Power market modelling and forecasting you can trust, and act on.
Our energy market modelling consultants help utilities, generators, traders, developers and investors build, run and get value from energy market models and forecasts, using leading tools including PLEXOS, PROMOD and BID3.
The energy transition has made the future harder to model, and more valuable to get right.
- Renewables, storage and interconnection are reshaping price formation, volatility and capture prices
- Policy, carbon and fuel uncertainty demand robust scenario analysis, not single-point forecasts
- Models are complex, data-hungry and often depend on a few key people
- Forecasts frequently fail to reach, or convince, the trading and investment teams that need them
Four services across the modelling lifecycle.
From the long-term outlook to tomorrow's dispatch, and from a one-off study to a lasting in-house capability.
Market modelling & price forecasting
Fundamentals-based price forecasts and scenarios, with transparent assumptions and capture-price analysis.
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Asset valuation & investment analysis
Revenue projections, PPA pricing and valuation support for renewables, storage, thermal and interconnectors.
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Portfolio & dispatch optimisation
Production cost modelling, unit commitment and storage dispatch optimisation that inform operations and hedging.
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Model implementation, integration & support
Tool selection, model build, data integration, audit, training and ongoing modelling support.
Explore →Rigorous, transparent and built around the decision.
We agree the question the model must answer, and size the model to it.
Demand, fuel, carbon, policy and build-out assumptions are documented and challengeable.
Models are back-tested against history before they are trusted with the future.
Central, high, low and bespoke cases show the range of outcomes and what drives them.
Clear implications for your business, plus models and documentation your team can own.
Hands-on expertise in the leading modelling tools.
We are independent of every vendor, so we recommend and use the tool that best fits your question.
PLEXOS consultants
Expertise in PLEXOS, Energy Exemplar's energy market simulation and optimisation platform, from model build and calibration to forecasting, capacity expansion and ongoing support..
Explore PLEXOS →PROMOD consultants
Expertise in PROMOD, Hitachi Energy's nodal production cost and transmission analysis tool, for congestion, locational price and network-aware planning studies..
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BID3 consultants
Expertise in BID3, AFRY's power market dispatch model widely used for European price forecasting, scenario analysis and asset valuation..
Explore BID3 →Built for the organisations shaping the energy system.
Portfolio optimisation, hedging insight and long-term planning.
Revenue forecasts and valuation for wind, solar and storage.
Fundamental price views that inform trading strategy.
Independent market analysis for investment decisions.
Flexible ways to work together.
A scoped forecast, valuation or optimisation study with clear deliverables.
We build or upgrade your model, then train your team to run it.
Flexible capacity or a managed service that keeps your forecasts current.
Energy market modelling: common questions.
What is power market modelling?
Power market modelling simulates how supply, demand, interconnection, fuel, carbon and policy interact to set prices and dispatch. Fundamentals-based models are used for price forecasting, asset valuation, portfolio optimisation and investment decisions.
Which tool is right for us: PLEXOS, PROMOD or BID3?
Each has strengths. PLEXOS is widely used for integrated, multi-horizon energy system modelling; PROMOD for nodal production cost and transmission studies; BID3 for European power market dispatch and price forecasting. We compare tools independently against your questions.
What is a capture price?
A capture price is the average market price actually earned by a generation technology, such as wind or solar, weighted by when it generates. As renewable output grows, capture prices can fall below baseload prices, which matters for valuation and PPA pricing.
Can you value battery storage projects?
Yes. We model battery dispatch across wholesale, balancing, ancillary and capacity revenues to produce revenue projections and sensitivities for investment decisions.
Can you audit or take over an existing model?
Yes. We audit and validate existing models, document them, and can provide ongoing support or a managed service so your forecasts stay current.
Want your forecasts inside your trading and risk systems?
Our ETRM & CTRM practice connects modelling outputs with the platforms your traders, risk managers and finance teams use every day.
