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Electricity AI Price Forecasting Software, Solution & Services​

  • Electricity markets or ISOs energy and reserves price forecasting: Nodal, Locational Marginal Price (LMP), Zonal, Trading Hub.
  • Intraday, DAM, 5-60 mins price forecast temporal resolution.
  • Forecast publication frequency: every 10 mins 24/7 for intraday and 9:00 for DAM.
  • Probabilistic forecasts, upper & lower uncertainty bands.

Challenges

Clients’ profile. Generation companies, utilities, electric co-ops and munis, energy retail providers, marketers, traders and transmission entities operating in real-time intraday and day-ahead (5-60 minutes resolution) power markets.

Targets:
1. Accurate day ahead and intraday, 5-60 minutes resolution, nodal, trading hub and LMP energy and reserve price forecasts to support trading decisions.
2. Implement real-time 24/7 automated, stand-alone and accurate price forecast solutions, as a web cloud solution that can be easily integrated with in-house trading systems, ISOs, weather data services, and internal data sources.

AI Price Forecasting Advanced Ecosystem

  • Microservice architecture enables accelerated custom configuration of AI price forecast solutions for world electricity markets.
  • API-friendly ecosystem provides the data fetchers, APIs and databases to fetch and manage the data of any power market.

Price Forecast as a Service

AI forecasting service for demand and prices (zonal, Trading Hub, nodal, LMP) for world electricity system operators & markets.

Electricity Markets We Cover

We provide energy price forecasts for world power markets. Each AI price forecast model use as inputs a relevant set of data published by the market operator, such as prices, system demand, outages, generation supply side data, possible intraday or 7 DA forecasts, bids and offers or trading books, and weather. Some market exchanges or operators publish these data free of charge, while some require a paid license from the end user client.

Electricity markets with open access data

We fetch the data of these markets, and use them for price forecasting. Clients have no action to take with regard to data procurement. These price forecasts are distributed to all our clients.

CAISO (US)

Intraday - Demand

Resolution 5 min, frequency 15 min.

  • AVA
  • AZPS
  • BANC
  • BANCMID
  • BANCRDNG
  • BANCRSVL
  • BANCSMUD
  • BANCWASN
  • BCHA
  • BPAT
  • CAISO-TAC
  • IPCO
  • LADWP
  • MWD-TAC
  • NEVP
  • NWMT
  • PACE
  • PACW
  • PGE
  • PGE-TAC
  • PNM
  • PSEI
  • SCE-TAC
  • SCL
  • SDGE-TAC
  • SRP
  • TEPC
  • TIDC
  • TPWR
  • VEA-TAC

Resolution 15 min, frequency 15 min.

  • AVA
  • AZPS
  • BANC
  • BANCMID
  • BANCRDNG
  • BANCRSVL
  • BANCSMUD
  • BANCWASN
  • BCHA
  • BPAT
  • CAISO-TAC
  • IPCO
  • LADWP
  • MWD-TAC
  • NEVP
  • NWMT
  • PACE
  • PACW
  • PGE
  • PGE-TAC
  • PNM
  • PSEI
  • SCE-TAC
  • SCL
  • SDGE-TAC
  • SRP
  • TEPC
  • TIDC
  • TPWR
  • VEA-TAC

Resolution hourly, frequency 60 min.

  • AVA
  • AZPS
  • BANC
  • BANCMID
  • BANCRDNG
  • BANCRSVL
  • BANCSMUD
  • BANCWASN
  • BCHA
  • BPAT
  • CAISO-TAC
  • IPCO
  • LADWP
  • MWD-TAC
  • NEVP
  • NWMT
  • PACE
  • PACW
  • PGE
  • PGE-TAC
  • PNM
  • PSEI
  • SCE-TAC
  • SCL
  • SDGE-TAC
  • SRP
  • TEPC
  • TIDC
  • TPWR
  • VEA-TAC

Intraday - Price

Resolution 5 min, frequency 15 min.

  • DLAP_PGAE-APND
  • DLAP_SCE-APND
  • DLAP_SDGE-APND
  • DLAP_VEA-APND
  • ELAP_AZPS-APND
  • ELAP_BCHA-APND
  • ELAP_IPCO-APND
  • ELAP_NEVP-APND
  • ELAP_PACE-APND
  • ELAP_PACW-APND
  • ELAP_PGE-APND
  • ELAP_PSEI-APND
  • MLAP_ANHM-APND
  • MLAP_NCPA-APND
  • MLAP_RVSD-APND
  • MLAP_VERN-APND
  • TH_NP15_GEN-APND
  • TH_SP15_GEN-APND
  • TH_ZP26_GEN-APND
  • SMEC

Resolution 15 min, frequency 15 min.

