Forecaster

Predict your future demand

Improving energy demand forecasting performance is a key factor in achieving efficient and profitable energy operations in a liberalised market. Poor forecasting performance can lead to high imbalance charges and operating costs.

What GL Noble Denton can offer

Improved forecast accuracy using multiple proven methodologies to:
- Reduce imbalance penalties
- Improve your network and storage efficiency
- Maintain safety and security of supply
- Ensure sufficient future capacity
Comprehensive set of forecasting models built on over 30 years experience
Automation of key tasks
- Reduce operational manpower requirements and spend more time improving forecast accuracy
Support from forecasting experts
- Our experts will suggest improvements in the forecasting process, modelling methods used and how to avoid common pitfalls to allow you to make the most of forecasting and improve accuracy
Implementations to suit individual client needs

GL Noble Denton's modelling techniques have been captured in a suite of forecasting tools, including our Forecaster product and GL Garrad Hassan’s Wind Forecaster service solution, supported by our team of highly qualified and experienced forecasting and modelling analysts.

Some of our clients achieve annual savings of over £1M per annum with relatively small improvements in forecasting accuracy. The savings will depend on existing forecasting capability and this is something GL Noble Denton can help you quantify and improve.