Machine Learning Solution to forecast electricity produced and consumed by Solar Power Prosumers

Machine Learning Solution to forecast electricity produced and consumed by Solar Power Prosumers

Predicting electricity to be consumed and produced by prosumers (households/businesses that produces green energy for their use and sells the excess to the national grid) is a challenging task. Not too many reliable solutions are on the market today.

Here I present a proposed solution using Machine Learning + Prophet forecasting tool. This solution was developed as a research, based off a current real-life competition put forward by one of the largest energy companies in the Baltic regions.