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Pittsburgh, Pennsylvania - - September 1 2008 - - NeuralWare is pleased to announce general availability of the NeuralPower® electricity demand and price forecasting package (www.neuralpower.com).
NeuralPower consists of three components, Modeler™, Forecaster™, and Scheduler™.
Modeler is used to create, evaluate, and deploy collections of models – called Schemas – that Forecaster and Scheduler run to produce short term as well as long term demand and price forecasts. Modeler exploits the power and automated facilities of the NeuralWorks Predict engine to produce robust forecasts, without requiring the modeler to be an expert in the underlying neural network technology.
Forecaster runs neural network models and provides visualization and reporting capabilities for plant operators, financial analysts, traders, and others whose job responsibilities involve decisions based on electricity demand and pricing.
Scheduler also runs neural network models to produce demand and price forecasts. However, Scheduler automatically places forecast output in computer files that can be accessed by other software for custom reporting and archiving in data warehouses.
For additional information and to request a demonstration of NeuralPower, please contact Jack Copper at jack.copper@neuralware.com.
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