Independent BID3 consultants.
Expertise in BID3, AFRY's power market dispatch model widely used for European price forecasting, scenario analysis and asset valuation.
Getting more from BID3.
European power markets are tightly interconnected, increasingly renewable and shaped by policy. BID3 is widely used to model how these markets dispatch and price across zones and scenarios.
We help you build, calibrate and run BID3 studies, translate results into price curves and asset revenues, and integrate them with your commercial processes.
Our BID3 services.
Market setup
Zones, interconnectors, plant and demand assumptions designed for your markets.
Price forecasting
Hourly and long-term price curves with clear assumptions.
Scenario analysis
Policy, commodity and build-out scenarios.
Asset valuation
Revenue projections for renewables, storage and thermal assets.
Support and training
Run support, documentation and analyst training.
Part of our Optimisation & forecasting practice.
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 →BID3: common questions.
Do you model European markets with BID3?
Yes. We support BID3 studies across interconnected European markets, from model setup and calibration to scenarios and price curves.
Can BID3 results feed our ETRM?
Yes. Our two practices work together to bring forward curves and scenarios into your ETRM/CTRM and risk reporting.
Independent expertise across the market.
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