As we say goodbye to 2023, we've taken some time to reflect on how HydroForecast has grown this year. It was a busy year filled with new feature updates, conferences and events, and new research. As we're reflecting, we also threw in a sneak peek about some exciting updates that we have planned for 2024. Read on to learn about them!
Quick stats on our year
1. Organizations around the world who deal with water volatility are using HydroForecast for decision making and planning in the following areas, as of the end of 2023:
Water supply management
Planning for agriculture
In hydropower, one of our largest markets, HydroForecast is being used to operate a total of 10,015 MW, an increase of 1,271 additional MW of energy compared to the start of 2023. That’s enough energy to power 10 million homes!
2. HydroForecast is live on five continents and 14 countries
3. Forecasting in 20 new basins around the world
39 new short-term forecast points
27 new seasonal forecast points
4. Launched and deployed our newest product: HydroForecast Long-term
5. 97% customer renewal rate
6. Hosted 5 webinars during which we answered your top questions, introduced new features, and discussed our latest research
We’re always looking for ways to improve users’ experience with HydroForecast. Below is a list of highlighted updates we released this year:
We saw how much short-term changes in weather patterns can affect seasonal water supply, especially in places like California that are prone to atmospheric rivers, so we updated our seasonal forecast to use HydroForecast Short-term for the first 10 days
Coming soon: A sneak peek into what we have planned for 2024
New short-term model on the way!
Our team has implemented a novel method for integrating input data that varies in time horizon, which adds resilience to HydroForecast’s production workflow during times of weather outages. This advancement also allows us to integrate inputs like the High-Resolution Rapid Refresh (HRRR) forecasts, which have a 48-hour prediction window.
A California statewide public historical streamflow dataset
We are partnering with The Nature Conservancy - California to develop a statewide public historical streamflow dataset across a diverse set of river basins, including both gauged and ungauged areas. We will produce natural flow and actual, or regulated, flow data over a historical time period to provide insight into the impact of human activity on rivers across the state and to assist future decision making and planning around development. Don’t hesitate to reach out to us to learn more about this work at firstname.lastname@example.org.
Seasonal forecast improvements
We are listening to how our customers are using our seasonal forecasts for their planning efforts and working on new visuals to customize how you view our seasonal volume forecasts. We know it’s important to view projected water supply over a key period of time, so these visualizations will include flexibility in dates that users can define.