NeuralProphet: Energy Demand Forecasting

NeuralProphet: Forecasting Energy Demand

The gap between classical forecasting techniques and deep learning models

Introduction

In this article, use NeuralProphet (by Meta AI) to forecast energy demand. Forecasting energy demand is extremely important as the demand for electricity increases. Knowing how much electricity is needed ahead of time has a significant impact on carbon emissions, energy cost, and policy decisions¹.

On November 30, 2021 Meta AI (formerly Facebook) released NeuralProphet. NeuralProphet was built to bridge …

artificial intelligence energy forecasting machine learning python time-series-data time series forecasting