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Leading global utility company OPC chose FSIGHT’s AI platform for energy forecasting

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11.1.2021

Leading global utility company OPC to forecast energy demand with FSIGHT AI platform

FSIGHT's technology provides both day-ahead and intraday consumption and production forecasts with very high accuracy (less than 2% mean absolute percentage error) leading to substantial cost savings.

“FSIGHT Artificial Intelligence and Machine Learning technologies demonstrated superior forecasting results over alternative products", says Amit Rosenberg, Trade Manager for OPC.

Aside from its state-of-the-art forecasting solution, which is used by a growing number of international utilities, FSIGHT is an industry leader in managing Distributed Energy Resources and Renewable Energy Communities that utilize Peer-to-Peer trading.

FSIGHT’s leading customers are Verbund (Austria), Uniper (Germany), Wien Energie (Austria), Vector (New Zealand), NKM (Hungary), SBB (Switzerland), Andritz (Austria), Rapac Energy (Israel).

"Shortly into our pilot, we agreed on a commercial partnership with OPC, who are innovators in the energy market," says Emek Sadot, FSIGHT’s CEO. “We're proud and excited to partner with such a leading, global utility company."


ROTEM PROJECT, ISRAEL


Contact us if you’re interested in initiating a FREE energy forecasting pilot with FSIGHT.