News & Articles
Your source for power market insights
Recent developments in artificial intelligence and power trading, providing expert insights, news, and practical trends for professionals in the field.
POWER FORECAST
The probabilistic forecasting model, a substantial improvement in risk management of renewable generation
Probabilistic forecasting models provide full predictive distributions, enabling better risk-adjusted decision-making than single-point estimates. While more complex to implement, they are essential in sectors like energy, meteorology, and finance, where managing uncertainty is critical.
- Probabilistic forecasting model as a key approach to risk management
- Conformal Prediction: measuring uncertainty
- Evaluation metrics
POWER & DEMAND FORECAST
Key Tips for accurate predictions in a 15-minute electricity market
The new QH market in Spain allows for more accurate grid management and deviation handling. Market participants will need to update forecasts and intraday plans as settlements move to 15-minute intervals.
- How to align your forecasts with the new market rules
- Cutting-edge 15-minute predictions
ELECTRICITY MARKETS
Challenges and Opportunities of the Quarter-Hourly Electricity Market in Iberia
From March 18, 2025, the Spanish electricity market will move toward a more detailed and dynamic operating model, introducing 15-minute intraday trading (QH) and settling deviations at the same time resolution (ISP15).
- Offers based on average power (MW)
- Day-Ahead market (hourly) and the Intraday market (15-minute)
- Increased volatility in imbalance prices
- Italian market experience: Integrating with the TIDE regulatory framework
POWER FORECAST / ENERGY MARKETS
Building a reliable renewable energy forecasting system
Energy transition is driving a structural shift in energy management. Flexibility and profitability strategies, such as battery use and participation in Balancing Services (SSAA), are key to system optimization—but this transformation also requires the evolution of current energy forecasting models.
- Next-generation challenges in renewable energy forecasting
- Incorporating SCADA and additional operational data
- Advanced forecasting for efficient renewable energy management
Power Forecast / Trading System
Optimizing energy operations in Spain: understanding the Pool and Intraday Markets
Discover how to fine-tune your energy trading approach for better performance and profitability.
- Unlock the full potential of your electricity market operations
- TRADE + FORECAST: The ultimate duo for energy optimization
POWER FORECAST
Kickstart energy optimization for your new installation
The FORECAST service provided by Gnarum allows producers to reduce their imbalance costs from the very early stages of each installation’s commissioning, through the various management platforms of the Last Resort Suppliers (CUR).
- Technology: Photovoltaic and Wind
- Frequency: Daily
- Resolution: 1h, 15min
- Format: CUR
- Delivery: Email, FTP
ENERGY MARKET / POWER FORECAST
Transforming renewable energy management through smart Forecasting
Accurate, high-frequency renewable energy forecasting is essential to avoid system imbalances and maximize asset efficiency in the decarbonization process.
- The challenge of renewable integration
- The role of advanced forecastings
- Meter-to-Market: An end-to-end energy management approach
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