What is day ahead prognosis in SAP IS-U-EPM - Energy Portfolio Management?

SAP Term: day ahead prognosis

• Component: IS-U-EPM

• Component Name: Energy Portfolio Management

• Description: A procedure to determine the short-term procurement and sale of energy for the next day.

Smart SAP Assistant

• Key Concepts: 
  Day Ahead Prognosis is a feature of the IS-U-EPM Energy Portfolio Management component of SAP. It is used to forecast energy demand and supply for the next day. This helps energy companies to plan their operations and make decisions about energy production and distribution. 
  
  How to use it: 
  Day Ahead Prognosis can be used to create forecasts for energy demand and supply for the next day. This can be done by entering data such as weather forecasts, historical data, and other relevant information into the system. The system then uses this data to generate a forecast for the next day. 
  
  Tips & Tricks: 
  When using Day Ahead Prognosis, it is important to ensure that the data entered into the system is accurate and up-to-date. This will help ensure that the forecasts generated are as accurate as possible. Additionally, it is important to regularly review and update the data in order to keep the forecasts up-to-date. 
  
  Related Information: 
  Day Ahead Prognosis is part of the IS-U-EPM Energy Portfolio Management component of SAP. Other features of this component include Demand Forecasting, Supply Forecasting, and Risk Management. Additionally, there are other components of SAP that can be used for energy management, such as IS-U-EPM Energy Trading and IS-U-EPM Energy Optimization.