  • DLAP_PGAE-APND
  • DLAP_SCE-APND
  • DLAP_SDGE-APND
  • DLAP_VEA-APND
  • ELAP_AZPS-APND
  • ELAP_BCHA-APND
  • ELAP_IPCO-APND
  • ELAP_NEVP-APND
  • ELAP_PACE-APND
  • ELAP_PACW-APND
  • ELAP_PGE-APND
  • ELAP_PSEI-APND
  • MLAP_ANHM-APND
  • MLAP_NCPA-APND
  • MLAP_RVSD-APND
  • MLAP_VERN-APND
  • TH_NP15_GEN-APND
  • TH_SP15_GEN-APND
  • TH_ZP26_GEN-APND

Intraday - Generation

Resolution 5 min, frequency 15 min.

  • Caiso_Totals

Resolution 5 min, frequency 15 min.

  • Caiso_Totals

Day-Ahead - Demand

Hourly resolution, frequency once a day 9:00 am to 10:30 am.

  • TPWR
  • TEPC
  • TIDC
  • BANCWASN
  • BANC
  • NWMT
  • SDGE
  • MWD
  • BANCMID
  • BCHA
  • PACE
  • BPAT
  • PNM
  • PACW
  • IPCO
  • NEVP
  • BANCSMUD
  • LADWP
  • AVA
  • BANCRDNG
  • VEA
  • SRP
  • CAISO-TAC
  • PGE
  • PGE-NEW
  • PSEI
  • BANCRSVL
  • SCE
  • SCL
  • AZPS

Hourly resolution. These are CAISO published data.

  • TPWR
  • TEPC
  • TIDC
  • BANCWASN
  • BANC
  • NWMT
  • SDGE
  • MWD
  • BANCMID
  • BCHA
  • PACE
  • BPAT
  • PNM
  • PACW
  • IPCO
  • NEVP
  • BANCSMUD
  • LADWP
  • AVA
  • BANCRDNG
  • VEA
  • SRP
  • CAISO Total
  • PGE
  • PGE-NEW
  • PSEI
  • BANCRSVL
  • SCE
  • SCL
  • AZPS

Hourly resolution. These are CAISO published data.

  • TPWR
  • TEPC
  • TIDC
  • BANCWASN
  • BANC
  • NWMT
  • SDGE
  • MWD
  • BANCMID
  • BCHA
  • PACE
  • BPAT
  • PNM
  • PACW
  • IPCO
  • NEVP
  • BANCSMUD
  • LADWP
  • AVA
  • BANCRDNG
  • VEA
  • SRP
  • CAISO Total
  • PGE
  • PGE-NEW
  • PSEI
  • BANCRSVL
  • SCE
  • SCL
  • AZPS

Day-Ahead - Price

Resolution 60 min, frequency once a day 9:00 am to 10:30 am.

  • DLAP_PGAE-APND
  • DLAP_SCE-APND
  • DLAP_SDGE-APND
  • DLAP_VEA-APND
  • ELAP_AZPS-APND
  • ELAP_BCHA-APND
  • ELAP_IPCO-APND
  • ELAP_NEVP-APND
  • ELAP_PACE-APND
  • ELAP_PACW-APND
  • ELAP_PGE-APND
  • ELAP_PSEI-APND
  • MLAP_ANHM-APND
  • MLAP_NCPA-APND
  • MLAP_RVSD-APND
  • MLAP_VERN-APND
  • TH_NP15_GEN-APND
  • TH_SP15_GEN-APND
  • TH_ZP26_GEN-APND

Day-Ahead - Generation

Resolution 60 min, frequency once a day 9:00 am to 10:30 am.

  • Caiso_Totals

Resolution 60 min, frequency once a day 9:00 am to 10:30 am.

  • Caiso_Totals

MISO (US)

Intraday - Demand

Resolution 5 min, frequency 15 min.

  • MISO_Totals

Resolution 60 min, frequency 60 min.

  • NORTH
  • SOUTH
  • CENTRAL
  • MISO

Resolution 60 min, frequency 60 min.

  • LRZ1
  • LRZ2_7
  • LRZ3_5
  • LRZ4
  • LRZ6
  • LRZ8_9_10

Intraday - Price

Resolution 60 min, frequency 60 min.

