Short-term Electricity Forecast Service released

Energy Edge releases our Short Term Electricity Forecasting Service (EFS)

A long time in the making, Energy Edge is proud to announce our Short Term Electricity Forecasting Service (EFS). Through automatic training of the macro market conditions, the EFS is able to quickly incorporate shifting market fundamentals. The following graphic shows the 46 daily outputs of our week-ahead forecast for the Queensland, New South Wales and Victorian electricity markets between 25 September and 10 November 2020.

Queensland

Review of Queensland Forecasts for the period of 25 September 2020 to 10 November 2020
Actual Spot Price: $35.04/MWh
Forecast Spot Price: $31.99/MWh

New South Wales

Review of New South Wales Forecasts for the period of 25 September 2020 to 10 November 2020
Actual Spot Price: $54.71/MWh
Forecast Spot Price: $50.91/MWh