Hitachi Energy has launched Nostradamus AI , an advanced AI -powered energy forecasting solution designed to transform the global energy industry . Using over 30 years of energy data, the tool optimizes investment decisions, business strategies and operational planning in ways never seen before.
Nostradamus AI offers a prediction accuracy 20% higher than industry standards , facilitating faster and more cost-effective decisions for power system operators, energy producers and traders. According to Massimo Danieli, General Manager of Network Automation at Hitachi Energy, this solution provides users with unprecedented analytical capabilities, enabling efficient management of energy data.
AI at the service of renewable energy
The global energy transition demands accurate and rapid forecasting, especially in a context of increasing volatility due to renewable energy . Nostradamus AI stands out as a tool specifically designed to handle large volumes of data , from wind turbines to smart meters. This allows organizations to effectively meet decarbonization and energy security objectives .
Hitachi Energy’s solution is highly configurable and easily integrates with existing systems thanks to its cloud-native architecture . This ensures that users can scale from a single forecast to over 100,000 forecasts efficiently, leveraging advanced AI capabilities to maximise results.
Nostradamus AI contributes to a more efficient energy future
With Nostradamus AI, energy companies can make accurate predictions for wind and solar generation and market prices, improving transparency and facilitating regulatory compliance. Maryam Akram, Director at Chartis Research, highlights that this tool optimizes the management of machine learning models and ensures agile and efficient implementation.
As the energy sector transforms, Hitachi Energy continues to lead with innovative solutions that not only increase forecast accuracy but also drive a more sustainable and accessible energy future.
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Source: Hitachi Energy
Photo: shutterstock
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