Power and Renewables

Enverus Power Forecasting Solutions: Delivering Precision and Innovation

byDaniel Manfre Jaimes
July 21, 2025

In the dynamic landscape of energy markets, accurate load forecasting is essential for informed decision-making. Enverus power forecasting solutions have consistently demonstrated exceptional performance, particularly during extreme weather events and critical peak demand periods. Complementing this reliability, our ongoing commitment to innovation has led to significant enhancements in our forecasting models. This blog highlights the accuracy of our load forecasts in recent high-stakes scenarios and introduces a transformative weather algorithm update that further elevates our power forecasting accuracy.

1.21% MAPE: Exceptional Accuracy During Extreme Weather in NYISO

In June 2025, New York City endured a severe heat wave from June 20 to June 25, with temperatures peaking at 99°F in Central Park and 102°F at Kennedy Airport on June 24. This event drove electricity demand to a nine-year high of 31,857 MW in the NYISO system at 6 p.m. on June 24. Our Enverus one-day-ahead forecast demonstrated remarkable accuracy during this extreme event:

  • Hourly MAPE at peak demand (6 p.m.): 1.21%
  • Daily MAPE for June 24: 2.94%

In comparison, the ISO forecast had:

  • Hourly MAPE at peak demand (6 p.m.): 4.58%
  • Daily MAPE for June 24: 5.58%

By leveraging proprietary algorithms within our Mosaic platform, we provided forecasts that significantly outperformed industry benchmarks. This precision enabled our customers to make swift, data-driven decisions during one of the most intense heat waves in recent years, demonstrating that our solutions are reliable not only for routine operations but also under the most challenging conditions.

Precision Call Out: Identifying ERCOT Coincident Peak

Enverus power forecasting solutions also excelled in the ERCOT market during June 2025. On June 19, the Coincident Peak (CP) occurred during Hour Ending 17, and Enverus accurately identified this critical interval one day in advance. This foresight provided customers subscribed to our 4CP alert solution with valuable time to prepare and optimize their operations.

Alert received by Enverus customers who subscribed to the 4CP alert solution. Enverus Mosaic short-term analytics and forecasting solutions are designed to help you explain the past, understand the present and forecast the future.

Our day-ahead load forecast for June 19 achieved a daily MAPE of 1.80% and a MAPE of 1.69% during peak hours (Hour Ending 7 to 22). These metrics highlight the precision and adaptability of our power forecasting tools, which empower customers to stay ahead in dynamic energy markets.

Enhancing Power Forecast Accuracy With a New Weather Algorithm

To further strengthen our power forecasting capabilities, Enverus has introduced a significant enhancement to our weather algorithm. Thorough analyses of cold snaps, heat waves, and shoulder season swings revealed that inaccuracies in temperature forecasts were a primary driver of higher MAPEs. In response, we conducted an extensive review of our temperature forecast data and implemented updates that have yielded substantial improvements across all ISOs.

The backcast analysis for January to April 2025 demonstrates the impact of this new algorithm. Total MAPE accuracy for load forecasts improved by up to 10% in some ISOs, with an average improvement of 4% across the board. Notable enhancements include:

ISOTotal MAPE – BeforeTotal MAPE – AfterImprovement
(percentage points)
ERCOT2.35%2.31%0.04
PJM2.33%2.10%0.23
SPP1.87%1.75%0.12
MISO1.57%1.48%0.09
NYISO2.44%2.38%0.06
ISO-NE3.28%3.18%0.10
CAISO2.94%2.92%0.02

The updated weather algorithm enhances the adaptability of our forecasts, ensuring they remain robust across diverse conditions and seasons.

A Commitment to Excellence in Power Forecasting

Enverus power forecasting solutions combine cutting-edge technology with a relentless focus on improvement. Our ability to deliver highly accurate forecasts during extreme weather events, such as the June 2025 NYISO heat wave, and critical peak periods, like the ERCOT Coincident Peak, demonstrates the reliability of our platform. The recent weather algorithm enhancement further strengthens our models, reducing MAPE across multiple ISOs and reinforcing our commitment to driving superior forecasting outcomes.

By continuously innovating and refining our approach, Enverus ensures that our customers have access to the most accurate and actionable forecasting tools available. Our solutions empower energy market participants to navigate complexity with confidence, delivering measurable value in both routine and extraordinary circumstances.

