Post event: Power price forecasting forum 2023
Takeaways from the power price forecasting forum 2023
Andras Kiss and Manuel Sanchez were in Milan on June 5 and 6 to present at the Power price forecasting forum 2023.
The power price forecasting summit assembled about 80 quantitative developers from all over Europe in Barcelona for its summer edition.
The two-day business networking event gave industry experts from analytic departments of power generation and energy trading companies, energy utilities, and electricity TSO/DSO the chance to educate the attendees on deliberate strategies to improve electricity price forecasting techniques. Specifically for the day-ahead and intraday forecasting for electricity markets, price modelling, and long-term electricity price analysis.
Andras and Manuel spoke about ‘Forecasting battery revenues’. To view their presentation: KYOS Forecasting battery revenues – Power price forecasting forum 2023.
Maybe you find the following publication also interesting: Battery storage Report – KYOS.
Renewable asset valuation
In order to value your assets, you need a system that is able to capture all elements including PPAs. KYOS is the leading provider of analytical software and data services in European energy markets. We offer an unrivalled web-based software platform to value and optimize energy storages. It will also allow you to manage a complete portfolio of renewable assets and contracts. KYOS is also the number 1 provider of hourly price forward curves for European power.
Depending on your needs, you can customize the KYOS renewable risk management system to quantify the risk of your regulated renewable asset or portfolio of assets. Compare the cash-flows of the PPA with sourcing power directly from the market to assess profits or losses. Also assess different dynamic hedging strategies, such as stack-and-roll and proxy hedging. In short, you will get a complete picture of your portfolio, including related hedges.
Contact us for a free demo! Info@kyos.com
More information on financial aspects of renewable power
Have a look at the E-Book that Cyriel de Jong wrote on “The financials of renewable power and PPA’s”. It provides more insight in the various methods, for example used in long-term or short-term forecasting, creating simulations and price forecasts. Highly recommended! When you sign up for our newsletter, you will get free access to this E-Book.