Electricity Price Forecaster
Short term (48-72 hrs) electricity market price forecaster
A short-term (48-72hrs) Electricity Price Forecasting (EPF) tool that has higher accuracy then competitors, including those currently used by Utilities.
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.
The EPF provides more accurate electricity price forecasting, which can increase revenues and/or reduce costs for relevant utilities / traders / industries using the product.
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