Reliable load forecasting is essential for utilities striving to maintain grid stability, optimize resources, and make informed power purchasing decisions in an evolving energy landscape. Themis Short-Term Load Forecasting (Themis STLF) is designed to help utilities optimize power purchasing, improve operational planning, and manage distributed energy resources (DERs) more effectively. By leveraging advanced machine learning models, Themis Short-Term Load Forecasting provides a reliable and efficient approach to short-term load forecasting, reducing reliance on manual processes and enhancing decision-making.

A Cloud-Based Service for Accurate, Data-Driven Short-Term Load Forecasting

Themis STLF is a cloud-based forecasting service that enables utilities to generate short-term load forecasts with greater accuracy and efficiency. Unlike traditional statistical forecasting methods that rely on historical trends and manual adjustments, Themis STLF applies machine learning to analyze multiple variables, including weather data and historical load patterns, to generate predictions for the next 14 days.

Rather than developing a proprietary algorithm, Themis STLF selects the best available forecasting model based on each customer’s unique data set. This flexible approach ensures that utilities receive the most accurate forecast without the need for complex model development or maintenance. Additionally, Themis STLF operates independently of SCADA/ADMS systems, making it accessible to utilities regardless of their existing infrastructure.

How Themis Short-Term Load Forecasting Supports Utilities

Utilities face constant pressure to balance supply and demand while maintaining grid reliability and cost efficiency. Themis Short-Term Load Forecasting addresses these challenges by providing:

• Improved Power Purchasing Decisions – Utilities can forecast demand more accurately, minimizing costly overproduction or shortages when participating in power markets.
• Operational Planning Support – Short-term load forecasts can help utilities optimize resource allocation, particularly when managing peak demand or scheduling maintenance.
• DER Integration – As more distributed energy resources, such as solar and battery storage, are added to the grid, utilities need more precise forecasting to match variable generation with expected demand.
• Data Accessibility and Sharing – Forecasts can be delivered in multiple formats, including CSV/XLSX files, web-based visualizations, and API integrations, ensuring seamless access to critical data.

Why Accurate Load Forecasting Is More Important Than Ever

The demand for advanced load forecasting has increased as utilities adapt to a rapidly evolving energy landscape. One key driver is the growing penetration of distributed energy resources (DERs). As more renewable and distributed generation sources, such as solar and battery storage, are added to the grid, utilities must anticipate fluctuations in load and generation with greater precision. Traditional forecasting methods often struggle to account for these dynamic variables, making it essential to adopt more sophisticated forecasting solutions.

Another significant factor is the push for grid modernization and digital transformation. Utilities are leveraging data-driven strategies to enhance operational efficiency, optimize power purchasing, and participate effectively in demand response programs. Reliable load forecasting plays a crucial role in balancing energy supply and demand, to ensure that the utilities can make informed decisions and improve market participation. To keep pace with these industry shifts, utilities must move beyond static, spreadsheet-based forecasting methods and embrace adaptive, data-driven solutions like Themis STLF.

Key Benefits of Themis Short-Term Load Forecasting

By adopting Themis STLF, utilities can enhance forecast accuracy using machine learning-based models, reducing manual effort and reliance on spreadsheets. Themis Short-Term Load Forecasting provides real-time data insights that improve operational efficiency and help utilities adapt to evolving energy market conditions with short-term forecasting capabilities. With its flexible, cloud-based architecture and proven accuracy in pilot programs, Themis STLF offers a scalable solution for utilities looking to modernize their forecasting processes and make more informed decisions.

Ready to discover how Themis STLF can enhance your utility’s planning and decision-making? Get in touch with us to explore its benefits firsthand.