50HERTZ LIMITED

ENERGY PORTFOLIO
MANAGEMENT (EPM) @
KPTCL-SLDC
MARCH 2018
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ABOUT US
50Hertz© is a growing organization engaged in
two main verticals in Energy Domain

Executive Consultation
to Power Utilities
Built on a strong foundation of values
Trust Ethics Integrity

Software Products Honesty Respect

Development

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Providing
To become STRATEGIC and
THE GLOBAL LEADER TACTICAL
in ENERGY MARKET SOLUTIONS TO OUR
Vision Mission CUSTOMERS
b y d e l i v e r i n g
50 Hertz ensures that they meet their
QUALITY SOFTWARE PRODUCTS
operational demands in a timely
SERVICES fashion using the products &
CONSULTATION information technology
available to them.

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Internet of Things (IoT), alternative energy sources, and big Energy Portfolio
data have merged to create vast opportunities in the utility and
energy sector. Simultaneously, the utility and energy sector Management
have seen consumption flattening out and consumers
demanding better ways to control their use of energy. To be
effective and efficient, utility and smart grid companies need to
innovate and renew themselves.

Energy Portfolio Management play an important role in

empowering the energy sector to realize current and future
business value and have become the building block for future
use cases. These use cases include short and long-term power
load forecasting, trading, load balancing, grid optimization,
lowering costs and optimizing revenue potential.

Big data and advanced analytics methods, such as Machine

Learning, are the key enablers for producing accurate and
meaningful forecasts.

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Benefits |Energy Portfolio Management

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Key Features| Energy Portfolio Management

Load forecasting :
• Short Term MIS report generation for Smooth
•
•
Medium term
Long Term
Key Decision Making

Supply availability for :

Features
• Real time intra day
• Day ahead
Market insights for :
Gap Analysis & Scheduling (Intra
• Surplus and Deficit of power
Day & Day Ahead) • Replacement of Power

• Economical Solution based on MOD to

manage the Surplus/Deficit Power Power Portfolio Optimization to
• Deviation Settlement Mechanism (DSM) for evaluate energy market
SaaS (Software as a Service) opportunities
energy quantum and price
Based Product/Solution
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Energy Sector | Types of Demand Forecasting

Demand forecasting can help solve critical business problems in many ways and can be used as the foundation for many other use cases
in the industry. Generally speaking there are two types of energy demand forecasts. It is important to distinguish between these forecast
scenarios because they represent different business needs and have different deployment and consumption patterns.

Short Term Forecasting

These are forecasts that are no further out than 48 hours
and are commonly used for operational use cases. These
models use real-time and near present data. They are
less sensitive to seasonal patterns or long-term
consumption trends.

Mid & Long Term Forecasting

These models are usually from 1 week to a multiple years
and are commonly used for planning and investment use
cases. They rely on a minimum of 3 years of quality data
where they extract seasonality patterns and make use of
external predictors.
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Energy Sector | Types of Demand Forecasting

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Energy Sector | Demand Forecast Input Data Parameters

Historical Demand
Data ( 1-10 Years)

Temperature
Load type
Weather Inputs

Agricultural Industry Domestic Commercial

Humidity

Matches, Elections, Population Growth

Festivals and
Marriages
Rainfall Regulatory Policies
Public Holidays GDP
and Weekends

Radiation Events Regulatory Impact Econometric inputs

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Forecasting Mechanism

Trend
Analysis

Events/Holida
Historical Live Data Weather ys/Industrial Analytical
Data (SCADA/SEM) Input Calendars Models
etc.
Data
verification

Final Forecasted Data

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Load Forecasting (Day Ahead)

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Load Forecasting (Intra Day)

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Load Forecasting Comparison

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Functional
Demo

50 HERTZ LIMITED
2nd floor, D 21,Corporate Park
Sector-21,DWARKA
New Delhi – 110077

Tel :- +91-11 - 6565 1994

Fax : +91-11 - 4576 8467

Sougata.mitra@50hertz.in