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Here we publish occasional thoughts, opinions and analysis on all things power markets. Be sure to register as a member to receive a updates and notifications each time we post something new!

The information advantages of multiple forecasts: why many models are better than one

Gavin

May 19
3 min

The information advantages of multiple forecasts: why many models are better than one

Note: this post assumes some familiarity with the Nordic RK (“Regulerkraft” or “regulating energy”) power market. For those without such...

Forecasting in power markets: beating the naive forecast

Gavin

Sep 2, 2021
4 min

Forecasting in power markets: beating the naive forecast

In our previous post, we examined the naive forecast, and in particular its performance for forecasting market outruns (such as market...

Forecasting in power markets: how good is the naive forecast?

Gavin

Sep 1, 2021
2 min

Forecasting in power markets: how good is the naive forecast?

In time series forecasting, the naive forecast - where the forecast for all future periods is set equal to the value from the current...

Optimeering successfully closes early round financing

Gavin

Oct 14, 2020
1 min

Optimeering successfully closes early round financing

We have just successfully closed our "late seed" round of financing - are are really excited about the opportunities this gives us.

Optimeering to present upcoming Practice of OR webinar on market clearing for complex markets

Gavin

Sep 30, 2020
1 min

Optimeering to present upcoming Practice of OR webinar on market clearing for complex markets

Optimeering will present on clearing and pricing in markets with complex bids in the upcoming EURO Working Group in OR Practice webinar

Optimeering awarded the Smart Grid Center's Innovation Prize for 2020

Gavin

Sep 22, 2020
1 min

Optimeering awarded the Smart Grid Center's Innovation Prize for 2020

Optimeering awarded the Norwegian Smart Grids Center's Innovation Prize for 2020, for Impala real-time grid imbalance management

Gavin

Jun 9, 2020
1 min

Impala research paper published

We recently published a research paper describing the Impala algorithm for forecasting intra-hour power system imbalances, together with...

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