-term Circuit-level Forecasts

The rapid growth of new technologies is driving divergent shifts in capacity requirements throughout the grid. Certain geographical areas are experiencing an influx of solar PV installations and EV adoption, while others remain relatively stable. In this webinar, Itron will discuss integrating these newer distributed energy resources (DERs) into the circuit-level hourly load forecast.


December 7, noon Pacific - online

Forecasting and Load Research YouTube Library

Watch the Videos

Forecasting Meetings

Itron wants to share its knowledge and foster the sharing of ideas and solutions in the energy forecasting community. Itron coordinates several important meetings each year so that forecasters can come together and benefit from networking and sharing ideas. Consider attending one of the annual meetings listed below.

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Annual Energy Forecasting Meeting (EFG)

The Annual Energy Forecasting Meeting brings you two and half days of topical peer and industry expert presentations along with roundtable discussions. No matter where your area of forecasting interest lies, this meeting is an excellent forum to exchange ideas and hear about modeling concepts, data development, efficiency trends, and related issues from industry speakers.



April 13-15, 2022

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2022 ISO Forecasting Virtual Meetings

The ISO/RTO/TSO collective group will address forecasting topics during virtual meetings in the May and September timeframe. Each meeting will bring this special subset of energy forecasters together to address one of the unique forecasting challenges faced by independent system operators around the world. We look forward to the regular in-person meeting in 2023. Attendance is limited to ISO/RTO/TSO representatives.

More information and registration coming soon.

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Itron Inspire (formerly known as Itron Utility Week)

At Itron Inspire, we’ll explore the possibilities for a better connected, sustainable and resourceful future. By gathering leaders from across energy, water, IIoT and smart communities, we’ll explore technology and services to drive business transformation, reimagine customer engagement and ignite innovation. The Applications, Outcomes & Services track includes topics geared to the interests of energy forecasters.


September 23-30, 2022