  • MISO System Price
  • ARKANSAS.HUB
  • ILLINOIS.HUB
  • INDIANA.HUB
  • LOUISIANA.HUB
  • MICHIGAN.HUB
  • MINN.HUB
  • MS.HUB
  • TEXAS.HUB

Resolution 5 min, frequency 5 min.

  • MISO System Price
  • ARKANSAS.HUB
  • ILLINOIS.HUB
  • INDIANA.HUB
  • LOUISIANA.HUB
  • MICHIGAN.HUB
  • MINN.HUB
  • MS.HUB
  • TEXAS.HUB

Intraday - Generation

Resolution 5 min, frequency 15 min.

  • MISO_Totals

Resolution 5 min, frequency 15 min.

  • MISO_Totals

Day-Ahead - Demand

Resolution 60 min, frequency daily.

  • NORTH
  • SOUTH
  • CENTRAL
  • MISO

Resolution 60 min, frequency daily.

  • LRZ1
  • LRZ2_7
  • LRZ3_5
  • LRZ4
  • LRZ6
  • LRZ8_9_10

Hourly Resolution. These are MISO published data.

  • NORTH
  • SOUTH
  • CENTRAL
  • MISO

Day-Ahead - Price

Resolution 60 min, frequency daily

  • MISO System Price
  • ARKANSAS.HUB
  • ILLINOIS.HUB
  • INDIANA.HUB
  • LOUISIANA.HUB
  • MICHIGAN.HUB
  • MINN.HUB
  • MS.HUB
  • TEXAS.HUB

Day-Ahead - Generation

Resolution 60 min, frequency daily

  • MISO_Totals

Resolution 60 min, frequency daily

  • MISO_Totals

Resolution 60 min, frequency daily

  • NORTH
  • SOUTH
  • CENTRAL
  • MISO

ERCOT (US)

Intraday - Demand

Resolution 15 min, frequency 15 min.

  • ERCOT_Totals

Hourly Resolution, Frequency 60 min.

  • NORTH
  • SOUTH
  • WEST
  • Houston
  • ERCOT_Totals

Hourly Resolution, Frequency 60 min.

  • COAST
  • EAST
  • FAR_WEST
  • NORTH
  • ERCOT_Totals
  • NORTH_C
  • SOUTHERN
  • SOUTH_C
  • WEST

Intraday - Price

Resolution 5 min, frequency 15 min.

  • ERCOT_Totals

Resolution 15 min, frequency 15 min.

  • LZ_AEN
  • LZ_CPS
  • LZ_HOUSTON
  • LZ_LCRA
  • LZ_NORTH
  • LZ_RAYBN
  • LZ_SOUTH
  • LZ_WEST
  • HB_BUSAVG
  • HB_HOUSTON
  • HB_HUBAVG
  • HB_NORTH
  • HB_PAN
  • HB_SOUTH
  • HB_WEST
  • SCED

Intraday - Generation

Resolution 5 min, frequency 15 min.

  • ERCOT_Totals

Resolution 5 min, frequency 15 min.

  • ERCOT_Totals

Resolution 60 min, frequency 60 min.

  • ERCOT_Totals

Resolution 60 min, frequency 60 min.

  • ERCOT_Totals

Day-Ahead - Demand

Hourly Resolution. These are ERCOT published data.

  • COAST
  • EAST
  • FAR_WEST
  • NORTH
  • NORTH_C
  • SOUTHERN
  • SOUTH_C
  • WEST

Hourly Resolution. These are ERCOT published data.

  • NORTH
  • SOUTH
  • WEST
  • Houston

Day-Ahead - Price

Resolution 60 min, frequency once a day 9:00 am to 10:30 am.

  • LZ_AEN
  • LZ_CPS
  • LZ_HOUSTON
  • LZ_LCRA
  • LZ_NORTH
  • LZ_RAYBN
  • LZ_SOUTH
  • LZ_WEST

Resolution 60 min, frequency once a day 9:00 am to 10:30 am.

  • HB_BUSAVG
  • HB_HOUSTON
  • HB_HUBAVG
  • HB_NORTH
  • HB_PAN
  • HB_SOUTH
  • HB_WEST

PJM (US)

Intraday - Demand

Resolution 5 min, frequency 15 min.

  • AEP
  • APS
  • ATSI
  • BC
  • COMED
  • DAYTON
  • DEOK
  • DOM
  • DPL
  • DUQ
  • EKPC
  • JC
  • ME
  • PE
  • PEP
  • PJM-MID ATLANTIC REGION
  • PJM-RTO
  • PJM-SOUTHERN-REGION
  • PJM-WESTERN-REGION
  • PL
  • PN
  • PS
  • RECO

Intraday - Price

Resolution 5 min, frequency 15 min.

