Energy and Water ForecastingForecast with confidence

Understand what has happened, see what’s coming and plan with confidence.

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Expert-backed energy forecasting software solutions

Whether it’s five minutes or 20 years ahead, we help you navigate what’s next. Since the 1970s, Itron has amassed deep expertise in all aspects of forecasting, both short and long term. Our solutions are powered by AMI data and backed by a team of forecasting experts, empowering you to see the future with unmatched precision.

  • Gain clarity and insight into the factors driving recent outcomes.

  • Improve visibility by using forecasting methods and data that account for the most important and influential drivers of future change.

  • Forecast with confidence and quantify risks and uncertainties using proven methods and industry-leading energy forecasting software.

Optimize operational, financial and planning decisions

Water and energy forecasts play a central role in the utility business process. Short-term forecasts are key for day-to-day operations, while medium-term analysis and forecasts are critical for financial reporting and planning. Long-term forecasts provide future-defining insights into intelligent investment decisions.

  • Measurement

    plus

  • Data Collection

    plus

  • Analysis and Prediction

    equals

  • Intelligent Decisions

Delivering energy forecasts to you

From short-term operations and power procurement to long-term capacity planning, rely on Itron’s forecasting experts to deliver accurate, reliable and scalable forecasts to system operators and utilities around the world.  

See what Itron’s Forecast as a Service (FaaS) offering looks like in action. 

Energy Forecasting Services Expertise

Itron offers software solutions and services, such as forecast process reviews and updates, rate case support, staff supplementation, forecast outsourcing, subscription services and training—all backed by industry experts.

Read more about our services
Energy forecasting services

Case studies

  • Improving Forecasting Accuracy with AMI Data

    DTE changed the conversation from what was happening to what’s going to happen by incorporating real-time AMI data.

  • Annual Energy Survey Report

    Itron’s annual report paints a broad picture of real-world electric and natural gas forecasting practices. Discover what recent reports reveal and what the survey findings mean for you.

    Review a recent survey

  • Energy Forecasting Group (EFG)

    EFG is a subscription-based service that provides access to regional end-use data and models. EFG also hosts annual meetings for members, industry experts and colleagues to connect, review key findings and share best practices.

    Join the EFG

Providing established solutions

Independent System Operators (ISOs), utilities, municipalities, cooperatives and energy retailers around the globe rely on Itron solutions to deliver accurate, real-time power and natural gas forecasts.

  • 80% & 100% of the ISOs in North America and Australia, respectively, use our forecasting services

  • 70% of operators in North America use Itron forecasting tools to predict electric sales

  • 30% of operators in North America use Itron forecasting tools to predict gas sales

Global Cloud Platform

Forecast as a Service (FaaS) is delivered on Microsoft Azure, which provides the scalability, security, power and agility required for safe and reliable operation.

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Resources

  • Overview of Decision Tree Modeling Methods

    Decision tree methods date back to the 1960s and are still a key component of the data-science playbook. Learn more about DTR, GBR and RFR methods.

  • A Deep Dive Into Support Vector Regression

    Unlike most regression methods, support vector regression is a data science that emerged as an offshoot of support vector machines. Discover how it works and what it can do for you.

  • The Future of Operational Forecasting has Landed in Australia

    Learn how Australia is using this forecasting framework and concept of Dynamic Operating Envelopes to grow and manage DERs, particularly PV generation and battery storage.

Explore related products and services

  • Short-Term Forecasting

    Develop accurate short-term forecasts of system loads with Itron’s industry-leading automated forecasting system or Forecast as a Service.

    Learn More

  • Financial Forecasting

    Develop monthly sales, customer and revenue forecasts with MetrixND, specifically designed to meet utility forecasting and variance analysis needs.

    Learn More

  • Long-Term Forecasting

    Anticipate future transmission and generation resource requirements based on hourly forecasts that integrate new technologies, distributed energy resources and time-varying rates.

    Learn More

  • Distribution System Forecasting

    Facilitate the transition to a decarbonized grid by integrating location-specific distributed energy resource adoption scenarios into long-term hourly forecasts by substation, feeder and transformer.

    Learn More

  • Load Research

    Develop accurate load shape estimates for customer classes and end-use technologies using Itron’s LRS software and related services.

    Learn More

  • Forecasting Workshops & Meetings

    Build the skills and knowledge needed to forecast with confidence through virtual or in-person training, webinars, blogs and Itron networking events.

    Learn More