Innovation Grid

Purpose: Boosting the energy marketing strategy.

Objectives

Development of a computer system, based on an innovative methodology, for medium and long-term energy price and market forecasting based on Genetic Algorithms and Bayesian Networks, which will generate projections based on current scenarios and historical data.

Key Results

  • Technical: Improvement of energy market projection processes
  • Strategic: Estimated reduction in economic losses, caused until now by future planning failures, provided by the system developed
  • Economic: Commercialization of the software to be produced in the project 

Main information

Scope

Development of an adaptive system for creating medium and long-term energy market price forecast scenarios.

Partners / Entities of support

UFPA/FADESP/CENERGEL

Investment (contract)

R$ 2MM

Scalable?

Yes

Stages

Design

October/2022

Kickoff

March/2023

Prototype

March/2024

Tests

September/2024

Validation

February/2024

Implementation

March/2025

Deadline for implementation (in months)

24 months

P.S.:

Deadline: March/2025