Proactive energy management and cost optimization with AI

Dive into the consumption forecast and prepare for future costs

Granlund Manager Consumption and Cost Forecast is a tool for energy management that allows you to delve into not only consumption forecasts but also future costs.

An AI-based Consumption and Cost Forecast provides forecasts for both individual properties and an entire property portfolio 36 hours ahead.

If it appears that the price of electricity will be significantly high the next day and at the same time the consumption in the buildings is high, based on the forecast, it is possible to prepare for the situation.

Anticipate price spikes with Consumption and Cost Forecast

If it appears that the price of electricity will be significantly high the next day and at the same time the consumption in the buildings is high, based on the forecast, it is possible to prepare for the situation.

Once the forecast is available, the operation of building technology and other electricity consumption can be adjusted to lower power levels or scheduled for hours when the price is more moderate. After the price spike has passed, the technology can be returned to normal operation.

Granlund Manager Consumption and Cost Forecast is a useful tool for companies participating in electricity auctions.

Reliable data sources

The functionality relies on four essential data sources: historical data on the property’s energy consumption, historical weather data, weather forecasts from the local national meteorological service and spot prices, which are updated daily.

By combining these data sources, a model can be created using artificial intelligence, which allows simulating the energy consumption profile of properties and predicting the future.