Tokyo, November 7, 2014 – Rakuten, Inc. today announces that it has decided to employ ‘Proficy* CSense,’ a data management and analysis software of GE Intelligent Platforms, Inc. (GEIP), a subsidiary of U.S. company General Electric (GE), in building an electric power demand forecasting system that utilizes accommodation booking data, a project it has been pursuing since June this year.
Since June this year, Rakuten, in partnership with Clips and new power company Global Engineering, has been moving ahead with constructing an electric power demand forecasting system based on the correlation between accommodation booking data and electric power consumption data, in order to reduce volume imbalances in renewable energy retailing and mitigate punitively imbalanced electricity charge payments arising from them. In constructing this system, Rakuten noted the ability of GEIP’s ‘Proficy CSense’ software to visualize and analyze time-series data, as well as its ability to analyze and predict correlations through multivariable analysis, which led it to adopt the software. Incidentally, this represents the first time in Japan that ‘Proficy CSence’ has been employed to carry out analysis of big data relating to electric power demand fluctuation.
From here on Rakuten will move ahead with constructing the system, while taking into consideration progress in the discussions on shifting away from the 30-minute real power balancing system to a planned power balancing system, which are being undertaken by the Working Group on System Design, Electricity System Reform Subcommittee, Basic Policy Committee, Advisory Committee for Natural Resources and Energy, Ministry of Economy, Trade and Industry (METI).
In the future Rakuten will also utilize multivariable analysis of big data on energy in the low-voltage sector, which will be obtained from the simplified HEMS (home energy management systems) scheduled to be developed by Energy Demand Development Limited Liability Partnership (hereafter “Energy Demand Development LLP” (address: Shinagawa City, Tokyo)), of which Rakuten is a representative partner. Rakuten hopes this will also prove useful in building service development platforms for the electric power demand side.
* In some instances, in the U.S. and other countries Proficy is a registered trademark or trademark of GE Intelligent Platforms, Inc.
■ GE Intelligent Platforms
Company name: GE Intelligent Platforms, Inc.
Business description: The development, sale and servicing of packaged software in the PC instrumentation and control sector
Address: Minato City, Tokyo
■ Proficy CSence Seminar
GE Intelligent Platforms Product Seminar, Fall 2014
-- Making the Industrial Internet Real: An Introduction to the Proficy CSense Multivariable Analysis Tool --
Rakuten Energy is scheduled to explain its electric power demand forecasting system that utilizes accommodation booking data, and the utilization of big data and its outlook at Energy Demand Development LLP, at the above seminar, which is being hosted by GEIP on Tuesday, November 11, 2014.