Progress Update - 18th Feb. - 24th Feb.

image

Part A - Machine Learning & Statistics

Development of Power Consumption Models


  • Data acquisition for training the machine learning model related to energy consumption and meteorological data.
  • Analysis, processing, and statistical treatment of data.
  • Development of a machine learning model (LSTM) for predicting national energy consumption.
  • Metrics analysis.
  • Initial discussions on incorporating the results obtained by this model and its usage in the broader project (e.g., Integration with the energy production and market forecast model, mock-up, and end-user interface).

Part B: Blockchain Transactions:

  • Continuation of the study on how blockchain chains and smart contracts function;
  • Continuation of the research on the legal conditions our project could face in the future;
image
Return to Blog