Spain AI Electricity Price Forecasting & Ancillary Reserve Analytics
QR AMPS: Specialized AI Price Forecasting for Iberian Power Markets
Engineered for the Iberian Peninsula’s unique market design, QR AMPS adapts to OMIE Day-Ahead Market (DAM) coupling, 15-minute continuous intraday trading, and ESIOS secondary/tertiary balancing reserve markets (aFRR/mFRR). Designed for Spanish BESS optimizers, solar PV IPPs, and energy traders, it delivers accurate price projections to manage duck-curve volatility, intense solar cannibalization, and negative price events.
| Market | Data Type | Forecast Resolution | Forecast Points | Update Frequency | Forecast Horizon | Probabilistic Bands |
|---|---|---|---|---|---|---|
| Real-time 15-min Auction | Marginal Price | 15-min | 96 (S1,S2) 48 (S3) | Three times a day | DA (S1, S2) 12 hours (S3) | Low (5%), Average (50%), High (95%) |
| Real-time 15-min Continuous | Marginal Price | 15-min | 97-192 | Every Hour | Current Hour-DA | Low (5%), Average (50%), High (95%) |
| DAM Energy | Marginal Price | 15-min | 3 x 96 x 7 | Three times a day | 7 DA | 1-99 Percentile Bands |
| DAM Reserves (aFRR/mFRR) | Upward Downward BALANCING | 15-min | 3 x 96 x 2 | Three times a day | 2 DA | Low (5%), Average (50%), High (95%) |
Interactive Spain Price Forecast Dashboard
QR AMPS generates live Iberian electricity price predictions delivered via interactive web dashboards. Custom-configured for Spanish national market prices and ESIOS balancing zones, each dashboard features:
- Real-Time Intraday & Continuous Forecasts: High-frequency 15-minute price projections with probabilistic low, median, and high confidence bands visualized on dynamic candle charts.
- Day-Ahead Market (DAM) Forecasts: 15-minute and hourly OMIE DAM price shapes featuring P10, P50, and P90 uncertainty bands alongside co-optimized upward and downward aFRR/mFRR balancing price forecasts.
- Automated OMIE Model KPIs: Real-time performance tracking benchmarking P50 AI forecasts against official OMIE/ESIOS settlement prices using MAPE, MAE, RMSE, and Directional Hit Rate metrics.
- 7-Day Rolling DAM Forecast Evolution: Video playback showing how multi-day DAM price shapes and continuous intraday trends converge as delivery approaches.
- Integrated Iberian Grid Telemetry: Dual y-axis charts displaying Red Eléctrica (REE) system demand, solar PV generation, wind output, hydro storage levels, and international intertie flows (France/Portugal) alongside predicted prices.
Note: Public previews show 24-hour delayed data. Real-time access requires a registered account.