  • WESTERN HUB
  • NEW JERSEY HUB
  • EASTERN HUB
  • WEST INT HUB
  • CHICAGO HUB
  • AEP-DAYTON HUB
  • CHICAGO GEN HUB
  • AEP GEN HUB
  • OHIO HUB
  • N ILLINOIS HUB
  • DOMINION HUB
  • ATSI GEN HUB

Resolution hourly, frequency 60 min

  • WESTERN HUB
  • NEW JERSEY HUB
  • EASTERN HUB
  • WEST INT HUB
  • CHICAGO HUB
  • AEP-DAYTON HUB
  • CHICAGO GEN HUB
  • AEP GEN HUB
  • OHIO HUB
  • N ILLINOIS HUB
  • DOMINION HUB
  • ATSI GEN HUB

Resolution hourly, frequency 60 min

  • AEP Zone
  • DEOK Zone
  • DPL Zone
  • PSEG Zone
  • APS Zone
  • RECO Zone
  • PJM-RTO Zone
  • BGE Zone
  • DUQ Zone
  • OVE ZoneC
  • JCPL Zone
  • METED Zone
  • DOM Zone
  • EKPC Zone
  • PEPCO Zone
  • PPL Zone
  • COMED Zone
  • AECO Zone
  • PECO, Zone
  • ATSI Zone
  • DAY Zone

Intraday - Generation

Resolution hourly, frequency 60 min

  • PJM_Totals

Resolution hourly, frequency 60 min

  • PJM_Totals

Day-Ahead - Demand

Resolution hourly. These are PJM published data.

  • AEP Zone
  • DEOK Zone
  • DPL Zone
  • PSEG Zone
  • APS Zone
  • RECO Zone
  • PJM-RTO Zone
  • BGE Zone
  • DUQ Zone
  • OVE ZoneC
  • JCPL Zone
  • METED Zone
  • DOM Zone
  • EKPC Zone
  • PEPCO Zone
  • PPL Zone
  • COMED Zone
  • AECO Zone
  • PECO Zone
  • ATSI Zone
  • DAY Zone

Day-Ahead - Price

Resolution hourly, frequency once a day 9:00 am to 10:30 am.

  • AEP Zone
  • DEOK Zone
  • DPL Zone
  • PSEG Zone
  • APS Zone
  • RECO Zone
  • PJM-RTO Zone
  • BGE Zone
  • DUQ Zone
  • OVE Zone
  • JCPL Zone
  • METED Zone
  • DOM Zone
  • EKPC Zone
  • PEPCO Zone
  • PPL Zone
  • COMED Zone
  • AECO Zone
  • PECO Zone
  • ATSI Zone
  • DAY Zone

Resolution hourly, frequency once a day 9:00 am to 10:30 am.

  • ATSI GEN HUB
  • CHICAGO GEN HUB
  • EASTERN HUB
  • DOMINION HUB
  • WESTERN HUB
  • AEP-DAYTON HUB
  • OHIO HUB
  • WEST INT HUB
  • N ILLINOIS HUB
  • NEW JERSEY HUB
  • AEP GEN HUB
  • CHICAGO HUB

Day-Ahead - Generation

Resolution hourly, These are PJM published data.

  • PJM_Totals

Resolution hourly, These are PJM published data.

  • PJM_Totals

SMARD (Germany)

Intraday - Demand

Resolution 60 min, frequency hourly

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Intraday - Price

Resolution 60 min, frequency hourly

  • Germany_Luxembourg

Intraday - Generation

Resolution 60 min, frequency hourly

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Resolution 60 min, frequency hourly

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Resolution 60 min, frequency hourly

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Resolution 60 min, frequency hourly

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Day-Ahead - Demand

Resolution 60 min, frequency daily

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Day-Ahead - Price

Resolution 60 min, frequency daily.

  • Germany_Luxembourg

Day-Ahead - Generation

Hourly Resolution. These are Published by SMARD once for the next day.

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Hourly Resolution. These are Published by SMARD once for the next day.

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Hourly Resolution. These are Published by SMARD once for the next day.

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

Hourly Resolution. These are Published by SMARD once for the next day.

