Through our new solution provider partner Enertel AI, Yes Energy is pleased to offer forecasting services for any data series in North American power markets. These include prices, load, and generation forecasts anywhere it’s measured in Yes Energy products.   

About Enertel AI 

Enertel AI was founded by advanced data analytics and power trading specialists, to bolster the ability of power market participants to use artificial intelligence (AI) in their day-to-day decision making. Enertel’s belief is that recent advances in AI can reduce manual work for traders while also improving the accuracy of their decisions.  

Successful applications of AI in power markets require three inputs: high-quality data, purpose-built algorithms, and robust optimization. Yes Energy supplies a strong foundation of high-quality data by handling data collection, standardization, and all the other costly aspects of data engineering. Enertel constantly researches and implements the most cutting-edge algorithms and optimization techniques.  

With all three critical inputs in place, operationalizing and maintaining AI at scale demands a delicate balance of accuracy and reliability. Model accuracy must be constantly upgraded while reliable forecasts are produced every day without fail. Establishing this balance requires sophisticated infrastructure, feature engineering, model training and tuning, model review and governance, model inference and serving, model deployment and monitoring, and automated model retraining. Enertel handles all of this complexity so traders can focus their attention on making timely decisions. 

Enertel AI forecasts 

Enertel offers both a “managed model”, as well as a “build-your-own" approach to forecasting. Via the managed model approach, Enertel delivers daily load, price, and generation forecasts for major hubs, zones, and systems from their best, pre-architected, constantly tuned models. A sample of popular managed model forecasts are available for free to all Yes Energy users for accuracy and reliability evaluations. 

Via the build-your-own approach, users of the Enertel platform have the option to select specific forecast targets and predictive data features from Yes Energy’s deep data catalog to create custom models. The Enertel platform still handles all the complexity of training, testing, and deploying custom models, but the model results are exclusive to the user that created them.  

Regardless of the forecast approach, Enertel is obsessed with accuracy and aims to provide as much transparency as possible when it comes to how their forecasts perform against actuals and ISO forecasts. Forecast accuracy will vary by target, but Enertel’s load forecasts generally attain or beat a 4% MAPE and their day ahead price forecasts generally attain or beat a $10 MAE. 

Integration with Yes Energy products 

To support the entire end-to-end decision-making process, Enertel’s forecasts can be delivered directly to users through Yes Energy products, including PowerSignals, QuickSignals, and DataSignals. With the tight integration between Enertel’s forecasts and Yes Energy’s analytics, visualization, and data delivery tools, there is no need for traders to add an additional application to their morning routine.  

Enertel’s day ahead LMP forecast for ERCOT North Hub visualized in the Time Series Analysis module within PowerSignals alongside actual data from the ISO. 

All Yes Energy customers have access to a day-delayed version of some of Enertel’s most popular forecasts for free, and with no additional activation required, to back-test forecast accuracy before subscribing. Full access to Enertel’s latest forecasts and historical vintages requires a separate, paid subscription, but free, limited time trial access is available. 

Get started today 

Existing Yes Energy customers search for “Enertel” in Yes Energy data series selectors to begin your evaluation of forecast accuracy and reliability. Additional details on the Enertel integration are available to Yes Energy product users in the Yes Energy Help System. 

To learn more, see https://www.yesenergy.com/partnership-enertel-ai or contact partners@yesenergy.com. 

To request a personalized demo and free trial, contact David Murray at
Enertel AI.