We’re confident we can deliver. Our intellectual property makes us fundamentally different from consulting engineers and equipment contractors. The former are typically paid for their advice, whereas the latter are paid for the equipment, and neither accept any project risk. Our low-fees represent the confidence that evidence-based decision system make our services low-risk and assured of success. When you’re large enough to interact with the Wholesale Energy Market (‘WEM’), a comprehensive set of predictive energy management tools are required to manage supply AND demand to reduce your risk exposures to cost and production. Our ‘set of tools’ are multi-award winning, invented by us in Western Australia – and patented around the world. The following sections provide a glimpse of how we achieve outstanding performance on your behalf.
Load forecasting is essential for planning periodical operations and facility expansion in the electricity sector. Due to the deregulation of energy markets, predicting demand pattern is very complex and finding an appropriate forecasting model for a specific electricity network is not an easy task. By enabling machine learning and applying predictive analytics, Metro Power can provide real-time and forecasted business intelligence information on rates and pricing, marketing leads and strategy, system planning and demand-side management.
Our Load Forecasting analytics set includes a full suite of machine-learning and statistical estimation methods that can model the complex relationships among interval loads and such variables as weather, energy intensive temperature and non-temperature dependent load behaviours, supply-demand price-driven behaviour, constrained assets and maintenance, together with time-dependant influences on power over time. Load forecasting can be provided across various levels of aggregation including system, class, feeder, transformer, and more all the way down to the individual customer.