Forecasting
Forecasting is the practice of projecting future energy consumption, cost, or demand based on historical data, trends, and known variables such as weather or occupancy.
Definition
Forecasting projects future values — typically consumption, cost, or demand — based on historical patterns and relevant variables like seasonality, weather, or planned operational changes. In energy management, forecasting supports both budgeting and anomaly detection, since actual data can be compared against the forecasted range to flag deviations.
Why It Matters
Forecasting shifts energy management from reactive to proactive — anticipating cost and demand changes ahead of time rather than only responding after they occur.
How ecolyptus Helps
ecolyptus's Forecasting module is a core platform feature, modelling expected consumption ranges per meter and flagging deviations in near real time.