  • Germany_Luxembourg
  • Germany_Totals
  • 50hertz
  • Amprion
  • TenneT
  • TransnetBW

OMIE (Spain)

Intraday - Demand

Resolution 60 min, frequency hourly

  • Spain
  • Portugal
  • Iberian Market

Intraday - Auction Price

Resolution 60 min, frequency hourly

  • Spain
  • Portugal

Intraday - Continuous Price

Resolution 60 min, frequency hourly

    • Spain
    • Portugal

Day-Ahead - Demand

Resolution 60 min, frequency daily

  • Spain
  • Portugal
  • Iberian Market

Day-Ahead - Price

Resolution 60 min, frequency daily.

  • Spain
  • Portugal

Day-Ahead - Generation

Resolution 60 min, frequency daily.

  • Spain
  • Portugal

Resolution 60 min, frequency daily.

  • Spain
  • Portugal

EPIAS (Turkey)

Intraday - Demand

Resolution 60 min, frequency hourly

  • EPIAS_Totals

Intraday - Price

Resolution 60 min, frequency hourly

  • EPIAS_Totals

Intraday - Generation

Resolution 60 min, frequency hourly

  • EPIAS_Totals

Resolution 60 min, frequency hourly

  • EPIAS_Totals

Day-Ahead - Demand

Resolution 60 min, frequency daily

  • EPIAS_Totals

Hourly Resolution. Published by Market once for the next day

  • EPIAS_Totals

Day-Ahead - Price

Resolution 60 min, frequency daily

  • EPIAS_Totals

Day-Ahead - Generation

Hourly Resolution. Published by Market once for the next day

  • EPIAS_Totals

Hourly Resolution. Published by Market once for the next day

  • EPIAS_Totals

Day-Ahead - Ancillary

Resolution 60 min, frequency daily

  • EPIAS_Totals_PFCP
  • EPIAS_Totals_SFCP

Resolution 60 min, frequency daily

  • EPIAS_Totals_PFCA
  • EPIAS_Totals_SFCA

Electricity markets requiring a license for data

Clients must license the data for these markets, provide us their license key, and we fetch the data needed on their behalf for price forecasting. These price forecasts are only distributed to the licensing client.

NORD POOL (Finland, Sweden, Denmark, Latvia, Lithuania, Estonia, France, Netherlands, Austria, Belgium, UK, Poland)

JEPX (Japan)

Day-Ahead - Demand

Resolution 30 min, frequency daily

  • JEPX_Totals

Day-Ahead - Price

Resolution 30 min, frequency daily

  • System Price
  • Hokkaido
  • Tohoku
  • Tokyo
  • Chubu
  • Hokuriku
  • Kansai
  • Chugoku

OPCOM (Romania)

Intraday - Demand

Resolution 15 min, frequency quarterhourly

  • ROPEX_Totals

Resolution 60 min, frequency hourly

  • ROPEX_Totals

Intraday - Price

Resolution 15 min, frequency quarterhourly

  • ROPEX_Totals

Resolution 60 min, frequency hourly

  • ROPEX_Totals

Day-Ahead - Demand

Resolution 60 min, frequency daily

  • ROPEX_Totals

Day-Ahead - Price

Resolution 60 min, frequency daily

  • ROPEX_Totals

How to Proceed

Whether we install  QR Price Forecaster on your private cloud or on-site, or you use it as a service, the road map to follow is the same. You can always start with a POC Trial. Our team is here to assist and work with you every step of the way.
How To Proceed-Price Forecast
How To Proceed-Price Forecast-Mobile

Benefits

  • You can always start with a free POC Trial as indicated above.
  • Two flexible delivery options:
    • Forecast as a Service (FaaS) is our recommended option. Our AI platform and expert team do everything, and you receive, via API and in web dashboards, intraday and DA forecasts every 5–10 minutes, 24/7. No software installation, hardware and IT resources are needed.
    • Software as a Service (SaaS) where we implement QR AI Forecaster on a private cloud of your choosing, or on-site, and you control the data & of the AI models.
  • Cost-effective pricing. Whether you use QR AI Forecaster as FaaS or SaaS, you pay one single annual subscription fee. The fee comprises the license, maintenance and upgrade releases.
  • Ready-to use platform. We offer a large number of preconfigured Deep & Machine Learning models especially designed for price forecasting. These can be instantly trained on any price data set of interest.
  • Expert support team. Creating and maintaining forecast solutions in-house, using generic AI tools, require extensive use of data scientists. When working with QuantRisk our data scientists configure, fine-tune and deploy your forecast models and maintain them in time as data behavior changes.
  • Forecast results are published via API and in web dashboards with data visualization and manual download options.

AI Electricity Price Forecast Case Studies

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Let's talk about your price forecast needs

We look forward to discussing your price forecast project. Please write to us and one of our project managers will get back to you at once.