One of Energy Local's core drivers is innovation, which is why we're so excited to share this graph and announce our partnership with Ogre AI!
Underpinning all generative AI is pattern recognition and prediction of what comes next. Thanks to Ogre AI, this is being put to good use by forecasting energy generation and consumption for Energy Local Clubs with remarkable precision. This graph shows how closely Ogre AI's predictions match reality.
How does this benefit Energy Local Club members?
The more accurate our forecasting, the more precisely our members can time their energy use to enjoy lower costs. In turn, local generators in an Energy Local Club - many of which are community or locally owned - will then see higher revenues.
Real-time use of locally generated power also supports grid efficiency, which helps suppliers and district network operators.
It's another example of how we're using technology to improve the outcomes for Energy Local Clubs and all involved.
For more information on how Energy Local Clubs work, see our introductory video.