ECAST is a price forecasting system that combines non-parametric time series and distribution modelling with web based data acquisition and machine learning.
ECAST provides 48 hour ahead forecasts of demand, prices and the exceedance probabilities of extreme price events on a half hourly basis for the Australian National Electricity Market (NEM).
- ECAST GUIDE
- SAMPLE OUTPUT (FULL VERSION)
Events in the NEM in 2016 have substantially impacted on ECAST forecasting performance and the model is under review. Increased price volatility is a key elements of this review and this is being explored in the E-Blog on this site.