Forecasting of consumption behavior such as gas and electricity holds a mammoth significance in Utilities. Typical utility departments such as Finance, Rates, Billing, Grid Modernization, Operational, Customer Experience, and Strategy can leverage such consumption trends to build their next course of items for their business and thereafter serve the customers better. However, the challenges that underpin gas and electricity consumption forecasts are different on many levels. In this session we will attempt to unpack some key ideas that can help us in predicting these consumptions with a greater confidence.
- Discuss the common challenges in gas and electricity consumption.
- Key strategies to handle time-series between gas and electricity consumption.
- Empowering executives with actionable insights.
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