GRTgaz, European natural gas transmission system operator has chosen Itron to help it improve its consumption forecasting management process. Itron will provide GRTgaz with its hourly forecasting solution, enabling the system operator to more accurately forecast their customer’s gas needs based in historical consumption data and weather forecasts.
Head of the programming department at GRTgaz, Frédéric Mours said: ‘We are very pleased to be collaborating with Itron on this project, which enables GRTgaz to supply our clients with more reliable individual forecasts of their consumption at more frequent intervals and with greater geographical accuracy.
‘Thanks to Itron’s demand forecasting solution, GRTgaz is able to provide better forecasts for managing the network on an hourly basis and comply with new European network balancing regulations.’
European Regulation, together with the French Commission for Energy Regulation’s (CRE) mandate for GRTgaz to provide each energy supplier with consumption forecasts for their customers provided the impetus for the adoption of Itron’s forecasting solution.
Itron’s Guillaume Garros, gas sales director for southern Europe said: ‘We are very pleased that GRTgaz has continued confidence in Itron to implement a gas demand forecasting solution that is both accurate and flexible.
‘Itron’s unique capacity to generate multiple forecasts of individual consumption patterns will help GRTgaz manage the supply and demand of natural gas and provide its clients with more regular information.’