How AI is reshaping residential energy forecasting

Predicting the unpredictable.

Utilities are increasingly having to predict the unpredictable when it comes to residential energy use. And paying for it in rising imbalance costs.

The rapid adoption of low-carbon technologies is dismantling the predictability that once defined residential energy demand, leaving utilities to navigate behind-the-meter volatility, and increasingly variable renewable generation.
 
Traditional forecasting models, built on historical averages, are no longer sufficient in a world where apparently identical households can behave entirely differently from one day to the next.
 
The path forward lies in real-time, device-level visibility and AI-driven forecasting; systems that learn continuously, optimize consumption, and integrate directly with trading operations.
 
This short report explores the challenge of forecasting a sector in flux- and how smart grid AI / machine learning is coming to the rescue.

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