Electric co-op forecasts demand and transmission needs with SAS®
The Northern Virginia Electric Cooperative (NOVEC) provides power to 144,000 customers. To keep electric costs down and to reliably serve customers, NOVEC needs to know how much power to buy, transmit and deliver for its consumers. SAS Analytics provide NOVEC with a broad array of econometric and time series forecasting techniques, along with point-and-click interfaces that can grow with the utility.
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Jamie Hall, Senior Operations Research Analyst
NOVEC needs to forecast demand for power and the need to build or upgrade electric infrastructure
The model built in SAS provided a 21.7 percent improvement versus the competing model
“SAS has the functionality to do what we need now and what we anticipate needing in the future.”
Senior Operations Research Analyst