Forecast Variance Analysis

Forecast variance analysis compares the actual historical values to the forecasted values so that neural network definitions that are not performing well can be identified and retrained with the assumption that future estimates will improve. The analysis process runs at a time that is after the forecasted time interval elapses and the actual output values become known. This allows the variance between estimated and actual output values to be determined. If the variance is too high, retrain the neural network with an improved set of historical input and output values.

Variance analysis processing can add retraining tasks to the training priority queue for neural network definitions whose forecasts are not within an acceptable range of the actual energy load.

The forecast variance analysis process can be triggered on demand for all qualified neural network definitions by a direct user command or scheduled through the MSS.

Configuration