Portfolio Actions

The following common actions are available on the Portfolio List. Reduced sets of actions are available on the ADU Data, ADU Forecast, and Forecast tabs.

• Edit (Portfolio Properties).
• Add.
• Delete.
• Duplicate.
• Commit Item Forecast to Master.
• Refresh Item Forecast from Master.

The Forecast action is only available in the Portfolio Module and defined below.

Forecast

The portfolio forecasting process involves two steps. First, the forecast is generated with the assigned model using the assigned weather. Second, the forecast is scaled to the portfolio ADU using the assigned scaling method. The calculation for each scaling method is shown below.

• Percentage. The Percentage method takes the profile shape and converts it to a fraction of daily energy forecast where the sum of the fractions equal 100. The fraction forecast is applied to the Portfolio ADU then divided by 100. This method is useful when the Profile Model is estimated in units (e.g. kWh).

Forecast(d,i) = ProfileModel(d,i) * ADU(d) / 100

• Absolute. The Absolute method takes the profile shape and assumes that each interval is a fraction of the day. The fraction forecast is applied to the Portfolio ADU. This method is useful when the Profile Model is estimated as a fraction of the day model (e.g. unitless).

Forecast(d,i) = ProfileModel (d,i) * ADU(d)

• Relative. The Relative method multiplies the ProfileModel forecast by the ratio of the ADU and the model ADU. The ADU calculations are daily values. This method is useful when the Profile Model is estimated in units (e.g. kWh).

Forecast(d,i) = ProfileModel(d,i) * ADU(d) / ModelADU (d)

• Monthly. The Monthly method multiplies the Profile Model forecast by the ratio of the monthly ADU and the model monthly ADU. The ADU calculations are performed on a monthly basis. In this method, the forecast start and end dates must be set so that the complete month is forecasted and the monthly ADU values can be calculated. This method is useful when the Profile Model is estimated in units (e.g. kWh)

Forecast(d,i) = ProfileModel(d,i) * ADU(m) / ModelADU(m)