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A short-term (48-72hrs) Electricity Price Forecasting (EPF) tool that has higher accuracy then competitors, including those currently used by Utilities.
About
The EPF predicts electricity market price up to 72 hours in advance with a higher degree of accuracy than competitor algorithms. The price forecast can be provided by PCS, either as a stand-alone service; or integrated with our energy cost optimisation services.
Key Benefits
The EPF provides more accurate electricity price forecasting, which can increase revenues and/or reduce costs for relevant utilities / traders / industries using the product.
Applications
The EPF has application in the following sectors: - Energy Utilities - Energy Traders - Energy Users - especially but not only LEUs - As part of integrated energy cost optimisation of energy assets