Alexela Energy AS applied research for development of electricity consumption prediction model

Project code LEP18083
Start date October 1, 2018
End date January 31, 2019
Project category Research
Lead Margarita Matson
Personnel Juri Belikov, Eduard Petlenkov, Kristina Vassiljeva, Aleksei Tepljakov
Partners Alexela Energia AS
Funding NUTIKAS, Alexela Energia AS
Project link https://www.etis.ee/Portal/projects/Display/58fa25ee-246b-4c89-afd5-13c4f9d75844?lang=ENG

The aim of the research project is to develop a model for accurate energy consumption estimation and prediction using methods based on artificial intelligence and machine learning. The outcome of the project is a methodology that can be integrated into the energy company business planning software.

Project results

As a result of this project, a software package has been developed fulfilling the aims of the project.

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