About Enverus Power and Renewables

With a 15-year head start in renewables and grid intelligence, real-time grid optimization to the node and unparalleled expertise in load forecasting that has outperformed the ISO forecasts, Enverus Power and Renewables is uniquely positioned to support all power insight needs and data-driven decision making. More than 6,000 businesses, including 1,000+ in electric power markets, rely on our solutions daily.  

Picture of Daniel Manfre Jaimes

Daniel Manfre Jaimes

Daniel Manfre Jaimes has been part of the Enverus Power Markets team since 2024 and currently serves as a Power Market Analyst, where he analyzes and provides insights on price, load and power generation forecasting models across North American electricity markets. His work focuses on evaluating model performance, identifying areas for improvement and offering recommendations to enhance forecasting accuracy. Prior to joining Enverus, Daniel developed day-ahead and real-time price forecasting models for the Alberta, ERCOT and PJM electricity markets. He is an electrical engineer who also worked as a Field Electrical Protection Engineer at Siemens, commissioning and implementing protection systems for medium and high voltage substations. Daniel is a registered Professional Engineer (P.Eng.) with APEGA and holds a Master of Science in Electrical Engineering from the University of Calgary.

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content

Enverus Intelligence® Research Press Release - The data center decade has arrived
Energy Transition
ByBrynna Foley, Enverus Intelligence® Research
November 13, 2025

Utility-scale solar and storage developer Pine Gate Renewables filed for bankruptcy last week, underscoring the growing pressure on renewable developers. The announcement follows months of speculation around the financial health of independent developers navigating a rapidly changing policy landscape.  Developers have faced mounting...

Enverus Intelligence Research Press Release - Upstream M&A sails to $17 billion in 1Q25
Business Automation Energy Analytics
ByEnverus
November 10, 2025

Current Market Snapshot Crude prices have softened, and the ripple effects are clear: U.S. oil and gas M&A activity has slowed dramatically as buyers hesitate to commit capital in an uncertain environment. For small and mid-sized operators, this caution translates...

Enverus Press Release - Heightened natural gas price volatility expected amid supply and demand challenges
Energy Market Wrap
ByEnverus
November 7, 2025

Explore this week's top energy stories—from M&A to renewables and infrastructure shifts. Stay informed with Enverus.

Enverus Press Release - Welcome to EVOLVE 2025: Where visionaries converge to shape the future of energy
Analyst Takes Trading and Risk
ByAl Salazar, Enverus Intelligence® Research (EIR) Contributor
November 7, 2025

The current oil market forecast indicates significant oversupply to come as roughly 2.9 billion barrels of crude and petroleum products are stored in OECD tanks today, up from the typical total of 2.7-2.8 billion. At Enverus Intelligence® Research (EIR), our...

Enverus Press Release - Enverus reveals Texas’ renewable energy hot shots
Energy Transition
ByAdam Robinson, Enverus Intelligence® | Research (EIR) Contributor
November 6, 2025

Our latest research shows interconnection queues across major independent system operators have swelled with speculative requests from landowners betting on the AI boom, driving up utility timelines and pushing developers away.

Enverus Intelligence® Research Press Release - OPEC+ cuts and Trump tariffs force price downgrade
Energy Analytics
ByEnverus
November 5, 2025

A Market in Hibernation The U.S. oil and gas M&A market is eerily quiet. Many public buyers are focused on digesting recent acquisitions or avoiding assets that could dilute their portfolios. Private equity firms, despite sitting on dry powder, are...

Enverus Press Release - Updated US residential solar and storage forecast predicts major shifts in power demand by 2050
Power and Renewables
ByEnverus
November 4, 2025

The summer 4CP season is in the books—and for power traders and asset managers, every coincident peak counts. Miss the signal, and you’re paying someone else’s peak. Catch it early, and you protect margin.  Enverus nailed every single one.  Utilizing...

Enverus Intelligence® Research Press Release - Lower oil prices could lead to Permian spending cuts
Energy Market Wrap
ByEnverus
November 4, 2025

This week’s energy headlines spotlight emerging gas plays, rapid integration wins, midstream expansions, offshore momentum and capital market innovation. Here are five stories that stood out:  Also this week: Momentum Midstream’s NG3 pipeline goes live, Amplify Energy exits East Texas,...

SM Merges with Civitas as public E&P consolidation picks up
Analyst Takes News Release
ByAndrew Dittmar
November 3, 2025

In response to today's announcement that SM Energy and Civitas Resources have agreed to merge into a single company with an enterprise value of $12.8 billion, based on prior-day closing prices and including net debt, Andrew Dittmar, principal analyst at...

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Connect with an Expert

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert