Spot-Price Forecast

Power Price Forecast EPEX SPOT Day-Ahead Auction (DE/LU Phelix)

The Price forecast for the EPEX-SPOT Day-Ahead auction for Germany and Austria is based on a multilevel an recursive KNN-algortihm and Artificial Intelligence (AI). Our ProCom method for forecasting the German power load uses calendric influencing factors. The price is precisely forecasted on an hour, by using wind- and solar forecasts as well as peak and off-peak data.

Type of Delivery: FTP / E-Mail
Time of Delivery: Daily at 5.30 a.m., 7.30 a.m., 10.30 a.m., 1.45 p.m.

Price Forecast EPEX Spot Day-Ahead Auction (DE/LU Phelix), 25.10.2020

22:48

Exemplary presentation of the price forecast for the EPEX SPOT Day-Ahead Auction (Phelix) incl. prices of the auction results (delayed by one day)

Benefits:

  • Excellent price-performance ratio of the forecast period
  • Current, early and precise forecast calculation
  • Generation underlies a multilevel use of ANN (Artificial Neural Networks)
  • Simple integration to common IT-applications (e.g. BoFiT and ITA)
  • Consists of Confidence Band and additional monthly reviews
  • “Must Have” for the use of power plants in the Day-Ahead and control power market

User:

Direct sellers

Power Traders

Supplier/Public utility with 24/7

Supplier/Public utility without 24/7

Industry

Examples:

  • Planning the use of power plants and tasks for optimization
  • For participants in the market without in-house forecasts
  • For everyone, who needs a broad band of forecasts

Your contact person

Oliver Ashrafi

Telephone: +49 241 51804 555
E-Mail: Oliver.Ashrafi@procom.de Get in touch

Trial Versions 30 days non-binding & free of charge

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