The BelVis platform provides an all-round solution for the Forecast of Power, Gas and District Heating demand. It uses base modules and additional components to comply both with the requirements of regulation and with the need to optimize the energy demand.
BelVis Forecast PRO/EHP
With its Time Series Management (TMS) powerful engine and flexible Power and Gas market models built in, BelVis allows you to safely manage the process underlying the Demand Forecast, from 3rd party data acquisition (via EDL+) to nomination of forecast data to the markets/TSO (using the EDX-T for power and EDIGAS module for gas), with the certainty of fully monitoring the process at any time.
With the use of this tool, Traders are also able to model and predict fundamental market factors such as Country/Zonal Energy Demand and Energy Prices (ex: PUN).
With BelVis Forecast – thanks to the advanced algorithm modules “PRO” and “EHP” – you can access several forecasting techniques of the different commodities such as:
both for short and medium to long term, or on an hourly or daily basis, and obtain not only the conventional Deterministic forecast, but also the calculation of the Confidence intervals.
BelVis Forecast Analytics Intelligence (AI)
New business models, more efficient supply chains, improved customer relations – the digitalization of the energy sector opens up new opportunities for all market participants.
The Energy market needs therefore to rapidly change and improve the efficiency of the whole system, making the maximum use of the new technologies available in the fields of acquisition, processing and dispatching of energy data. A genuine revolution driven by the installation of smart meters (2G) and the need to balance the power grid to integrate heterogeneous and distributed power generation, enabling increasingly flexible and efficient market access and the best energy pricing policies.
This evolution requires management tools that are able to make the best use of the latest generation technological models. The new AI BelVis Forecast is the solution to the current Energy market challenges, in which the the acquisition and processing of massive data ties in with sound Analytics tools aimed at controlling and monitoring activities of data and forecast output quality. The functions of “Analytics Intelligence” implement the new built-in process of optimization and continuous improvement of the forecasts based on the BelVis extended library of predictive algorithms.