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Business analytics company SAS has announced SAS Energy Forecasting, a new load-forecasting solution the company says is designed to help utilities operate more efficiently by capitalizing on interval data from smart meters.

According to SAS, utilities can use big data from smart meters, power plants and other sources to produce accurate and timely forecasts of short- and long-term load and demand.

“Working with our customers, we developed SAS Energy Forecasting to go beyond what any forecaster has had access to before,” says Alyssa Farrell, SAS global marketing manager for energy and utilities. “We include utility-specific forecasting models and a comprehensive forecasting toolset for further refinement or custom configuration. Data mining and other analytical methods produce forecasts that more accurately reflect business realities and better guide decision-makers ranging from load forecasters to senior executives.”

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