XM
CHALLENGE
For XM, the administrator of the Wholesale Energy Market in Colombia, the traditional methods of manually forecasting daily electricity demand for the entire country were proving inadequate in the face of increasing energy demands and complex consumption patterns.
SOLUTION
To overcome these limitations, Lexica introduced a comprehensive AI Semantic digital platform, LexicaEnergy. This platform harnesses advanced data analysis techniques to rapidly process intricate energy consumption data, delivering precise and timely electricity demand forecasts.
Building a Semantic Energy Business Brain empowers energy planners and grid operators to anticipate demand shifts, ensuring a stable and efficient electricity supply.
RESULT
Uninterrupted power supply by safeguarding the stability and reliability of the national power grid for the past 5 yrs.
Success with LexicaEnergy led to Lexica also powering their Voluntary Disconnectable Demand Management mechanism to deal with congestion and supply interruptions.
From the LexicaEnergy Brain, more than 100 applications have been built, of which more than 20 make up the XM digital platform.
Next: Expansion of XM’s automated regulatory framework.