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31-03-2021

Power Demand Forecasting


Reliable power is a fundamental requirement for any organization. Critical applications require maximum uptime and when problems occur, the downtime for restoration and repair must be minimized. “Reliable” applies not only to the availability of power but also to the quality of power.

 

As part of the Maintenance Program of Black Sea Terminal, we perform power quality monitoring, analyze the pertinent data to reveal any deficiencies, and plan the appropriate preventive or corrective actions. In addition, we also monitor the power consumption rate to reveal the power-saving opportunities.

 

We have also implemented a power forecasting methodology. Forecasting future electricity demand is difficult because there is considerable uncertainty due to the factors that significantly affect (increase or decrease) electricity demand. However, we compare the forecasted and actual data to improve the forecasting techniques and increase its reliability.

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