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POWERCAST Seeks to Optimize Power Grid Costs and Supply Efficiency

Using AI-assisted forecasting models, the JKU and RISC are working on predicting and improving power loads.

Project participants Powercast; photo credit: RISC
Project participants Powercast; photo credit: RISC

Launched in April 2024, the POWERCAST research project in Hagenberg is focusing on increasing operational efficiency by creating a system to manage extensive and diverse energy data more efficiently. The project involves a consortium of leading experts in the energy industry and in research. Dominik Falkner, technical project manager at consortium leader RISC Software Ltd. in Hagenberg, remarked: “This is how we are contributing to a sustainable use of resources to meet ever-increasing demands.”

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