February 10, 2021 By Kunal Virmani < 1 min read

Until just a few years ago, millions of people in rural India did not have reliable access to electricity, according to a report issued by the World Bank. Pressure to forecast demand, down to 15-minute time frames, and procure power beforehand, created lots of challenges.

For state governments, the key to balancing supply is accurately predicting demand. But, until recently, predictions have been calculated manually using spreadsheets. Lacking precision, distribution companies were buying too much power, leading to waste, or too little power, contributing to financial losses. Delhi-based Mercados EMI a leading consultancy firm that specializes in solutions for demand forecasting, chose IBM Weather Business Solutions to help predict demand with greater accuracy with more frequent updates.

“The bottom line is you have to know how much power you will consume so that you buy only as much as you require.” – Rachit Kumar Agarwal, Managing Partner

Turns out, predicting energy consumption has a lot to do with the weather. New improvements in the Weather Company Data Packages helps forecasters predict day-ahead energy requirements.

Factoring in weather data

Today, both the states of Uttar Pradesh and Bihar are using Weather Data APIs through the IBM Weather Operations Center, a suite of applications that combine and integrate  the Weather Company Data Package with geospatial analytics, dashboards for visualization and alerting capabilities.

Read the full case study to find out how Mercados EMI helped India overcome their challenges by creating an AI-based demand forecasting solution based on Weather Company Data Packages.

Read the case study

Was this article helpful?

More from Energy and Utilities

The different types of renewable energy 

5 min read - Renewable energy, also known as clean energy, is produced from natural resources that are generated and replenished faster than they are consumed—such as the sun, water and wind. Most renewable energy sources produce zero carbon emissions and minimal air pollutants. Fossil fuels (oil, coal and natural gas) on the other hand, are finite resources and release harmful greenhouse gas emissions (GHGs), including carbon dioxide (CO2) and methane, when burned. They are widely considered to be the main causes of climate…

What is vegetation management? 

4 min read - When North America suffered its largest blackout, it cost upwards of USD 6 billion  and left 50 million people without power for up to two days. What caused the blackout? Overgrown trees that came into contact with a power line.   Beyond causing blackouts, overgrown vegetation can also cause soil erosion and water quality problems, disrupting both our economy and the environment.  Vegetation management aims to mitigate these risks. But what exactly does vegetation management mean? It involves promoting desirable, stable…

Save energy, decarbonize and transition to renewables while operationalizing sustainability

4 min read - Recent political and climate-related environmental events have impacted energy sourcing, supply and costs. The resulting energy crisis impacts all countries, industries, sectors and societies across Europe. Combined with imminent reporting requirements from the European Commission, saving and securing energy sustainably and moving to renewable energy sources equitably is imperative. The immediate energy crisis coincides with the equally crucial long-term journey to sustainability. A traditional management mindset could see this imperative as an onerous obligation that could cut into profitability. But…

IBM Newsletters

Get our newsletters and topic updates that deliver the latest thought leadership and insights on emerging trends.
Subscribe now More newsletters