Spain secondary band forecasting

At AleaSoft, we provide short-term Spanish secondary band price forecasts with a horizon of up to seven days and 15-minute granularity. This tool is essential for the generation of bids to participate in the market, for energy trading and for production planning and optimisation, and is of great use to TSOs, control centres, utilities, IPPs and traders.

The forecasts are based on the Alea methodology, which combines Artificial Intelligence, time series and statistical modelling. This methodology has been used in energy forecasting for 27 years, guaranteeing its quality and consistency.