ElePrice

Which market to bid on for 13-14 tomorrow? What price to set for my bid? All who trade any assets on reserve and wholesale electricity markets deal with these questions daily.

With reserve markets starting to saturate, and some parties joining with very large energy resources, bidders need price forecasts to inform their risk management.

To this need, we offer our ElePrice® electricity market price forecasting service. It provides high quality quantile price forecasts for: FFR, FCR-N, FCR-D, aFRR Capacity, mFRR Capacity, and Nord Pool day-ahead (Elspot) markets in Finland. Coming soon: Denmark and Sweden.

For example, 75th quantile means that there is a 75 % chance that the price will be below the forecasted level. The quantiles are excellent support for you in pricing your bids.

Request a demo to hear more and see metrics about the forecasts’ accuracy.