Path: blob/master/cloud/notebooks/python_sdk/deployments/foundation_models/Use Time Series Foundation Models and timeseries data to predict energy demand.ipynb
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Use Time Series Foundation Models and time series data to predict energy demand
Disclaimers
Use only Projects and Spaces that are available in watsonx context.
Notebook content
This notebook demonstrates the use of a pre-trained time series foundation model for multivariate forecasting tasks and showcases the variety of features available in Time Series Foundation Models.
Some familiarity with Python is helpful. This notebook uses Python 3.11.
Learning goals
The learning goals of this notebook are:
To explore Time Series Foundation Models
To initialize the model
To forecast based on historical data
Contents
This notebook contains the following parts:
1. Set up the environment
Before you use the sample code in this notebook, you must perform the following setup tasks:
Create a watsonx.ai Runtime Service instance (a free plan is offered and information about how to create the instance can be found here).
Install and import the ibm-watsonx-ai
and dependecies
Note: ibm-watsonx-ai
documentation can be found here.
Connection to watsonx.ai Runtime
Authenticate the watsonx.ai Runtime service on IBM Cloud. You need to provide Cloud API key
and location
.
Tip: Your Cloud API key
can be generated by going to the Users section of the Cloud console. From that page, click your name, scroll down to the API Keys section, and click Create an IBM Cloud API key. Give your key a name and click Create, then copy the created key and paste it below. You can also get a service specific url by going to the Endpoint URLs section of the watsonx.ai Runtime docs. You can check your instance location in your watsonx.ai Runtime Service instance details.
You can use IBM Cloud CLI to retrieve the instance location
.
NOTE: You can also get a service specific apikey by going to the Service IDs section of the Cloud Console. From that page, click Create, and then copy the created key and paste it in the following cell.
Action: Enter your api_key
and location
in the following cell.
Action: Assign project ID below
To be able to interact with all resources available in watsonx.ai Runtime, you need to set the project which you will be using.
Training dataset
This tutorial uses the Hourly energy demand dataset dataset, which contains four years of electrical consumption and generation data for Spain. It is a modified version of the Hourly energy demand generation and weather. For simplicity, the dataset has been prepared to have no missing values and no irrelevant columns."
Show the last few rows of the dataset.
Describe the data.
Split the data
The purpose of this notebook is to demonstrate the core functionality of features available in Time Series Foundation Models. The selected model, ibm/granite-ttm-512-96-r2
, requires a minimum context length of 512. Therefore, the dataset will be split into a historical dataset containing 512 rows, while the next 96 lines will be used to check the consistency of the predictions.
Visualize the data
Time Series Foundation Models in watsonx.ai
List available models
Defining model
You need to specify model_id
that will be used for inferencing:
TSModelInference
is a wrapper for time series models available from watsonx.ai, designed to forecast future values based on historical data.
Defining the model parameters
We need to provide a set of model parameters that will influence the result:
Plot predictions along with the historical data.
8. Summary and next steps
You successfully completed this notebook!
You learned how to use Time Series Foundation Models in real life applications.
Check out our Online Documentation for more samples, tutorials, documentation, how-tos, and blog posts.
Authors
Aleksandra Kłeczek, Software Engineer at watsonx.ai.
Copyright © 2024-2025 IBM. This notebook and its source code are released under the terms of the MIT License.